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Lindens are gonna buy back telehub land at L$10/m -- Fair?

Cristiano Midnight
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12-30-2005 12:31
From: Chip Midnight
Just assume that is their stance. If at some point you benefit from them going the extra mile, consider it a bonus. Problem solved :)


It's just frustrating for those who they won't even meet half way to help to have them then turn around and go the extra mile for someone else.
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Jonquille Noir
Lemon Fresh
Join date: 17 Jan 2004
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12-30-2005 12:31
From: Infinite Somme
Just a half a layer of skin?


My skin is plenty thick, thanks. But when someone claims to be giving an opinion on an issue, and they're actually just being a condescending prick to anyone who has a different opinion, I'll call them on it.
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TalisDro Molinari
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12-30-2005 12:35
From: Chip Midnight
Just assume that is their stance. If at some point you benefit from them going the extra mile, consider it a bonus. Problem solved :)



But um, problem is. They don't have a stance on HOW they do business. Which is something they need to solidify if those new investors are going to stick around for long.
Cristiano Midnight
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12-30-2005 12:35
From: TalisDro Molinari
Yes, but Coco. The same exact thing could be said in regards to the avatar mapping thing that was mentioned earlier in this thread. An intentional change that effected profitability. As far as them marketing those sims as telehub sims. Well, at the time they were. So, thats a fair assessment of what they are. What I don't recall though, is anywhere in those Hub Sales Linden Labs putting a disclaimer stating, 'Hey. Buy this land for $X US dollars, and you can in turn sell it for Z% profit margin.' See, that would be a problem. But don't recall that being the case. And well, thats part of RL land sales. Disclosure is required for known defects of said property. Not for things around the property that are not part of the transaction. LL did absolutely nothing to the property, nor did they change it. Last I knew, Telehubs were Linden owned. The parcel they were on was NOT part of the auctioned land.

So really, what you're looking at here is, say, Disney selling off a strip of land in Orlando. People pay the premium from Disney, because of the location. Then, month or two down the road Disney decides to close down. So, what. Going to throw a fit at Disney for reducing your property value?


THis excellent post deserves highlighting.
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Cocoanut Koala
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12-30-2005 12:38
From: TalisDro Molinari
Yes, but Coco. The same exact thing could be said in regards to the avatar mapping thing that was mentioned earlier in this thread. An intentional change that effected profitability. As far as them marketing those sims as telehub sims. Well, at the time they were. So, thats a fair assessment of what they are. What I don't recall though, is anywhere in those Hub Sales Linden Labs putting a disclaimer stating, 'Hey. Buy this land for $X US dollars, and you can in turn sell it for Z% profit margin.' See, that would be a problem. But don't recall that being the case. And well, thats part of RL land sales. Disclosure is required for known defects of said property. Not for things around the property that are not part of the transaction. LL did absolutely nothing to the property, nor did they change it. Last I knew, Telehubs were Linden owned. The parcel they were on was NOT part of the auctioned land.

So really, what you're looking at here is, say, Disney selling off a strip of land in Orlando. People pay the premium from Disney, because of the location. Then, month or two down the road Disney decides to close down. So, what. Going to throw a fit at Disney for reducing your property value?

Yes, I agree the same thing could be said about that avatar mapping thing, kind of. That's what I meant about it's not black and white.

But, since you bring it up, the avatar mapping thing - I ran that through my thought processes to its end and came up with: It's different because all that was required was more work to change the clothes already made, or make new ones, which would have been done anyway. On the other hand, it takes time to make those changes, and time is money, too. Still, they didn't just pull the whole rug out from under it. Weak, I know, and thus not black and white, but it WAS somewhat different.

Then there's the ROAM thing and the Taxi thing. Again, it is kinda different, but weak, I know.

As for content loss in bugs and whatnot, I don't think we can expect reparations for that, really, since there is no way of telling who lost what, and that's NOT weak.

Still, I think if the Lindens are going to do something that pulls the rug out of people's actual investments, then better they err on the side of making reparations each time they change the game in such a way that it costs real people real money.

I don't think it's analogous to Disney at all. This whole environment IS Disney. It would be more akin, to me, as if Disney sold all of its whole Disneyland to individuals.

And they said, "OK, now here is where we are putting the refreshment areas, so if you get a piece near that, you will be getting near the community areas, and that will be good, as we hope the refreshments areas will be the meeting areas for everybody."

Then - after that had been going on for a long time, they said, "Well, we've decided to move the refreshment areas." In other words, this was in their control (unlike bugs), and a conscious decision they made.

In which case, I think it would behoove Disney to then say, "but for those of you who paid extra to take advantage of the refreshments areas we set up for you, and hadn't lived there long enough to get any benefit from it, well, we'll make it up for you this way."

That to me is completely different from bugs and lost inventory that occured at random throughout disneyland. And it's somewhat (but not entirely different) from changes in avatar maps. And its even less different, I think, from damages to ROAM or taxis. Yet - even that is different, cause people didn't actually pay the Lindens before they set up their ROAM or taxi business, or pay them on the basis of what the Lindens had told them about how they had arranged Disneyland. They did those businesses all by themselves.

In the case of the land, people bought it from LL thinking one thing - then LL changed the rules, meaning they had wasted some of their money. So I think reparations for that are in order.

Not real articulate, I know, but I was just trying to run with the Disney analogy, Talis, and to explain that I had thought of those other situations as well.

coco
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Chip Midnight
ate my baby!
Join date: 1 May 2003
Posts: 10,231
12-30-2005 12:38
From: Cristiano Midnight
It's just frustrating for those who they won't even meet half way to help to have them then turn around and go the extra mile for someone else.


I guess that's the part I don't understand. It's the "what about meeeee!" attitude I was talking about earlier. If a problem comes up and I address it with LL, they make a decision and I accept it and get on with my life. Someone else's situation months later really doesn't apply unless I still consider my issue open ended. But it isn't really since it was already discussed and a decision made at the time. We can't honestly expect them to retroactively address every similar situation any time they make a decision about something. That's simply asking too much. Maybe next time if I have a similar situation I'll get a more favorable outcome, or maybe not. Either way I'll likely accept it and go on with my life.
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Infinite Somme
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Join date: 4 Dec 2005
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12-30-2005 12:40
From: Cristiano Midnight
If protesting about how Linden Lab has consistently treated its customers brings about any kind of change at all, then it is worthwhile. Enough people have been repeatedly damaged financially without any recourse that really this issue is just an impetus for fairer treatment and protections. It is not to undo the land payments, which will continue forward. It is to bring recognition to the fact that many many people have taken risks and been harmed, and that singling out one group of people to shield from that just adds insult to injury.


To what end? Are you trying to shame LL?
TalisDro Molinari
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Join date: 6 Nov 2004
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In reply to Coco's latest, cause it's longer than I want to quote!
12-30-2005 12:44
Well said Coco. But allow me to step the parallel up a notch. You compare it to the refreshment area and such. Alright. Well, lets make a more exact parallel. Instead of selling out those spots to interested vendors. They did what companies tend to do with contractors. They bidded it out. And whoever came in with the best bid, won that spot. Linden Labs, (aka Disney here heh) didn't say, ok. You can have this spot for X amount. They said, here's this spot, who wants it. And then people fought out the bids.

So, in technicality, it wasn't Linden Labs calling for the resulting price. It was consumer based. And, well. They lost on this one heh. But whats the saying? Buyer Beware?
Cocoanut Koala
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12-30-2005 13:04
From: TalisDro Molinari
Well said Coco. But allow me to step the parallel up a notch. You compare it to the refreshment area and such. Alright. Well, lets make a more exact parallel. Instead of selling out those spots to interested vendors. They did what companies tend to do with contractors. They bidded it out. And whoever came in with the best bid, won that spot. Linden Labs, (aka Disney here heh) didn't say, ok. You can have this spot for X amount. They said, here's this spot, who wants it. And then people fought out the bids.

So, in technicality, it wasn't Linden Labs calling for the resulting price. It was consumer based. And, well. They lost on this one heh. But whats the saying? Buyer Beware?

Yes, I think it was more like bidding it out, not selling them for a price.

So technically, no, the Lindens didn't call for the resulting price. (Though so far in this thread, I've been unable to determine whether or not they set a higher start bid for telehub lands than for other lands.)

But the point is, they pulled the rug out on the whole deal. Changed the rules of the game and the expectations they had themselves created, after people had already spent their money based on those expectations.

coco
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TalisDro Molinari
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12-30-2005 13:09
From: Cocoanut Koala
Yes, I think it was more like bidding it out, not selling them for a price.

So technically, no, the Lindens didn't call for the resulting price. (Though so far in this thread, I've been unable to determine whether or not they set a higher start bid for telehub lands than for other lands.)

But the point is, they pulled the rug out on the whole deal. Changed the rules of the game and the expectations they had themselves created, after people had already spent their money based on those expectations.

coco




Agreed fully there. Just my issue mostly stems from the fact that this is yet another of their lovely LL brand bandaids. If they had come up with something that was beneficial to more than a handful of high spenders, could probabally work with that.
Cocoanut Koala
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12-30-2005 13:16
Well, I hope this is beneficial to those smaller players, the ones who got on the forums to say they just had spent their life savings for telehub land, lol.

But I haven't been able to tell, so far, if this just applies to people who bought off auction, or does it apply to everyone who bought telehub land within the limitations given, from anyone?

I think it does apply to those small buyers, and I think it should. In any case, it can't be too many people who will benefit from this buy back.

Also - it would only benefit those who paid $10 or less in the first place. If you paid more than $10, you would just be selling it at a loss, though you could maybe then get more land for less elsewhere, so that would still be good.

coco
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TalisDro Molinari
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12-30-2005 13:22
From: Cocoanut Koala
Well, I hope this is beneficial to those smaller players, the ones who got on the forums to say they just had spent their life savings for telehub land, lol.

But I haven't been able to tell, so far, if this just applies to people who bought off auction, or does it apply to everyone who bought telehub land within the limitations given, from anyone?

I think it does apply to those small buyers, and I think it should. In any case, it can't be too many people who will benefit from this buy back.

Also - it would only benefit those who paid $10 or less in the first place. If you paid more than $10, you would just be selling it at a loss, though you could maybe then get more land for less elsewhere, so that would still be good.

coco



Yes, its for anyone who purchased. Doesn't matter if it was at Auction, or from someone in SL. But you hit the key to it. Just about the only way Telehub land went at or below 10/meter was if it was purchased at Auction. Anyone else would take a loss on reselling via the buy back. As for the ones who bought it at auction. Vast majority of them did so with plans of parceling off and reselling. So, they at least break even on the deal and get to tier down as well instead of holding it til it sells for little or no profit.
Nolan Nash
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Join date: 15 May 2003
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12-30-2005 13:40
From: Chip Midnight
I guess that's the part I don't understand. It's the "what about meeeee!" attitude I was talking about earlier.

But aren't these reparations a response to "what about me?" type rhetoric in the first place?
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Chip Midnight
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12-30-2005 13:44
From: Nolan Nash
But aren't these reparations a response to "what about me?" type rhetoric in the first place?


Probably not to the degree people are assuming it is, but even if that's the case it doesn't mean I intend to follow suit or that I can find a constructive reason to care.
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Cocoanut Koala
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12-30-2005 13:44
From: TalisDro Molinari
Yes, its for anyone who purchased. Doesn't matter if it was at Auction, or from someone in SL. But you hit the key to it. Just about the only way Telehub land went at or below 10/meter was if it was purchased at Auction. Anyone else would take a loss on reselling via the buy back. As for the ones who bought it at auction. Vast majority of them did so with plans of parceling off and reselling. So, they at least break even on the deal and get to tier down as well instead of holding it til it sells for little or no profit.

That's what I was beginning to suspect.

coco
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Osprey Therian
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12-30-2005 13:55
This must mean LL wants to have larger-sized Infohubs with more room for cool stuff - I'm in favor of that.
Nolan Nash
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12-30-2005 13:55
From: Chip Midnight
Probably not to the degree people are assuming it is, but even if that's the case it doesn't mean I intend to follow suit or that I can find a constructive reason to care.

I am more concerned about precedent.

I don't get why one type of loss, which came about because of an LL policy decision (like many other types of losses incurred because of after the fact policy decision) gets special consideration, that's all. I don't care that it's land, prim tacos, or babies in a box, I think this precedent opens a can of worms that LL will probably regret later.

We can tsk tsk the "what about me types" who will follow in the footsteps of this decision, but that simply is not going to deter them. Quite the contrary, and that is my concern, which actually isn't far from your own, if I am reading you properly.
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Chip Midnight
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12-30-2005 13:58
From: Nolan Nash
We can tsk tsk the "what about me types" who will follow in the footsteps of this decision, but that simply is not going to deter them. Quite the contrary, and that is my concern, which actually isn't far from your own, if I am reading you properly.


That's true, and you are reading me correctly... but can you think of any single decision LL has made in the last two years that didn't cause a group of people to flip out? Full bright is the only one I can think of ;)
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Cristiano Midnight
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12-30-2005 14:09
From: Chip Midnight
Full bright is the only one I can think of ;)


The light tax was a perfectly workable solution that also provided a much needed money sink. Full bright textures are a wreckless hack that makes things look artificially bright. When you combine it with shiny,it makes SL look like Reno, Nevada. Think about the children! Plus it will mean more furries.
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Rickard Roentgen
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12-30-2005 14:11
gah, knock that off! even in humor. Someone will pick up your battlecry and suddenly there will be 5 threads and subthreads about the evils of fullbright and the 7 gnomes.
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Nolan Nash
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12-30-2005 14:12
From: Chip Midnight
That's true, and you are reading me correctly... but can you think of any single decision LL has made in the last two years that didn't cause a group of people to flip out? Full bright is the only one I can think of ;)

Fullbright killed my local lighting extortion racket!!!! :mad:
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Cristiano Midnight
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12-30-2005 14:12
From: Rickard Roentgen
gah, knock that off! even in humor. Someone will pick up your battlecry and suddenly there will be 5 threads and subthreads about the evils of fullbright and the 7 gnomes.


Shit, I forgot about the gnomes. We really should leave Taco Rubio out of this, though.
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Jake Reitveld
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12-30-2005 14:12
Well I have telehub land I bought from anshe chung. Do ou think she is going to distribute the proceedsfrom this to thouse who bought land from her? No. I am left with the loss plain and simple and there is no detrimental reliance om my part for anythign LL did.

Personally I would argue that LL has always indicated the world is subject to change and that thigs may be done differently tomorrow. The telehub land was a speculative risk, maybe IRL LL istelf would be subject to sactions, but really there is no cause for restittution here. We can boo and hiss LL-perhaps deservedly so, bvut compensation? A bad Idea all around.

We take away money from things people do by killing the DI and then give the money back to the land barons, who do little more than prcel land a reap profit? Bad show.
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Nolan Nash
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12-30-2005 14:14
From: Cristiano Midnight
Shit, I forgot about the gnomes. We really should leave Taco Rubio out of this, though.



Yes, I have no point and no business posting that pic. :o
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Juro Kothari
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12-30-2005 14:15
From: Cristiano Midnight
When you combine it with shiny,it makes SL look like Reno, Nevada. Think about the children!

Hey... I was born in Reno. And last time I checked, SL was not full of single- and double-wide trailer parks with moo-moo clad gray hairs sportin' the weathered look. Be fair. ;)
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