Another clue about Donuts’ plans.
At first I could only make an educated guess that Paul Stahura’s new venture, for which he recently raised $1 million, was about new top level domain names.
Then I got confirmation that the company was at least a domain name company thanks to a trademark filing.
Now we know for sure.
Donuts Inc. COO Richard Tindal just filed comments on the latest new top level domain name guidebook on behalf of the company.
That means TL Ventures and Austin Ventures are playing in the new top level domain name game — even if only with a small initial investment.
It’s only a small investment . . for now. According to the SEC filing:
Total Remaining to be Sold $78,940,000 USD
Though Paul was quoted saying that amount was wrong, that still doesnt mean the total is just $1mil. It could be much more.
@ Tag – it would make sense to only raise $1M before ICANN’s final approval