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Gerrit Eicker 06:54 on 10. June 2010 Permalink
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  Gerrit Eicker 07:09 on 10. June 2010 Permalink | Reply

  pC: “Linden Lab executives have lamented for several months now that Second Life isn’t interconnected enough with other sites on the web, saying it is too difficult to share actions on Second Life on third-party sites. In February, the company bought up online avatar community Avatars United, as part of an effort to change that. – The company’s financial state isn’t known. Linden Lab has raised about $19 million in funding but hasn’t raised outside cash since 2006. At least two of its backers have sold their stakes; one unnamed investor sold its holdings to late-stage investment firm Stratim Capital a year ago, while Catamount Ventures sold its shares in November 2007.”

  RWW: “In previous coverage, Tom Hale, Chief Product Officer for Linden Lab, said user-to-user transactions in the immersive world spiked 30% over last year to $160 million, breaking all previous company records. Clearly this was not enough for Linden to feel comfortable with the future. Its assertion that it is restructuring to ‘generate efficiencies’ (?) doesn’t really answer the question of why.”

  Massively: “It’s going to be an interesting month at Linden Lab, certainly, and this week especially. Likely, we’ll know more in a few days. It could wind up as a windfall for competitor businesses as well, as a number of exceptionally talented employees appear to be among the cull.”