<html><head></head><body>
<div>
<div><div style="direction: ltr;">Brett - I’m afraid that over the years actual nonprofit domains are literally a small fraction of the domains that .org has on board. 10 million org domains, a few hundred thousand nonprofits.</div><div><br></div><div style="direction: ltr;">So co creators of value is unfortunately not an argument that will stand </div><div style="direction: ltr;"></div></div>
<div><br></div>
<div class="ms-outlook-ios-signature"><div style="direction: ltr;">--srs</div></div>
</div>
<br><br><br>
<div class="gmail_quote">On Tue, Dec 3, 2019 at 5:08 AM +0530, <span dir="ltr"><<a href="mailto:bzs@theworld.com" target="_blank">bzs@theworld.com</a>></span> wrote:<br>
<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div dir="3D"ltr"">
<pre>
It's not a science but the ~$50M/year operating income treated as a
bond returning 3% yields $1.5B. Discount that for risk and it sold at
about a 25% discount which is probably not unreasonable.
--
-Barry Shein
Software Tool & Die | bzs@TheWorld.com | http://www.TheWorld.com
Purveyors to the Trade | Voice: +1 617-STD-WRLD | 800-THE-WRLD
The World: Since 1989 | A Public Information Utility | *oo*
</pre>
</div>
</blockquote>
</div>
</body></html>