Hi Nadira. It was just a wild guess. However, my wild guess was prompted by the fact that according to Bloomberg the South African company has an offspring in the US with same CEO & CFO - see https://www.bloomberg.com/profile/company/1085299D:US But I was most likely wrong - https://ethoscapital.com has a different leadership, including Erik Brooks that used to be Managing Partner at Abry Partners, the company who bought Donuts. If this does not ring a bell I wonder what else would. This week I am in a conference, and had not much time to read over the materials after the announcement. I will have more time over the weekend and next week. Cheers, R On 14.11.2019, at 14:26, Nadira Alaraj <nadira.araj@gmail.com<mailto:nadira.araj@gmail.com>> wrote: Hi Roberto, Do you think that there is connection between the recently US registered EthosCapital.com<http://EthosCapital.com> with the South African https://ethoscapital.mu<https://ethoscapital.mu/>? On Thu, Nov 14, 2019, 11:32 Roberto Gaetano <roberto_gaetano@hotmail.com<mailto:roberto_gaetano@hotmail.com>> wrote: Folks, In spite of the fact that I used to be the Chair of PIR Board I do not have more information than what has been made public, but from what I read it seems to me that ISOC has sold PIR for a certain amount, and that amount is going to be invested in other profitable businesses - or even bonds. So, to my understanding, there is no link whatsoever remaining between PIR and ISOC. As a corollary, the ups and downs of .org - and generally the domain name market - will be irrelevant for ISOC, which explains the sentence "secure [ISOC’s] future through more stable, diversified and sustainable financial resources”. As for the future of PIR - and therefore .org - I would suggest reading carefully all the information in https://ethoscapital.mu<https://ethoscapital.mu/>. It will now be possible to do operations that would not have been popular when PIR was linked to ISOC, but could make PIR even more profitable - vertical integration is the first thing that comes to my mind, possibly in conjunction with another registry-registrar aggregation that has a different backend operator. Incidentally, why would a non-profit organization "consider seeking B Corporation certification”? That, to me, would make sense only for for-profit organizations. But it is just speculation from my paranoiac half. Cheers, Roberto On 14.11.2019, at 12:58, Seun Ojedeji <seun.ojedeji@gmail.com<mailto:seun.ojedeji@gmail.com>> wrote: Sent from my mobile Kindly excuse brevity and typos On Thu, 14 Nov 2019, 03:33 Justine Chew, <justine.chew@gmail.com<mailto:justine.chew@gmail.com>> wrote: It is an outright sale of an asset, the proceeds of which go toward "an endowment fund" for ISOC projects/activities. No revenue sharing is involved. SO: This actually is quite fuzzy, and I am not sure how this will be practically feasible. I am not sure what obligation will compel the new owner to adequately fund the endowment/ISOC since there is no revenue sharing agreements involved. Regards The announcement indicated that all projects and operations will continue as is under new ownership. With its policy on public/community benefit presumably driven and overseen by Ethos Capital's Stewardship Council - I wonder who they will put on this Council. PIR under Ethos Capital will lose its non-for-profit status, so there might be financial implication not to ISOC but possibly PIR's existing .org customers/registrants. We shall see. Justine ----- On Thu, 14 Nov 2019 at 10:21, Maureen Hilyard <maureen.hilyard@gmail.com<mailto:maureen.hilyard@gmail.com>> wrote: As Eduardo said there are lots of unknowns at present. Who knows? On Wed, 13 Nov 2019, 3:02 PM Alan Greenberg, <alan.greenberg@mcgill.ca<mailto:alan.greenberg@mcgill.ca>> wrote: Why will it have major implications on ISOC Chapters? Alan At 13/11/2019 02:52 PM, Maureen Hilyard wrote: I know for sure that this was not even hinted at during the last PIR Advisory Council meeting.. but it will have major implications for the ISOC chapters. What are they/ISOC thinking? Maureen On Wed, Nov 13, 2019 at 7:59 AM Marita Moll <mmoll@ca.inter.net<mailto:mmoll@ca.inter.net>> wrote: Had we known this was lurking in the background -- which it most certainly was at the time -- it might have been a different discussion. How much did ISOC know and when did they know it -- a question ISOC chapters might want to ask. Marita -------- Forwarded Message -------- Subject: ISOC sells PIR Date: Wed, 13 Nov 2019 17:38:29 +0000 From: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA><mailto:stephanie.perrin@MAIL.UTORONTO.CA> Reply-To: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA><mailto:stephanie.perrin@MAIL.UTORONTO.CA> To: NCSG-DISCUSS@LISTSERV.SYR.EDU<mailto:NCSG-DISCUSS@LISTSERV.SYR.EDU> I must say, this casts the decision to drop price caps for .org in a slightly different light. I will keep you posted as I learn more. https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acqui... Stephanie Perrin NCSG Chair _______________________________________________ CPWG mailing list CPWG@icann.org<mailto:CPWG@icann.org> https://mm.icann.org/mailman/listinfo/cpwg _______________________________________________ By submitting your personal data, you consent to the processing of your personal data for purposes of subscribing to this mailing list accordance with the ICANN Privacy Policy (https://www.icann.org/privacy/policy) and the website Terms of Service (https://www.icann.org/privacy/tos). 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