Wow, this is the kind of guy running the internet... he just sold out all the non-profits of the world. Jesus. If you read carefully -- despite the title, he w

Wow, this is the kind of guy running the internet... he just sold out all the non-profits of the world. Jesus. If you read carefully -- despite the title, he works hard to obscure it -- the "why" is he just wants the money. His argument about why it's OK -- "Trust me, Ethos is totally trustworthy" -- is absurd and incoherent. First of all, the point and purpose of private equity is to make money. To misconstrue the issue as distrust of private equity is backwards. I trust them 100% -- to fulfill their purpose to make money. They will extract money from this investment as effectively and efficiently as they can. Raising prices quickly is just one thing they might do, by the way. If they can find an opportunity to make a nice and quick profit that devastates .org they won't hesitate to take take it if it meets their current investment goals.