I couldn't agree with what Joel said about RealNames more. I can remember the first time I met someone from the company, at an Internet Advertising conference in New York, I couldn't believe that this was actually something that a company was doing. The fact that they spent $100 million trying to replace the existing Domain name system with a proprietary pay as you go one of their own serves them right. I can only imagine how many interesting businesses with real useful products could have been created with that money.
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