Twitter.me domain squatter will get piece of that $15 million funding round
ICANN opened up the new top-level domain .me today, which caught Twitter cofounder Evan Williams unawares:
Wonder who bought twitter.me. We were not on the ball.
If the guy who bought Twitter.me doesn't get some cash from the deal, Twitter's lawyers will, as they pursue a costly, bureaucratic trademark complaint. Either way, looks like some of that $15 million round of venture capital just disappeared from the stash. Which serves as a friendly reminder to wantrepreneurs: Chase the squatters away from your brand, lest they take up residence and demand walking-away money.