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    Highlights of the ICANNWatch Archive
    (June 1999 - March 2001)


     
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    An Unfinished Budget | Log in/Create an Account | Top | 4 comments | Search Discussion
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    $15million!
    by jimrutt on Sunday August 22 2004, @09:05AM (#14063)
    User #3264 Info

    sigh...

    one of the major strategic goals of the contracts I negotiated between Network Solutions and ICANN was to keep ICANN's source of revenues under control. I will say that the Department of Commerce was also supportive of this.

    The original 1999 contracts would make it difficult for ICANN's budget to exceed $5 or $6 million... which was certainly more than enough for an organization dedicated to a narrowly defined task of co-ordinating a specific set of narrow technical issues.

    Choking off the cash was the most obvious way to keep ICANN from taking the natural path of bureaucracies to grow into all unoccupied adjacent spaces without limits.

    Alas, VeriSign gave up on the principle of cash constriction in the 2001 amendments to the contracts and a $15million budget and an expanding octopus (fortunately, so far an incompetent one) is the result.
    ===================== been there, done that
    [ Reply to This | Parent ]


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