To Linden Labs (Stocks)

You know, you put your head and hands through em, and then you lock em down.

We could throw tomatos and stuff at the people locked in em.

It would be fun.

Siggy.

Siggy can I stalk you?

durring a ban your AV is left ghosted in world for the ban duration at a "town square" where people are free to decorate said ghost and take pictures or neg rate as they see fit

Brilliant!

Siggy you are a sick fuxxor and I luv ewe. (you left part of a cow under my trailer btw... come get it before Gen eats it)

Surreal

Where are MY dividends you PIRATES!????

Stocks. Thats another good idea. Being able to form a corporation in SL, sell shares of ownership in whatever the business might be, and allow the owners of those shares to buy/sell the shares on a trading floor to determine value in that business. If the business pays a dividend, then all the better.

But no need to worry, these are just rants of ideas from myself. I believe LL is still wasting time on help folks make a pretty rainbow than L$. The day I see an investment sector in SL is the day I'll believe LL has shifted from Rainbows to Greenbacks in their thinking.



-Alby
'Proud to be from a Red State"

Hahahahahahahahahah *Deep Breath* hahahahahahahahah.

Ok, first of all, with no enforceable contracts, you might as well ask to be the 'KING OF LINDENLAND'. It isn't going to happen any time soon. Also, what is the point of pushing the envelope? Lots of people asking for the protections a corporate entity provides?

Really, you should just get a girlfriend.

Ohhh..... THAT kind of stock!

I thought you meant cattle and pigs and free range chickens and the like.

Never mind.

- Ace

Your talking about the details that can be hammered out in the process. The 1st step is to move in that direction. The 2nd step is to encode all the various protections possible to both parties... Cmon now, get with the program stop trying to hold onto the rainbows.. And believe me, girlfriends are much better for you than boyfriends.. lol

Ama Omega had something like this way back in the day with a game of his at Omega Games. It was somewhat limited but nevertheless pretty cool for what it was. People bought shares of his game at a certain price, which went up as mroe people bought. There was a fixed amount of share availabel and a limit on how many one person could own.

Not traditional stock exchange material, but interesting. It seemed to work too .. people bought it.

I have been strongly considering doing something similar for awhile (hell, I have emulated Ama on every other aspect of my business, I might as well go all the way). I have the resources, infrastructrue and ability to do it.

However, I havent worked out a way to make it benefical for me

-AP

I'd buy stock in your business in a heart beat. As for making money as the business, what you do is create X number of shares (lets say 1000). All you need to do is release maybe 10% of that stock to the public (ie: 100 shares). Let the public buy/sell the shares and give it value. Your profit comes from having the ability to sell into that value, whereever the "stock market" might be located. If the masses have valued each share of your stock at L$50000, then you in effect hold L$45,000,000 of stock. Its not a realized profit, but it provides you with the market place to sell into if needed.

But unless LL helps out, its all just talk. We need a way of attaching ownership of land, businesses, etc to a prim. Then allowing for that prim to be traded between players. Once that fundamental aspect has been created in SL, the birth of a grand economy can begin.

Another issue I see is company disclosure of real earnings. Without a regulatory board, the company could pump up their value by claiming certain profits when in reality they are deep in the red. Financial transparancy for traded companies is a must.

I am thinking a middle ground interim solution is possible though in certain cases ....

Let me think about this one. I might have an idea ...

-AP

Sounds good to me... How about all listed company's allow daily access to financial records so every player has their own accounting of where the money is going and coming from. Plus, all owners can vote on forcing dividend payments every week or something.. So shareholders get paid for just holding shares.... The future is endless once LL gears SL towards a player-profit operation than a player-rainbow operation.

This is something you and I disagree about. I am of the opinion that there is enoug hroom in the world for the "rainbow makers" and the profit motivated players to coexist. That's not to say I think people are automatically entitled to L$ or land just because they prefer displaying their creative side - I think my actions have made it clear that I embrace capitalism and a free market. What I am saying is that by virtue of the fact people don't have to buy necessities in SL, it makes it a good place for people to express creative freedom without the pressure of having to make money if they so choose.

I do agree that the economic tools are in definite need of improvement. I just dont think that the Lindens should focus exclusively on one or the other. There should be a balance ... and in the end it will benefit everyone. Those artisans who hone their creative skills may one day decide to try to make a bit of L$ ... and with a healthy economy there might well be a business owner ready to shell out the L$ for a good artisan. In fact, there are already many who do.

I think balance should be the Lindens goal.

-AP

I think a good stock is the solid foundation of any great soup or rissoto. Discuss

Oh I see, one of those -- "To cure cancer, just find something that *heals* it" sort of answers. It seems so easy on the surface of it, that is, until you actually have to *do* it.

And please don't get your Thai Ladyboys confused with my romantic interests. Really, just let that one go.

Ohh brother... Your one of those people. Poo Poo the ideas that come across as too complex for the layman, just leave them with 'what is' and never seek out what is better. Kind of reminds me of the Amish People. Stuck in time because they shut the door to change.

Your can't cure cancer if your not willing to try many things to see what paths lead you to the promised land. Maybe the road is easy, maybe its hard, but if your not willing to try something new and different, then you'll never move forward. Stuck in time like the Amish.