Second Life Forums Archive - Imminent LL Bankruptcy?

Uma Bauhaus

Renascene

Join date: 18 Aug 2004

Posts: 636

09-03-2006 21:51

Is the end near?

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Flavian Molinari

Broadly Offensive Content

Join date: 1 Aug 2004

Posts: 662

09-03-2006 21:56

Since they are a private company we may never know.

I would say they are really fucking up if they are not making money off SL. Snorting profits, outlandish saleries and tax issues is what kills many otherwise sucessful companys.

They could cut alot of overhead my moving their HQ out of SF.

Strife Onizuka

Moonchild

Join date: 3 Mar 2004

Posts: 5,887

09-03-2006 22:19

LL is really bad at keeping secrets. I truely doubt they are in financial straights.

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Truth is a river that is always splitting up into arms that reunite. Islanded between the arms, the inhabitants argue for a lifetime as to which is the main river.
- Cyril Connolly

Without the political will to find common ground, the continual friction of tactic and counter tactic, only creates suspicion and hatred and vengeance, and perpetuates the cycle of violence.
- James Nachtwey

Tod69 Talamasca

The Human Tripod ;)

Join date: 20 Sep 2005

Posts: 4,107

09-03-2006 22:23

From: Flavian Molinari

They could cut alot of overhead my moving their HQ out of SF.

Guess I wasnt the only one who thought of that.

Compared to where I live, SF is a SUPER HIGH cost of living. (Compare Pittsburgh, PA to San Fran, CA. )

The money they got from investors is probably just enough to turn on a light switch in SF.

Usagi Musashi

UM ™®

Join date: 24 Oct 2004

Posts: 6,083

09-03-2006 22:50

From: Strife Onizuka

LL is really bad at keeping secrets.

HAHHA so true! Not to speak of their nightmarish PR..........HAHHAHA

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Never Quote People that have no idea what they refering to..It give them a false feeling the need for attention...

Lewis Nerd

Nerd by name and nature!

Join date: 9 Oct 2005

Posts: 3,431

09-03-2006 23:50

From: Flavian Molinari

They could cut alot of overhead my moving their HQ out of SF.

Isnt a 'prestigious beachside location' supposed to be one of their big selling points or something? I seem to recall it somewhere on their website as one of the reasons they listed as to why they are such a great company to work for.

Lewis

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History Rust

Autonomous Paperweight

Join date: 25 May 2006

Posts: 99

09-04-2006 00:06

From: Flavian Molinari

Since they are a private company we may never know.

I would say they are really fucking up if they are not making money off SL. Snorting profits, outlandish saleries and tax issues is what kills many otherwise sucessful companys.

They could cut alot of overhead my moving their HQ out of SF.

There have to be *some* perks ... if they have to listen to users whinging all the time AND leave SF, employee turn-over would be out of control.

Cherry Czervik

Came To Her Senses

Join date: 18 Feb 2006

Posts: 3,680

09-04-2006 00:18

And people wonder why this forum is being removed from a company which exists as a business... ~shakes head~.

Desmond Shang

Guvnah of Caledon

Join date: 14 Mar 2005

Posts: 5,250

09-04-2006 00:53

- They just got 11M USD donation in March or so (8M just 2 years back)

- have real revenues of what, 3000 sims x 200 USD/mo (baseline, I'm sure it's WAY more) - that's 7 million at a minimum annual revenue, likely 2x or 3x that if you think how tier works.

- and have a whopping promising growth curve right now.

I don't think even Carly Fiorina could bring the Company to it's knees in six months.

These are the 'good old days' and the 'land rush' if ever there was one.

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Steampunk Victorian, Well-Mannered Caledon!

Otaku Farrell

Member

Join date: 1 Jul 2006

Posts: 51

09-04-2006 00:56

Like reality; If LL were hitting a 'great depression', It'll bounce back.
It's all a cycle.

Imminent LL Bankruptcy?
Uma Bauhaus Renascene Join date: 18 Aug 2004 Posts: 636	09-03-2006 21:51 Is the end near? _____________________ The prophecy is true! At the end of the forums, Prok shall be born again and take the believers up to a holy forum while the sinners are forced to post comments in Linden blogs!
Flavian Molinari Broadly Offensive Content Join date: 1 Aug 2004 Posts: 662	09-03-2006 21:56 Since they are a private company we may never know. I would say they are really fucking up if they are not making money off SL. Snorting profits, outlandish saleries and tax issues is what kills many otherwise sucessful companys. They could cut alot of overhead my moving their HQ out of SF.
Strife Onizuka Moonchild Join date: 3 Mar 2004 Posts: 5,887	09-03-2006 22:19 LL is really bad at keeping secrets. I truely doubt they are in financial straights. _____________________ Truth is a river that is always splitting up into arms that reunite. Islanded between the arms, the inhabitants argue for a lifetime as to which is the main river. - Cyril Connolly Without the political will to find common ground, the continual friction of tactic and counter tactic, only creates suspicion and hatred and vengeance, and perpetuates the cycle of violence. - James Nachtwey
Tod69 Talamasca The Human Tripod ;) Join date: 20 Sep 2005 Posts: 4,107	09-03-2006 22:23 From: Flavian Molinari They could cut alot of overhead my moving their HQ out of SF. Guess I wasnt the only one who thought of that. Compared to where I live, SF is a SUPER HIGH cost of living. (Compare Pittsburgh, PA to San Fran, CA. ) The money they got from investors is probably just enough to turn on a light switch in SF.
Usagi Musashi UM ™® Join date: 24 Oct 2004 Posts: 6,083	09-03-2006 22:50 From: Strife Onizuka LL is really bad at keeping secrets. HAHHA so true! Not to speak of their nightmarish PR..........HAHHAHA _____________________ Never Quote People that have no idea what they refering to..It give them a false feeling the need for attention...
Lewis Nerd Nerd by name and nature! Join date: 9 Oct 2005 Posts: 3,431	09-03-2006 23:50 From: Flavian Molinari They could cut alot of overhead my moving their HQ out of SF. Isnt a 'prestigious beachside location' supposed to be one of their big selling points or something? I seem to recall it somewhere on their website as one of the reasons they listed as to why they are such a great company to work for. Lewis _____________________ Second Life Stratics - your new premier resource for all things Second Life. Free to join, sign up today! Pocket Protector Projects - Rosieri 90,234,84 - building and landscaping services
History Rust Autonomous Paperweight Join date: 25 May 2006 Posts: 99	09-04-2006 00:06 From: Flavian Molinari Since they are a private company we may never know. I would say they are really fucking up if they are not making money off SL. Snorting profits, outlandish saleries and tax issues is what kills many otherwise sucessful companys. They could cut alot of overhead my moving their HQ out of SF. There have to be some perks ... if they have to listen to users whinging all the time AND leave SF, employee turn-over would be out of control.
Cherry Czervik Came To Her Senses Join date: 18 Feb 2006 Posts: 3,680	09-04-2006 00:18 And people wonder why this forum is being removed from a company which exists as a business... ~shakes head~.
Desmond Shang Guvnah of Caledon Join date: 14 Mar 2005 Posts: 5,250	09-04-2006 00:53 - They just got 11M USD donation in March or so (8M just 2 years back) - have real revenues of what, 3000 sims x 200 USD/mo (baseline, I'm sure it's WAY more) - that's 7 million at a minimum annual revenue, likely 2x or 3x that if you think how tier works. - and have a whopping promising growth curve right now. I don't think even Carly Fiorina could bring the Company to it's knees in six months. These are the 'good old days' and the 'land rush' if ever there was one. _____________________ Steampunk Victorian, Well-Mannered Caledon!
Otaku Farrell Member Join date: 1 Jul 2006 Posts: 51	09-04-2006 00:56 Like reality; If LL were hitting a 'great depression', It'll bounce back. It's all a cycle.

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Imminent LL Bankruptcy?