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David Teten

Email David@GoldNames.com
Region Asia and Pacific

PROFESSIONAL
Employer(s)
Founder and CEO, GoldNames, Inc.
(www.Goldnames.com)

QUALIFICATIONS
Statement addressing the candidates qualifications and experience specifically relevant to
   (a) ICANN's technical and administrative responsibilities, and
   (b) your leadership and policy-level roles.
I am Founder and CEO of GoldNames (www.Goldnames.com)), the world’s first investment bank for internet domain names.

GoldNames solves three customer problems: first, we help domain name holders to get cash for their names. Second, we help companies to market themselves effectively with high quality domain names. Third, we help people to brainstorm and register domain names. We have 45 employees.

We own tens of thousands of domain names for investment purposes. We are very careful not to trade in names which are trademark violations. Our team includes natives of 18 countries and alumni of 18 banks, including First Boston, Salomon Bros., Goldman Sachs, and Citibank. We are squarely in support of the rights of holders of domain names, who are holding names for investment purposes.

Among the other positions that I have held:
+ member of Bear Stearns' Technology/Defense Investment Banking Group
+ strategy consultant with Mars & Co
+ founder and head of computer-consultancy specializing in nonprofits. I built the company to 35 clients.

In addition, I have run my own advertising and apparel businesses, produced two cable TV shows, and helped build a Political Action Committee. I have also worked for Procter & Gamble, Foote Cone & Belding, and Vector Marketing (Cutco knives). I speak French and Hebrew, and have lived in Taiwan, France, Brazil, and many places in the USA.

Education:
+ MBA from Harvard Business School
+ BA in Economics and Psychology from Yale University

Please see www.teten.com for more information on my candidacy.

ICANN RELATED INTERESTS
ICANN-related interests, including:
   (a) Employment and consulting relationships
   (b) Ownership or investment interests in any ICANN-related businesses
   (c) Official positions in any ICANN-related businesses or organizations
a. GoldNames has an alliance with Register.com. We are affiliates of the registrars of the .cc, .tv, and .ws country-code TLDs. We are constantly discussing relationships with other internet companies.

b. In addition to my majority ownership of GoldNames, I own very small positions in certain private and public companies, primarily through mutual funds.

c. I am a member of the Middle East and North Africa Task Group of the ICANN Membership Implementation Task Force. (http://www.icann.org/at-large/mitf.htm).

BACKGROUND
Background information, personal statement, URL, or other information you would like posted in connection with your name on the ICANN website.

+++++ Policy Positions

+ My top priority is rapid implementation of technology permitting multilingual domain names and email addresses (Japanese, Chinese, Korean, etc.).

+ I am firmly opposed to cybersquatting, i.e., registering domains that only have value due to the trademark of a single company.

+ I am strongly in favor of a competitive market for name registration, in both the generic TLDs and the country TLDs. In addition, I am in favor of investigating creating a system of multiple, competitive root servers.

+ I believe in amending the current UDRP (Uniform Domain-Name Dispute-Resolution Policy); it is biased towards claimants, since they solely can choose their arbitrator.

+ I am strongly in favor of the continued tradability of domain names. The free market is a hyper-efficient mechanism for allocating desirable domain names.

(Brand name trading was an insignificant industry in the pre-internet world. If someone invented a process to make domain name trading insignificant without incurring high administrative costs, I would vote for it, because it would be in the interests of the global internet community. )

+ I support the introduction of many (i.e., thousands) of new gTLDs. I am opposed to ICANN’s plan to introduce just 5-10 new gTLDs, because it will merely replicate the current system’s problems. Upon launch of 5 new gTLDs, every major trademark holder will register hundreds of names, and speculators will register millions of names. These phenomena are caused by artificial scarcity, and would not occur if thousands of gTLDs existed.

I firmly believe that .com names will continue to retain their premium status as the “Park Avenue” of TLDs, and investors in those names will continue to see high resale values.

+++++ ICANN Structure

+ I believe that ICANN needs a medium-size, highly representative, board.

+ ICANN would benefit from a greater effort to make decisions based on votes, not consensus. “Consensus” is a vague concept that allows for someone to declare he sees consensus, when no consensus really exists.

+ ICANN also would benefit from a more diverse board, with members who represent the many interests of the entire internet community. I advocate providing small domain name holders with a formal constituency group.

+ ICANN would benefit from greater accountability, openness, and transparency, e.g., by ensuring that all meetings are open to the public, all board minutes are published rapidly, and that members can readily depose underperforming board members.

OFFICIAL STATUS
Status as an official of a national government or a multinational entity established by treaty or other agreement between national governments, such as an elected official or employee of a government or multinational entity.
I am not an official of any government or multinational intra-governmental entity, unless you think that my role with the ICANN Membership Implementation Task Force qualifies me to wear that hat.

My job is to work for you; please vote for me today!


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