RE: [registrars] knowing when to fold 'em

[Elmar Knipp <Elmar.Knipp@xxxxxxxxxxx>]

On Fri, 15 Oct 2004, Paul Goldstone wrote:

> That's true, Go Daddy is getting close too - good for you!  Wow. :)  I 
> didn't think it was anyone's idea but ICANN's.  However, I don't agree 
> with it because after a registrar reaches $2MM, the remaining registrars 
> will pay for their portion of ICANN expenses.
Hi Paul,

I also was puzzled to read this section about the cap in the latest 
version of the budget. I can only assume that this is a kind of 
"forgiveness" for large registrars?!
Bhavin, can you please clarify this issue? With no background knowledge I 
am against this $2MM cap. But perhaps there are arguments, which will 
change my opinion.
Best regards,
Elmar