[arin-discuss] [ppml] Counsel statement on Legacy assignments?

[Ted Mittelstaedt]

>-----Original Message-----
>From: Dean Anderson [mailto:dean at av8.com]
>Sent: Tuesday, October 09, 2007 6:24 PM
>To: Ted Mittelstaedt
>Cc: arin-discuss at arin.net; Keith W. Hare
>Subject: Re: [arin-discuss] [ppml] Counsel statement on Legacy
>assignments?
>
>
>On Tue, 9 Oct 2007, Ted Mittelstaedt wrote:
>>
>> I'm the one PAYING for the sandbox to be maintained, YOU are NOT.
>> Thus, it's MY sandbox.  I and the rest of my paying friends could
>> simply withdraw from the sandbox and create our own sandbox that
>> doesen't even recognize you at all if we felt like doing so.  You
>> would then keep your sandbox and figure out how to pay for it
>> yourself, with you and the rest of your non-paying friends.
>
>We pay in different ways. I paid in sweat and tears and risk. You pay in
>cash.
>

Legacy holder's sweat equity entitled them to get an advance start in
the business.  That is what sweat equity and risk gives you - is a leg up.
For the legacy holders that got that leg up and took advantage of it -
well all -I- can say, is that many of them are a LOT bigger and richer than
my
employer is, and will ever be.

My employer didn't take the same risk that the legacy holders took, and
so as a result, he will never be able to be as big or as rich as a legacy
holder that did that such a risk.  That is the price of being cautious.
Of course, on the down side, I'm sure a number of leg-up legacy holders
went banko and are no longer in existence.  That is why it was a risk.

But the time that being a legacy holder gives you the leg up is over.  It
is not my problem if a legacy holder that didn't take advantage of the
leg-up didn't do so - and is now sitting around, mooning for the good
old days and expecting the world to pay for him because a long time ago
he put some effort in when nobody else would.

Your sweat equity got you your advance start.  If you peeed it away by
doing nothing, then it's not our problem.

We all have our regrets.  Don't you think that if I had given it an ounce
of thought I would have registered book.com and a whole host of
other domain names way back in 1996?  Well I didn't.  And so today I'm not
sitting on a cool million.  But I'm not sitting around whining, expecting
the
rest of the Internet to give me free DNS registrations just because I
was out there registering my 1 or 2 domain names in 1996 before anyone
realized
how valuable they would be.

>
>Your claims aren't true; Legacy haven't received a free ride.  Legacy's
>_built_ the ride.
>

Legacy holders built the ride that WAS.

I'm paying for the ride that IS.

Ted