Reply to post: Re: Shamelessness is the new black

Internet Society's Vint 'father of the 'net' Cerf dodges dot-org sell-off during public Q&A

Jellied Eel Silver badge

Re: Shamelessness is the new black

If you actually read the information posted recently by pir.org, you might get a less distorted view of what is actually happening.

Not really. So hot off PIR's press-

https://thenew.org/the-internet-society-public-interest-registry-a-new-era-of-opportunity/

This transaction aligns PIR with a strong, new strategic partner, Ethos Capital, that not only possesses a deep understanding of the intricacies of the domain industry, but also has the ideal mix of expertise, experience and shared values to further advance the goals of .ORG into the future.

Yey! So sounds like Ethos Capital is a well established entity that has a long track record that demonstrates corporate social responsibility along with solid financial performance of the assets under management.

Or it appeared out of the blue and has zero track record.

But wait, there's more!

Once the transaction is completed, PIR will continue to meet the highest standards of public transparency, accountability, and social performance in line with its longstanding purpose-driven mission, and will consider seeking B Corporation certification.

Pinky promise! So currently it's 'privatised' as a 501(c)(3) not-for-profit. B Coporation isn't an equivalent and has no real legal standing. That statement in itself should signal motive, ie replacing a regulated not-for-profit structure with B Corp. Maybe. The rest is just meaningless marketing bollocks, especially given the process thus far has been anything but transparent, accountable or socially responsible.

ps. On the plus side.. PIR can look forward to "Rapid sensorization of physical and biological infrastructures". Not sure if that means staff will be asset tagged and monitored.

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