Nevett completes co-founder exodus from Donuts.
Jon Nevett, one of four co-founders of top level domain name Donuts, has stepped down. He was the last remaining founder in a full-time role at the company. He will remain an advisor to the company.
Nevett ran policy for the company and helped it navigate the new top level domain application, objection and contention set settlement process.
Abry Partners acquired Donuts last month, creating a liquidity event for some shareholders. Since then, the company announced that it hired Akram Atallah from ICANN to be its new CEO. I expect there will be some more management shifts at the company in the coming months.
In the case of Nevett, he’s spent the last eight years handling policy for the company. He’s been working on new top level domains for about a decade.
Should he choose to stay in the domain industry, there are plenty of domain companies in his backyard in the Washington D.C. area.
Tripeee says
take the money (and donuts) and run
Taylor says
We all knew this was going to happen, hype it, then sell it, then run. Easy as 1 2 3
Snoopy says
Given volumes were 10% of expectations I doubt the founders did well. They should release the sale price.
R P says
The “not com” revolution that wasnt. Whoever tries to get in front of legacy .com, cc tlds,.org or even .net gets steamrolled. Been happening since RealNames.
Consumers predicate consumer behavior, not corporations. If it’s not broken why fix it.
James Kite says
It wasn’t broken, but that doesn’t mean people shouldn’t tweak it.
Jovenet Consulting says
Donuts is the only multiple registry to have had its sales volumes to increase since January 2018: https://www.jovenet.consulting/new-gtld-reports/multiple-registries. I leave that here.
bladel says
Congratulations and Farewell, Jon!
Looking forward to your next venture, and hope you stick around this wild and amazing industry.