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November 28, 2019 09:08 pm
'Why I Voted To Sell
Richard Barnes, Member of the Internet Society Board of Trustees, writes: I joined the board's unanimous decision to, sell the Public Interest Registry (PIR), the registry for the .org top-level domain, to Ethos Capital. Since this transaction has gotten some attention, I'd like to speak a little about why, in my estimation, this deal is a good one for the Internet. It basically comes down to two things: 1. The Internet Society does great work protecting the Internet and bringing it to the people who need it most -- work that is way more impactful than leasing domain names. This transaction secures that work's future and independence. 2. Ethos is a worthy successor to the Internet Society as the steward of .org. There's no doubt that .org has a big impact on the online brand and identity of nonprofits. But the impact of the Internet Society is much broader than that. For those who might be unfamiliar with the Internet Society, our mission is as follows: 1. The Internet Society supports and promotes the development of the Internet as a global technical infrastructure, a resource to enrich people's lives, and a force for good in society. 2. Our work aligns with our goals for the Internet to be open, globally-connected, secure, and trustworthy. We seek collaboration with all who share these goals. [...] This transaction will put that bigger mission on a solid footing -- so that the Internet Society can provide much more substantive help to nonprofits than merely leasing domain names, and with more continuity over time. 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. Especially as PIR has grown over time, this situation has become increasingly untenable. Establishing a more diverse portfolio of investments will allow us to have more predictable revenue over time, and to take a longer-range perspective when it comes to achieving our mission. 
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Akq02bF1PUM/why-i-voted-to-sell-org
'Why I Voted To Sell .ORG'
Richard Barnes, Member of the Internet Society Board of Trustees, writes: I joined the board's unanimous decision to, sell the Public Interest Registry (PIR), the registry for the .org top-level domain, to Ethos Capital. Since this transaction has gotten some attention, I'd like to speak a little about why, in my estimation, this deal is a good one for the Internet. It basically comes down to two things: 1. The Internet Society does great work protecting the Internet and bringing it to the people who need it most -- work that is way more impactful than leasing domain names. This transaction secures that work's future and independence. 2. Ethos is a worthy successor to the Internet Society as the steward of .org. There's no doubt that .org has a big impact on the online brand and identity of nonprofits. But the impact of the Internet Society is much broader than that. For those who might be unfamiliar with the Internet Society, our mission is as follows: 1. The Internet Society supports and promotes the development of the Internet as a global technical infrastructure, a resource to enrich people's lives, and a force for good in society. 2. Our work aligns with our goals for the Internet to be open, globally-connected, secure, and trustworthy. We seek collaboration with all who share these goals. [...] This transaction will put that bigger mission on a solid footing -- so that the Internet Society can provide much more substantive help to nonprofits than merely leasing domain names, and with more continuity over time. 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. Especially as PIR has grown over time, this situation has become increasingly untenable. Establishing a more diverse portfolio of investments will allow us to have more predictable revenue over time, and to take a longer-range perspective when it comes to achieving our mission. Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Akq02bF1PUM/why-i-voted-to-sell-org
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