from Hacker News

Private equity firm wants to buy .org for $1B. Berkeley-based coop:‘not so fast’

by rdhyee on 1/17/20, 1:40 AM with 4 comments

• by 8bitsrule on 1/17/20, 10:11 PM

  Woodcock:

  " We’re talking about Doctors Without Borders and the Red Cross. We’re talking about the IATA that does international air traffic control. Do we really want international flights grounded for three days a year so [Bain founder and U.S. Senator] Mitt Romney can make a few hundred million more?"

• by presumably on 1/17/20, 4:33 PM

  > In this particular cooperative, if we’re successful, the members are every .org registrant, which means 10 million members. We’d need to get five million and one of them to agree, to change the articles.

  Okay, so... what is their plan to get these five million .org registrants to “agree”?

  The article seems to be entirely fluff.

• by BitwiseFool on 1/17/20, 3:43 PM

  This is just pure rent-seeking by "Ethos Capital".