Donuts: Difference between revisions

Revision as of 02:58, 5 October 2012


Type:	Privately held
Industry:	Internet
Founded:	2010
Founder(s):	Paul Stahura Jonathon Nevett
Headquarters:	1720 205th Place NE Sammamish, WA 98074
Country:	USA
Website:	donuts.co
Key People
Paul Stahura, CEO Jonathon Nevett, EVP Daniel Schindler Executive Officer Richard Tindal Mason Cole, VP of Communications

Donuts is a start-up company that was created to apply and run new gTLDs as made possible by ICANN's gTLD expansion program; it was co-founded by Paul Stahura, Jonathon Nevett, Richard Tindal, and Daniel Schindler. In April 2011 the company was in stealth mode and raising capital; based on the company's filing with the Securities and Exchange Commission (SEC), Donuts raised $1 million equity financing.^[1] Since then it has submitted 307 gTLD Applications and secured some $100 million in financing. The company's headquarters is located in Bellevue, Washington.

In September, 2012, Donuts was ranked #14 in The Walls Street Journal's Top 50 Start-Ups for 2012 - it was also the newest start-up on the list.^[2]

New gTLD Applications

On June 5, 2012, Donuts announced that it submitted applications for 307 generic top level domain names (gTLDs), including IDN TLDs, and secured $100 million in capital from multi-billion dollar private equity and venture funds.^[3]

According to Mr. Schindler, the company originally came up with a list of 3,000 prospective domain names. He said, "We made a long list of dictionary terms, in multiple languages and character sets. We created our own proprietary way of valuing the [gTLDs], and that helped us narrow it down. But 307 is still a lot, obviously."^[4]

At one point, an article from Bloomberg reported that the company plans to apply for 10 gTLDs. ^[5] Mason Cole, the company's Vice President of Communications and industry relations explained that the reporter from Bloomberg misunderstood or had miscommunication with Stahura. He said that at the time of the interview, the exact number of the gTLD's to be applied for hadn't been finalized. Mr. Cole also said that the company is well prepared to operate all the 307 gTLDs.^[6]

Donuts signed a strategic partnership with Demand Media in pursuit of certain gTLDs. According to a press statement, under the agreement, Demand Media has the right to acquire some of the approved gTLDs applied for by Donuts.^[7] Furthermore, Demand Media's wholly owned subsidiary, Demand Media Europe Limited, will serve as the back-end registry service provider for Donuts.^[8]

In terms of intellectual property rights protection, the company said that it created rights protection mechanisms for new gTLDs and it will implement an open Internet philosophy. According to Stahura, "The Internet is an engine of information, ideas and commerce, and one that’s not restrictive unnecessarily. Donuts intends to preserve that openness for all users, not operate a ‘by invitation only’ section of the Internet."^[9] This statement can be seen to reference the plans of other large portfolio applicants such as Google and Amazon, that are not only applying for brand TLDs for exclusive corporate use, but are also applying for generic terms with no plans to offer public registration.

Donuts Team

The management team of the company include:^[10]

Paul Stahura, Co-founder and CEO
Richard Tindal, Co-founder and COO
Jonathon Nevett, Co-Founder and EVP, Corporate Affairs
Daniel Schindler, Co-Founder and EVP Sales and Marketing
Mason Cole, Vice-president of Communications and Industry Relations
Kevin Wilson, Chief Financial Officer
Alvaro Alvarez, Vice President and General Counsel

Board of Directors

Paul Stahura, Donuts Inc.
Chris Pacitti, Austin Ventures
Robert Verratti, TL Ventures
Brian Jacobs, Emergence Capital Partners
Thomas Ball, Austin Ventures
Jonathon Nevett, Donuts Inc.

Investors

The company's investors include:^[11]

Austin Ventures
Adams Street Partners
Emergence Capital Partners
TL Ventures
Generation Partners
Stahurricane (Paul Stahura’s investment fund)

Videos

Mason Cole, Dontus' VP of Communications and Industry Relations, was interviewed at ICANN 44 in Prague:

<videoflash>ad8PwcqMn1A</videoflash>

References

[1] Former Demand Media exec Paul Stahura emerges at stealthy Donuts Inc.

[2] Interactive, Online.WSJ.com

[3] Donuts raises $100 million, applies for 307 new TLDs

[4] 'Donuts' startup lands $100 million for dot-brand domains

[5] Domain Nuts

[6] A tasty conversation with Donuts, which just applied for 307 TLDs

[7] Demand Media to Participate in Historic Expansion of Generic Top Level Web Domain Name Extensions

[8] Donuts Launches Domain Namespace with 307 gTLD Applications, More than 100 Million in Funding

[9] Donuts applies for 307 (yes, 307) gTLDs

[10] The Donuts Team

[11] Donuts Launches Domain Namespace with 307 gTLD Applications, More than 100 Million in Funding

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@@ Line 36: / Line 36: @@
 [http://ir.demandmedia.com/phoenix.zhtml?c=215358&p=irol-newsArticle&ID=1704010&highlight= Demand Media to Participate in Historic Expansion of Generic Top Level Web Domain Name Extensions]</ref> Furthermore, [[Demand Media]]'s wholly owned subsidiary, Demand Media Europe Limited, will serve as the back-end registry service provider for Donuts.<ref>[http://donuts.co/images/stories/donuts_launch_release.pdf Donuts Launches Domain Namespace with 307 gTLD Applications, More than 100 Million in Funding]</ref>
-In terms of [[Intellectual Property|intellectual property]] rights protection, the company said that it created rights protection mechanisms for new gTLDs and it will implement an open Internet philosophy. According to Stahura, "The Internet is an engine of information, ideas and commerce, and one that’s not restrictive unnecessarily. Donuts intends to preserve that openness for all users, not operate a ‘by invitation only’ section of the Internet."<ref>[http://domainincite.com/9227-donuts-applies-for-307-yes-307-gtlds Donuts applies for 307 (yes, 307) gTLDs]</ref>
+In terms of [[Intellectual Property|intellectual property]] rights protection, the company said that it created rights protection mechanisms for new gTLDs and it will implement an open Internet philosophy. According to Stahura, "The Internet is an engine of information, ideas and commerce, and one that’s not restrictive unnecessarily. Donuts intends to preserve that openness for all users, not operate a ‘by invitation only’ section of the Internet."<ref>[http://domainincite.com/9227-donuts-applies-for-307-yes-307-gtlds Donuts applies for 307 (yes, 307) gTLDs]</ref> This statement can be seen to reference the plans of other large portfolio applicants such as [[Google]] and [[Amazon]], that are not only applying for [[brand TLD]]s for exclusive corporate use, but are also applying for generic terms with no plans to offer public registration.
 ==Donuts Team==