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If LL sells SL what happens to our assets? |
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Aminom Marvin
Registered User
Join date: 31 Dec 2006
Posts: 520
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08-16-2007 21:02
Well, does anyone know how financially healthy LL is? Are they turning a profit yet? from what I've heard, they have been turning a profit for quite some time. They've been re-investing that profit back into SL (such as buying the Windlight company, hiring more software engineers, and contracting out voice). |
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Dnali Anabuki
Still Crazy
Join date: 17 Oct 2006
Posts: 1,633
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08-16-2007 21:12
Technically speaking any company down the line that tried to change the SL TOS in a dramatic way would have contract law problems. The courts frown upon any form of contract that wasn't negotiated in good faith. This is why in the Bragg case the TOS was found to be non-binding (or at least this was the gist of it). Since the TOS ensures the copyright owner that they retain the copyright, if the TOS were changed to grab more rights it would undoubtedly not hold up in court. LL can't steal your copyrights but they do lay out provisions in the TOS for content usage. If you haven't thoroughly read the TOS in a long time... now would be a good time to brush up. Good advice and unlike I usually do, I'm actually going to follow it. Thanks Strife |
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Dnali Anabuki
Still Crazy
Join date: 17 Oct 2006
Posts: 1,633
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08-16-2007 21:15
BTW, Cisco is still in SL.  Hmm, gonna have to straighten my brother out on that then. Thanks. |
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Desmond Shang
Guvnah of Caledon
Join date: 14 Mar 2005
Posts: 5,250
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08-16-2007 21:53
from what I've heard, they have been turning a profit for quite some time. They've been re-investing that profit back into SL (such as buying the Windlight company, hiring more software engineers, and contracting out voice). "From the Board of Directors, 1 April 2008: Second Life is profitable, and since we believe in grid commerce sooo much, we've invested in virtual banks and bonds, for an annualised return of 64%..." Oh nooooes!!!! grin _____________________
 Steampunk Victorian, Well-Mannered Caledon! |
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Usagi Musashi
UM ™®
Join date: 24 Oct 2004
Posts: 6,083
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08-16-2007 22:02
First off who would buy this mess of a game? ANd its related past issues with its users? No right minded CEO OR COO would even touch this game. Any company that in the past have Pissed off its user base and or have has so many breakin ins to its server bases. Would not even bother with buying it.
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Usagi Musashi
UM ™®
Join date: 24 Oct 2004
Posts: 6,083
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08-16-2007 22:11
Yes they are turning a profit but they are poring most of it into the operational budget and hiring new employees. By the way LL is always looking for smart energetic folk. Being a community member in good standing is something they look for when hiring. http://lindenlab.com/employment In all due repect Strife, the later half of the also should read "who bed your in with them". |
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Cherry Czervik
Came To Her Senses
Join date: 18 Feb 2006
Posts: 3,680
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08-17-2007 06:19
Yes they are turning a profit but they are poring most of it into the operational budget and hiring new employees. By the way LL is always looking for smart energetic folk. Being a community member in good standing is something they look for when hiring. http://lindenlab.com/employment And I say ... when do you need an Ops Manager for a UK based Customer Service Department Hmmm ... actually ... thanks Strife! Feedback to Linden ... your Ethnicity ratings are possibly not appropriate to Europe/UK as they are in the US ... _____________________
To exchange power is sublime. To steal from another ... well, what goes around comes around.
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