If you try downloading your account history now, you’ll find the file tagged with the date already. Quess that was a quick fix huh? ZOMG!! FIC!!

You just look at the map and count the islands or count the number of people in Dreamland? Also see the land offerings for sale on their webpage. Not rocket science.

No inworld transactions MUST STAY. They don’t have to make up these idiotic totals that are useless and say things like “GIFT” (we should be able to tag transactions or something, and some people could just set up their own tagging). But they do need to keep the running record.

Getting a named weekly Excel file is fine, but you really need constant inworld updates. You shouldn’t have to tab out of SL to a webpage.

Prok, Allana, should LL retain inworld transactions longer or simply make the daily downloads more convenient? Will it be sufficient to have an option to automatically recieve a properly named weekly, perhaps daily, excel file attached to an email?

It’s possible that there is a money crunch with the arrival of the new sims and the new tier payments, but at least up to that point the business was unleveraged and paying for everything with cash. That is to say, when they bought the 200 or so sims a few months ago that was with cash from operations.

You are right though, that if they are expanding to larger offices in Wuhan, and are establishing some sort of presence in Tel Aviv, Frankfurt, and Boston (which they haven’t confirmed)AND they are expanding their staff to 100 that would require extra capital, and maybe it is hard to borrow money from banks if you are in that business. So in that case a cash investment from a vc firm would be useful. But at this point we don’t even know if the Samwer’s put up a dime to get their 10% stake.

And you know this how? The “value” of a company’s holdings can often be high while it’s actual cash flow is fairly small and vice versa. As an outside reporter you can’t know how high their overhead is with tier payments, payroll, etc. It’s entirely possible that a monetary infusion was exactly what they needed.

I guess my question would be: did these brothers only now tune in and finance, or have they been silent partners for longer than this?

As for “formal accounting methods,” that doesn’t mean any slam against the ACS operation necessarily, it means the formal auditing methods for how firms value things, calculate depreciation, etc. and auditing to meet FASAB standards (http://www.fasab.gov/accepted.html) etc.

It’s very hard to maintain records in Second Life because the Lindens dump the data every 30 days, and it’s very inconvenient having to keep downloading a new Excel file with the exact same name every day, even being diligent, you inevitably wipe a day’s accounts out just because of that stupid feature. When they can learn to make the download generate the day’s full date as its name, or better yet, just end this idiocy and have memory longer than 30 days AND a searchable easily downloadable spreadsheet, that will be an improvement. But they won’t bother.

Inworld transactions really don’t matter to them. They are so far past that now.

Oh right! So what form of accounting methods has this multi-million US$ business been using up to this point? A cash book and a cardboard box of receipts and IOUs?

That seems a very odd thing for the Franfurter Allemeigne to say. You’d almost think there was a hint that ACS was having accounting problems wouldn’t you? Maybe the German tax authorities read all those stories about how much Anshe was worth and started checking their own records?