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There's something I don't quite get about the 301works idea - don't they need the domain in order to do anything?

Let's say I run a shortener, and it's quite popular. For whatever reason, it goes bankrupt. I can give all the redirect info to 301works, but unless I also give them the domain then what's accomplished? A hijacker could still buy the domain and send all the shortened links out there to his AdWords page. 301works would know that /hjk87 goes to cnn.com, but when they hit a link to shortener.com/hjk87 it's still hijacked by the guy who controls the domain, no?

Or is the premise that if I have to terminate my service, I give both the data and the domain to 301works - in which case how is it different from just saying "give us what small assets you have left, now that you've shit down your service"?




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