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27 Feb 2008
posted at: 23:43 :: permanent link to this entry :: 0 comments Trackback link is http://www.jl.ly/ICANN/frontrunsuit.trackback 16 Feb 2008
posted at: 14:12 :: permanent link to this entry :: 1 comments Trackback link is http://www.jl.ly/Email/compliant.trackback
Last year I wrote two blog entries on the dire state of Tralliance, owner of the .travel registry, which was bailed out at the last minute by a large loan from the registry's controlling shareholder, Michael Egan. Since then they've taken some decisive steps on the road to irrelevance. Originally, they had strict rules about who was allowed to register, basically only members of a list of well known industry associations. As of December 21, they have new rules that seem to limit registrants to anyone who shows the faintest interest, with a preference to bulk registrations. (If you followed the history of .aero, the deja vú is intense.) In September, they sold their search.travel search engine for about $300K to a company controlled by Egan, stating they needed the cash to stay in business. Then, according to an SEC filing, Labigroup, another company controlled by Egan, has agreed to buy at least 25,000 .travel domains, producing over $250,000 of simulated revenue which looks an awful lot like taking money out of one pocket, waving it around, and then putting it back in one's other pocket, particularly since another SEC filing two weeks ago reveals that current owner theglobe.com is selling Tralliance to yet another LLC owned directly by Egan.posted at: 00:09 :: permanent link to this entry :: 1 comments Trackback link is http://www.jl.ly/ICANN/traveldrain.trackback 06 Feb 2008
posted at: 09:30 :: permanent link to this entry :: 1 comments Trackback link is http://www.jl.ly/ICANN/biztaste.trackback 03 Feb 2008
posted at: 21:35 :: permanent link to this entry :: 0 comments Trackback link is http://www.jl.ly/ICANN/tastebucks.trackback |
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