Second Life Forums Archive - i was wondering about LL stock..

Cybin Monde

Resident Moderator (?)

Join date: 27 Jan 2004

Posts: 2,468

02-05-2005 18:27

are there any plans to offer public shares of LL stock? would it be seen as harmful or helpful by LL?

for instance, would LL be planning on offering 40% of ownership through stocks? allowing LL to retain the majority of ownership..

or would that be seen as a crutch that could buckle under future pressures and would be more likely to be steered cleared of?

..just wondering.

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- Philip Linden

"There is no life I know to compare with pure imagination. Living there, you'll be free if you truly wish to be."
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Lordfly Digeridoo

Prim Orchestrator

Join date: 21 Jul 2003

Posts: 3,628

02-05-2005 20:10

IF they did, I'd be first in line to convert my linden dollars into shares.

However, were they to do that, they would have to do a bunch of stuff they wouldn't want to; file SEC stuff, public earnings statements, plus they'd be directly answerable to 40% more people then they normally are (public companies usually act differently than private companies).

Maybe they'll do it 5-10 years down the road, but I think they like being quiet and private right now.

LF

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blaze Spinnaker

1/2 Serious

Join date: 12 Aug 2004

Posts: 5,898

02-05-2005 20:13

If they do sell stock it should come with the requirement that you're not allowed to post on the SL forums.

All we need is a bunch of people "hey I am a shareholder, so I demand you add this feature" etc etc

_____________________

Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :

"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."

Zuzi Martinez

goth dachshund

Join date: 4 Sep 2004

Posts: 1,860

02-05-2005 21:59

that would be an easy rule to have blaze. that's what shareholder meetings are officially for. actually they'd probably just say "shut up and vote your shares at the shareholder meeting" instead of banning them from the forums though. but jeez talk about feted and inner.

Adam Zaius

Deus

Join date: 9 Jan 2004

Posts: 1,483

02-05-2005 23:38

You mean like AWLD? $110/share to $2/share because the stockholders started choosing the direction of the company. No thanks!

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GigasSecondServer

Ursula Madison

Chewbacca is my co-pilot

Join date: 31 Jul 2004

Posts: 713

02-05-2005 23:42

Haha, yes.. owning stock gives you the right to voice your opinion in how the company is run. Unfortunately, buying stock doesn't automagically make your opinion work a damn.

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Cybin Monde

Resident Moderator (?)

Join date: 27 Jan 2004

Posts: 2,468

thanks for the feedback..

02-06-2005 10:48

i was wondering what the community would think.. and i figured it correctly. it's a love/hate reaction..

love: IF stocks were available, then any number of us would foam at the mouth while barking "BUY! BUY! BUY!"

hate: it seems we're of like mind however, seeing it as a thorn that would stick in the maw of SL/LL.

so, i'll agree with those who say to leave it to the Lindens. our part is creation and we have our own in-world finances to play with and make "real" money with..

"and thank you for your continued support."
- Bartles & James

_____________________

"We, as developers, are doing the easy part – building the scaffolding for a new world. You, as the engines of creation, must breathe life into it."
- Philip Linden

"There is no life I know to compare with pure imagination. Living there, you'll be free if you truly wish to be."
- Willy Wonka (circa 1971)

SecondSpace (http://groups.myspace.com/secondspace) : MySpace group for SLers.

i was wondering about LL stock..
Cybin Monde Resident Moderator (?) Join date: 27 Jan 2004 Posts: 2,468	02-05-2005 18:27 are there any plans to offer public shares of LL stock? would it be seen as harmful or helpful by LL? for instance, would LL be planning on offering 40% of ownership through stocks? allowing LL to retain the majority of ownership.. or would that be seen as a crutch that could buckle under future pressures and would be more likely to be steered cleared of? ..just wondering. _____________________ "We, as developers, are doing the easy part – building the scaffolding for a new world. You, as the engines of creation, must breathe life into it." - Philip Linden "There is no life I know to compare with pure imagination. Living there, you'll be free if you truly wish to be." - Willy Wonka (circa 1971) SecondSpace (http://groups.myspace.com/secondspace) : MySpace group for SLers.
Lordfly Digeridoo Prim Orchestrator Join date: 21 Jul 2003 Posts: 3,628	02-05-2005 20:10 IF they did, I'd be first in line to convert my linden dollars into shares. However, were they to do that, they would have to do a bunch of stuff they wouldn't want to; file SEC stuff, public earnings statements, plus they'd be directly answerable to 40% more people then they normally are (public companies usually act differently than private companies). Maybe they'll do it 5-10 years down the road, but I think they like being quiet and private right now. LF _____________________ ---- http://www.lordfly.com/ http://www.twitter.com/lordfly http://www.plurk.com/lordfly
blaze Spinnaker 1/2 Serious Join date: 12 Aug 2004 Posts: 5,898	02-05-2005 20:13 If they do sell stock it should come with the requirement that you're not allowed to post on the SL forums. All we need is a bunch of people "hey I am a shareholder, so I demand you add this feature" etc etc _____________________ Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds : "User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches."
Zuzi Martinez goth dachshund Join date: 4 Sep 2004 Posts: 1,860	02-05-2005 21:59 that would be an easy rule to have blaze. that's what shareholder meetings are officially for. actually they'd probably just say "shut up and vote your shares at the shareholder meeting" instead of banning them from the forums though. but jeez talk about feted and inner.
Adam Zaius Deus Join date: 9 Jan 2004 Posts: 1,483	02-05-2005 23:38 You mean like AWLD? $110/share to $2/share because the stockholders started choosing the direction of the company. No thanks! _____________________ Co-Founder / Lead Developer GigasSecondServer
Ursula Madison Chewbacca is my co-pilot Join date: 31 Jul 2004 Posts: 713	02-05-2005 23:42 Haha, yes.. owning stock gives you the right to voice your opinion in how the company is run. Unfortunately, buying stock doesn't automagically make your opinion work a damn. _____________________ "Huh... did everything just taste purple for a second?" -- Philip J. Fry
Cybin Monde Resident Moderator (?) Join date: 27 Jan 2004 Posts: 2,468	thanks for the feedback.. 02-06-2005 10:48 i was wondering what the community would think.. and i figured it correctly. it's a love/hate reaction.. love: IF stocks were available, then any number of us would foam at the mouth while barking "BUY! BUY! BUY!" hate: it seems we're of like mind however, seeing it as a thorn that would stick in the maw of SL/LL. so, i'll agree with those who say to leave it to the Lindens. our part is creation and we have our own in-world finances to play with and make "real" money with.. "and thank you for your continued support." - Bartles & James _____________________ "We, as developers, are doing the easy part – building the scaffolding for a new world. You, as the engines of creation, must breathe life into it." - Philip Linden "There is no life I know to compare with pure imagination. Living there, you'll be free if you truly wish to be." - Willy Wonka (circa 1971) SecondSpace (http://groups.myspace.com/secondspace) : MySpace group for SLers.

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i was wondering about LL stock..