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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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Former
ICANN Staffer Says Organization's CEO Rod Beckstrom was
Fired + Those Seeking Web-Based Business Funding Invited
to Apply for T.R.A.F.F.I.C. Test Track
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Late
Tuesday afternoon
(August
16, 2011) ICANN CEO Rod Beckstrom
announced in a Twitter post that he would
be leaving the organization when his contract
expires in July 2012. A formal press
release soon followed and was posted
on the ICANN website. While Beckstrom said in
his tweet, "I have decided to wrap
up my service at ICANN July 2012," a
well-known former ICANN staffer says that is not
the case.
Kieren
McCarthy, a professional journalist who
served as ICANN's General Manager of Public
Participation until leaving that post in late
2009, published a detailed blog post titled
"ICANN
"Fires Its CEO" at Dot-Nxt.com
after Beckstrom announced his departure.
McCarthy is now the producer of the .nxt
conference devoted to providing
information on the opportunities in new gTLDs
that ICANN will begin accepting applications for
in 2012. The next edition of that event will be
held in San Francisco next week, running
August 24-26.
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ICANN
CEO Rod Beckstrom
will step down in July 2012 |
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Regarding
the impending end of Beckstrtom's tenure,
McCarthy wrote, "Behind
the pronouncements lies a different story.
It is well known in ICANN circles that there has
been significant concern over Beckstrom’s
performance for some time. And we understand
that Beckstrom’s “decision” was made
for him at a secret Board meeting earlier
this month." McCarthy goes on to detail
issues that he said led to a board decision not
to retain Beckstrom when his current contact
expires. On the flip side, McCarthy also noted
the positive things Beckstrom has done that have
earned him supporters that have a considerably
different view than those of Beckstrom's
detractors. It's a very
interesting read for anyone
interested in the inner workings of ICANN.
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One other
note today - people seeking funding
for domain related ventures are
being invited to apply for a spot in the
next edition of T.R.A.F.F.I.C.
Test Track - a session with
potential investors that will be held on
October 17, 2011, during the T.R.A.F.F.I.C.
Ft. Lauderdale Beach
conference that will be running at the
oceanfront Ritz Carlton Hotel October
16-19.
In an email
to the T.R.A.F.F.I.C. mailing list,
organizers wrote, "With a panel
of well-known (and well-off) Investors,
both in and out of the Domain Industry,
this year's |
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presentations
should meet with substantial success.
Each Entrepreneur will have the
opportunity to make a 10-minute pitch
to the panel, and if the ideas and
numbers work, deals will be made! Anyone
who has a concept, preferably, but not
necessarily developed, that requires
financing to make it come to fruition,
is entitled to make their pitch and try
to hit a home run." |
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The
invitation concluded, "If you
believe that your project will qualify, send
us a 50-word paragraph of
your concept, the amount of funding that
you are seeking, how the funding will be
used, and the percentage of your
business that you are willing to give to
an investor to make it happen.
As there are only 5 pitches that can be
made in the time allotted,
T.R.A.F.F.I.C. will determine which
entrepreneurs have made the cut and will
inform the participants on or before October
1, 2011. There is no form to fill
out. Just tell us who you are and what
you are looking for. Our decision as to
who will be making their pitch to the
Investors is final." |
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(Posted August
17, 2011)
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all current Lowdown posts - Go
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Lowdown, so please email [email protected]
with any interesting information you might have. If possible,
include the source of your information so we can check it out (for
example a URL if you read it in a forum or on a site
elsewhere).
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