![]() ![]() Now, instead, it's listed as a portfolio holding beneath software companies specializing in contact center technologies and strategic solutions (Digital Data Voice Corporation) and cloud-based oil and gas software (NeoFirma). Around that time, we saw Second Life becoming an integral part of the Internet's next generation, transforming multiple industries and mainstream culture itself, with Linden Dollars even becoming the world's most used electronic currency. Twelve years ago, insiders (including myself) fully expected Second Life to enjoy a successful IPO, or perhaps as likely, to get acquired by a major company like Microsoft or Electronic Arts. (And, surprisingly, Goldman Sachs.)Īnd as the author of The Making of Second Life, I have to admit that this is not at all a future I saw for the virtual world. Second Life is even listed on Waterfield's homepage as a network property (screengrabbed above), alongside a host of obscure/semi-obscure firms. Specifically Linden Lab is now officially owned by the Waterfield Group, which buys companies that make a decent profit and helps keep them profitable. We are pleased to share that the regulatory review has been completed and Linden Lab is now under new ownership. related to Tilia Inc.’s status as a licensed money transmitter as well as other customary closing conditions. 2021 starts with an ending of some kind, as briefly mentioned at the tail end of a New Year announcement on from Second Life management:Īnother noteworthy development for the new year is that Linden Lab has new owners! As announced in mid-2020, an investment group led by Randy Waterfield and Brad Oberwager signed an agreement to acquire the company subject to regulatory approval by financial regulators in the U.S. ![]()
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