<div dir="ltr"><div class="gmail_default" style="font-size:small">Hi Reuben,</div><div class="gmail_default" style="font-size:small"><br></div><div class="gmail_default" style="font-size:small">If you study the Q&A sessions you will see the answer to this.</div><div class="gmail_default" style="font-size:small"><br></div><div class="gmail_default" style="font-size:small">Ethos perceive that by investing more capital in the business and adding services etc they can increase value and revenue by better serving their customers. This is their business.</div><div class="gmail_default" style="font-size:small"><br></div><div class="gmail_default" style="font-size:small">ISOC, on the other hand, to invest, would have to forgo the income that sustains it, and this is not their business,</div><div class="gmail_default" style="font-size:small"><br></div><div class="gmail_default" style="font-size:small">But, the over-riding issues are the conflicts of interest and diversification of the funding base.</div><div class="gmail_default" style="font-size:small"><br></div><div class="gmail_default" style="font-size:small">Joly</div><div class="gmail_default" style="font-size:small"><br></div><div class="gmail_default" style="font-size:small"><br></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Wed, Dec 4, 2019 at 12:54 PM Reuben Loewy via Chapter-delegates <<a href="mailto:chapter-delegates@elists.isoc.org">chapter-delegates@elists.isoc.org</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="auto">With all due respect, Gonzalo. <div><br></div><div>If PIR’s single-stream funding model was not “resilient”, “future proof”, and diversified, then one might legitimately ask why anyone would want to pay ISOC over $1 B to purchase it.</div><div><br></div><div>With regards,</div><div>Reuben</div><div><br></div><div>ISOC New York <br><div><br><div dir="ltr"><div style="direction:inherit"><br></div>Reuben Loewy<div><span style="font-size:13pt">Living Online Lab</span></div><div><div><div>The Curriculum for the Digital Era</div><div>- a registered 501(c)3 nonprofit</div></div></div><div><span style="background-color:rgba(255,255,255,0)"><a href="http://www.livingonlinelab.org" target="_blank">www.livingonlinelab.org</a></span></div><div><span style="background-color:rgba(255,255,255,0)">Tel: 609.947.3782</span></div><div><span style="background-color:rgba(255,255,255,0)"><br></span></div><div><span style="background-color:rgba(255,255,255,0)"><br></span></div><div style="direction:inherit"><span style="background-color:rgba(255,255,255,0)"><br></span></div><div><span style="background-color:rgba(255,255,255,0)"><br></span></div></div><div dir="ltr"><br><blockquote type="cite">On Dec 4, 2019, at 06:49, Gonzalo Camarillo via Chapter-delegates <<a href="mailto:chapter-delegates@elists.isoc.org" target="_blank">chapter-delegates@elists.isoc.org</a>> wrote:<br><br></blockquote></div><blockquote type="cite"><div dir="ltr">
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<p class="MsoNormal">Hi Enzo,<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">ISOC’s mission is too important to depend on a single source of revenue, no matter how solid the source currently may seem to be. Putting all your eggs in the same basket is not a good financial approach. Our job is to make sure that the
activities that support our mission are supported, in turn, by a *<b>resilient</b>* funding model. It is a way to future proof our mission.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Cheers,<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Gonzalo<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
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<p class="MsoNormal"><b>From:</b> Enzo Puliatti <<a href="mailto:epuliatti@itsyn.com" target="_blank">epuliatti@itsyn.com</a>> <br>
<b>Sent:</b> Wednesday, December 4, 2019 10:31<br>
<b>To:</b> Gonzalo Camarillo <<a href="mailto:gonzalo.camarillo@ericsson.com" target="_blank">gonzalo.camarillo@ericsson.com</a>><br>
<b>Cc:</b> <a href="mailto:chapter-delegates@elists.isoc.org" target="_blank">chapter-delegates@elists.isoc.org</a><br>
<b>Subject:</b> Re: [Chapter-delegates] FYI - new post - The Sale of PIR: The Internet Society Board Perspective<u></u><u></u></p>
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<p class="MsoNormal">Dear Gonzalo, <u></u><u></u></p>
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first of all, I would like to thank you all for the effort done in sharing your views with us and for answering our concerns. Thanks also for the blog that resume pretty well the issues discussed.<u></u><u></u></p>
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I would like to share my concern with a statement I have heard during the call that I also find stated in the blog: <u></u><u></u></p>
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“we will no longer be reliant on one single revenue stream, from one company, in one industry”.<br>
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Maybe it’s only me but this statement strikes me: we are those who have made it happen so far and if there is a problem with the single revenue stream coming from OUR industry, the one we have relied so far upon, means that there is a real problem we have to
face and fix. Being comfortable if such a problem exists but will not affect our revenue stream sounds more like a statement from the board of a company with a purely speculative approach aimed to maximise its revenues and profits.<br>
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Independently from the issue we are currently discussing, I would like to say that personally I feel quite happy in ISOC relying on a revenue stream coming straight from our industry and that in any case I personally cannot see this as a plus in favour of the
sale of the PIR. Even if it’s a financially sound approach sounds pretty bad to the ears of those thousands of activist that during all these years have worked as volunteer dedicating time and money to our cause.<br>
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Best regards,<u></u><u></u></p>
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<p class="MsoNormal"><u></u> <u></u></p>
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<p class="MsoNormal">Enzo Puliatti<u></u><u></u></p>
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<p class="MsoNormal">ISOC Italy<u></u><u></u></p>
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<p class="MsoNormal">On Wed, Dec 4, 2019 at 9:15 AM Gonzalo Camarillo via Chapter-delegates <<a href="mailto:chapter-delegates@elists.isoc.org" target="_blank">chapter-delegates@elists.isoc.org</a>> wrote:<u></u><u></u></p>
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<p class="MsoNormal">Hi,<br>
<br>
FYI: we have just published this post on behalf of the Board of Trustees:<br>
<a href="https://www.internetsociety.org/blog/2019/12/the-sale-of-pir-the-internet-society-board-perspective/" target="_blank">https://www.internetsociety.org/blog/2019/12/the-sale-of-pir-the-internet-society-board-perspective/</a><br>
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Cheers,<br>
<br>
Gonzalo<br>
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<span>_______________________________________________</span><br><span>As an Internet Society Chapter Officer you are automatically subscribed</span><br><span>to this list, which is regularly synchronized with the Internet Society Chapter Portal (AMS):</span><br><span><a href="https://admin.internetsociety.org/622619/User/Login" target="_blank">https://admin.internetsociety.org/622619/User/Login</a></span><br><span>View the Internet Society Code of Conduct: <a href="https://www.internetsociety.org/become-a-member/code-of-conduct/" target="_blank">https://www.internetsociety.org/become-a-member/code-of-conduct/</a></span><br></div></blockquote></div></div></div>_______________________________________________<br>
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</blockquote></div><br clear="all"><div><br></div>-- <br><div dir="ltr" class="gmail_signature"><div dir="ltr"><div>---------------------------------------------------------------<br><span>Joly MacFie <span title="Call with Google Voice">218 565 9365</span> Skype:punkcast</span><br>--------------------------------------------------------------<br>-</div></div></div>