Ethos Capitalacquired domains with the extension “.org” from the Internet Society. This acquisition allows the Internet Society to receive a large donation rather than worryabout the future of the .org domain. Because the Internet Society operates as a non-profit company. Public Interest Registry generated $101 million in revenue in 2018 and contributed nearly $50 million to the Internet Society. In 2017, it contributed $74 million to ISOC.
ICANN has removed all price controls on .org, making this deal even more valuable. Although The Internet Society does not want to raise prices, we can also foresee that Ethos Capital will try to maximize the value of the record when we consider to be a private equity firm.
The Internet Society made the following statement regarding the deal:
However, ethos capital’s goals are clearly different from the Internet Society. The latest report published by VeriSign tells us that there are 10 million areas active under .org. Jon Nevett, CEO of the Public Interest Registry,says the .org extension is open to everyone and provides a global platform to give ideas to organizations, associations, clubs, businesses and individuals.
For more than 30 years, .org has been building an open and secure environment where various communities can create a reliable online identity and share ideas freely. An open letter issued by PIR said it had no intention of increasing the price of the space. However, if the rate increases in the future, this could be a problem for nonprofits and other organizations based on low field prices.