• AGB clearly overlooked different business models in 2012-round • Revenue-generating or self-sustainable registry (profit or non-profit) • Cost-center registry (typical of brands, possibly causes) • Besides different financial goals, single-application evaluation overlooked the possibility of an applicant winning so many TLDs to the point of not being able to run them (gaming the system) • Rec. 8: “Applicants must be able to demonstrate their financial and organisational operational capability.” • Possible Language: “Applicants must be able to demonstrate their financial and organisational operational capability in tandem for all currently-owned and applied-for TLDs that would be part of a single registry family.” • Financial Evaluation would still be gating and be done prior to contention set resolution