[NCUC-DISCUSS] Reminder!!! Replenishment strategy on ICANN Reserve Fund at 17h00 UTC today

Thu Mar 1 19:11:29 CET 2018

Kris,

You are spreading misinformation and I don't think it's particularly helpful to anyone. There will be a recording posted of the webinar that just took place; it might be a good idea to watch it when you have a moment.

Thanks,

Ayden
‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
On 1 March 2018 7:08 PM, Kris Seeburn <seeburn.k at gmail.com> wrote:

> growth and travel and other areas which is pulling still more money needs review…what is the board proposing the rectify and get back to normal ops. 4.8 month of reserve is it still of being pulled into other areas. Sorry for that but that is also where the board also needs to look at its business model. I have gone through so much documentation that is a bit annoying.
>
> There are still too much “laissez allez” as we say in french. IANA transition ate up the reserve that is mainly on people, travel … IANA transition is still under its own ways but paid by ICANN where is the transition the RIRs also pay their bit to maintain iana as well. IPv6 has not really picked up even with the allocation etc.,
>
> Comments are good but has the board been able to provide us also with a strategy paper on how else that picking on the GEONAMES etc., they will make money. I bet even with geonames most og the GAC would block these as we know is already happening. In an acronym - You have the golden eggs but can’t rip the benefits of it.
>
> I am really interested in a working business model.
>
>> On Mar 1, 2018, at 21:54, Ayden Férdeline <icann at ferdeline.com> wrote:
>>
>> The answers to all of these questions can be found on the ICANN website.
>>
>> This has not been kept a secret; it has been common knowledge that the reserve fund is empty, there have been public comment opportunities on this, and the NCSG has responded to all of them, offering suggestions on how this could be rectified.
>>
>> The reserve fund is depleted because the organisation has grown rapidly in size and scale, while at the same time the domain name market has stagnated. In addition the reserve fund was used to fund the IANA stewardship transition.
>>
>> Ayden
>>
>> ‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
>> On 1 March 2018 6:43 PM, Kris Seeburn <seeburn.k at gmail.com> wrote:
>>
>>> All this is because we don’t have a clear process …. when was the alarm raised. The reserve fund is too less for ICANN. My doubts if operational doesn’t get in there. ICANN needs to keep an eye on the reserve and its operational expenses. How and for what purpose the reserve has gone to so much?
>>>
>>> Raise in max 5 years i would like to see that with expansion and the loads being paid to executives…..do we need all these staff as much as do we need all these staff to travel?
>>>
>>> Which projects etc., is eating into the reserves?
>>>
>>>> On Mar 1, 2018, at 21:36, Ayden Férdeline <icann at ferdeline.com> wrote:
>>>>
>>>> I can sum up the call rather quickly. The reserve fund is empty and only covers 4.8 months of operating expenses, so has to be replenished. We need $68m.
>>>>
>>>> Where do we get the money from? The proposed strategy is as follows:
>>>>
>>>> - Raise it within five years maximum.
>>>> - ICANN org operational savings can generate $15m over five years.
>>>> - Raid the new gTLD auction proceeds and take a minimum $36m.
>>>> - Remaining shortfall can be funded through EITHER additional funds from fees imposed on the contracted parties OR additional auction proceeds allocation.
>>>> - Current investment strategy generates 6% returns per annum.
>>>>
>>>> — Ayden
>>>>
>>>> ‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
>>>> On 1 March 2018 4:55 PM, thatomfikwe <thatomfikwe at gmail.com> wrote:
>>>>
>>>>> Thanks Daniel.
>>>>>
>>>>> Sent from my Samsung Galaxy smartphone.
>>>>> -------- Original message --------
>>>>> From: DANIEL NANGHAKA <dndannang at gmail.com>
>>>>> Date: 01/03/2018 13:19 (GMT+02:00)
>>>>> To: thatomfikwe <thatomfikwe at gmail.com>
>>>>> Cc: NCUC-discuss <ncuc-discuss at lists.ncuc.org>
>>>>> Subject: Re: [NCUC-DISCUSS] Reminder!!! Replenishment strategy on ICANN Reserve Fund at 17h00 UTC today
>>>>>
>>>>> Am available, I will make a draft.
>>>>>
>>>>> On Thursday, March 1, 2018, thatomfikwe <thatomfikwe at gmail.com> wrote:
>>>>>
>>>>>> Webinar Details and How to Attend
>>>>>>
>>>>>> Date: 1 March 2018
>>>>>>
>>>>>> Time 17:00 UTC
>>>>>>
>>>>>> To participate please access the Remote Participation:
>>>>>>
>>>>>> https://participate.icann.org/planning
>>>>>>
>>>>>> If anyone want to volunteer to draft a summary of the webinar, please come forward so that we can share the experience with the wider community thanks.
>>>>>>
>>>>>> Looking forward to seeing you in the call.
>>>>>>
>>>>>> Thato Mfikwe.
>>>>>>
>>>>>> Sent from my Samsung Galaxy smartphone.
>>>>>
>>>>> --
>>>>>
>>>>> Regards
>>>>> Nanghaka Daniel K.
>>>>> Executive Director - ILICIT Africa / Chair - FOSSFA / Community Lead - ISOC Uganda Chapter / Geo4Africa Lead / Organising Team - FOSS4G2018
>>>>> Mobile +256 772 898298 (Uganda)
>>>>> Skype: daniel.nanghaka
>>>>>
>>>>> ----------------------------------------- "Working for Africa" -----------------------------------------
>>>>
>>>> _______________________________________________
>>>> Ncuc-discuss mailing list
>>>> Ncuc-discuss at lists.ncuc.org
>>>> https://lists.ncuc.org/cgi-bin/mailman/listinfo/ncuc-discuss
>>>
>>> Kris Seeburn
>>> seeburn.k at gmail.com
>>>
>>> - www.linkedin.com/in/kseeburn/
>>>
>>> "Life is a Beach, it all depends at how you look at it"
>>>
>>> <KeepItOn_Social_animated.gif>
>
> Kris Seeburn
> seeburn.k at gmail.com
>
> - www.linkedin.com/in/kseeburn/
>
> "Life is a Beach, it all depends at how you look at it"
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