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These kinds of statements are infuriating: > Ethos Capital has pledged to adhere to the 10 percent cap, though it would have no contractual obligation to do so
by OskarS 7y ago
These kinds of statements are infuriating:
> Ethos Capital has pledged to adhere to the 10 percent cap, though it would have no contractual obligation to do so. In blog posts, the private equity firm said it planned to invest in new services and clamp down on spam, security attacks and other abuse launched from some illicit dot-org domains.
Like, is there any person in the universe who is naive enough to believe that the motives of a private equity company are totally pure and just about making the web better? It's a private equity company: OF COURSE they are buying it so that they can milk as much cash as possible out of the sale, with absolutely zero concern what's best for the "health of the internet" or whatever. That is their reason for existing. Pretending that this is anything other than a private entity trying to profit at the expense of the public is ludicrous.
- ohashi 7y agoJust look at what the defenders are saying on ICANN mailing lists. You can't assume ill intent from Ethos they say, they could do a better job than ISOC for all we know. It's a bullshit argument coming from registry lobbyists and ISOC members. And they throw out 10% annual price increases per year like it's normal. Since 2003, .ORG has had 7 price increases at 2.5, 10, 7, 3.5, 7, 10, 10 (percent). Which is an average of 7.5% per price increases, which have happened every 2.4 years. So an annual 10% price increase is well out of line with the norm.