RealNames is going out of business. They deserve it. It was just a dumb scam to try and establish yet another Verisign-like monopoly on everybody else’s trademarks. And it was a “boil the ocean” business plan, one which required everybody on earth to go along with their stupid scheme. And Keith Teare’s public crybabying is really quite unprofessional, albeit fun to read.

Now if New.net would kindly just go away. Why anybody would pay actual money, the stuff that can be used to purchase valuable goods and services, for a domain name that is only visible to a fraction of the Internet is completely beyond my comprehension. Another scam hoping to prey on stupid businesses?

About the author.

I'm Joel Spolsky, co-founder of Trello and Fog Creek Software, and CEO of Stack Overflow. More about me.