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Lee Ludd
Scripted doors & windows
Join date: 16 May 2005
Posts: 243
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06-02-2006 13:25
Here's an idea for a sink:
Linden Lab is a for-profit organization, and I suppose it is looking forward to the day when it shows a profit so it can then go public.
In anticipation of that day, why doesn't LL offer to sell stock options in exchange for Lindens? This would sop up some of the too-many Lindens said to be in circulation. Also it would be a nice selling point in Philip's pre-ipo dog and pony show to say that a bunch of SL residents have already sent a serious signal that they want to invest.
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Surreal Farber
Cat Herder
Join date: 5 Feb 2004
Posts: 2,059
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06-02-2006 13:56
Stocks are governed by U.S. Federal laws. I'm trying to imagine what the rules would be on buying them with monopoly money. 
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Surreal
Phobos 3d Design - putting the hot in psychotic since 2004
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Rasah Tigereye
"Buckaneer American"
Join date: 30 Nov 2003
Posts: 783
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06-02-2006 14:12
From: Surreal Farber I'm trying to imagine what the rules would be on buying them with monopoly money. You mean Microsoft Bonds? |
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Lee Ludd
Scripted doors & windows
Join date: 16 May 2005
Posts: 243
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06-02-2006 15:54
I didn't say anything about buying stocks. I said buy options to buy stocks. An option is just a civil contract promising to sell (or buy) something at some future date.
My thought is that each option would be a promise by LL to let you buy one share of LL stock at the IPO price, if and when that event ever happens. If it never happens, you'd be out of luck. If the IPO does happen and you choose to exercise your option, you would buy your share using US$ from some broker.
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