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Robbie:
Just to clear up one major misconception. We did not buyout anyone that was "crippled"... not a single company we bought was in any way crippled and no longer performing. I would have never bought it in that case. We only buy highly profitable companies. I really hope you will show up to the keynote in vegas Robbie, it will be interesting to discuss a few of these things with you if you are willing...
Regarding backroom deals... I did discuss various ways we could work together, but they were by far more than just getting our domains. I asked ICM for things that would have affected their whole business model and would have benefited the industry in general. But I can not really talk about this much because of the lawsuit. It will, I am sure, be discussed there so look out for the court transcripts. (I might talk about it a bit in my keynote in Vegas too, gotta verify how much I can before I do though)
In my opinion .XXX is unfair for us and any other company doing business online. I think it should not have been approved and I think it's even worse than all the new gTLDs that will be coming up next year. ANA and a lot of major brands seem to agree with us.
The decision to stop working with .XXX TLDs simply is a way to underline our opinion. Whoever wants to continue working with us, can always do so by using another domain as long as the site itself does not promote .XXX on it. So if iFriends wants to advertise on the tubes, they can do so using iFriends.com as long as that site does not mention iFriends.xxx anywhere.
We will not help people brand their .XXX domains to our 60 million visitors a day though and will not take traffic or ads from such domains either.
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"Think about it a little more and you'll agree with me, because you're smart and I'm right."
- Charlie Munger
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