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"While it's true that running .org provided a relatively steady income stream, it effectively staked most of our revenue on a single business, and required a ce
by archi42 7y ago
"While it's true that running .org provided a relatively steady income stream, it effectively staked most of our revenue on a single business, and required a certain amount of our resources to be spent managing that business, distracting from the broader mission."
So, now they don't have any significant income stream anymore? Great! So once they run out of money from the sell, they're closing down? That is, unless they find some other way to generate a profit to burn on non-profitable-but-good things (like they're doing now). For which .org was the perfect fit?
I mean, if THEY would have increased prices by 10% per-year for the next few years, well, I think people would have been mad, too. But not as much as now, since at least the money would have flown to some "good use"(tm). But now? Cash flows to private investors, who expect (surprise!) to EARN money on that deal.
- IshKebab 7y agoYeah this makes zero sense. If Ethos are going to keep the prices reasonable (yeah right), they'll make the same amount of money as PIR did, so they won't have paid more for it than PIR would earn anyway.