I find it hard to find sympathy for investors who are neither thinking the whole value proposition through, nor doing due diligence by evaluating the success rate of previous attempts. There are some companies getting involved that make Verisign look tiny. And it doesn't take long to see how easily the entire new industry will be disrupted before it even gets any steam. Think "Google Domains". As I've said before, I would have been a vociferous opponent of public money going towards any TLD application that would have claimed to serve me. Thankfully it seems that local politicians and entrepreneurs appear to be focused on actually adding value to the Internet rather than extracting value. Or they haven't bought the hype and just don't care about new TLDs -- which renders the same result. - Evan On 11 June 2012 10:59, Volker Greimann <vgreimann@key-systems.net> wrote:

No loans, but investment capitals, so there may be a lot of pension money and private savings invested in this, depending on the setup and financing...

Volker

...

...

So Paul Stahura, the former eNom founder, along with Richard Tindal and Jon Nevett have applied for 1/7th of the new gTLDs and raised $100 million in capital to do it? Are new gTLDs the next housing bubble? Naah, it's the next dot.com bubble. At least they're not taking out loans that will wreck the economy.

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On 11 June 2012 12:44, Joly MacFie <joly@punkcast.com> wrote:

I would think this is the old music industry approach. One or two monster hits can more than make up for all the misses.

Well, that's the only business model of the current domaining industry, so it's no surprise to see it extended from 2LDs to TLDs. But the stakes are higher and the payoff no more lucrative.