How dare YOU try to profit from the death of almost 3000 people, and then claim to have a right to because “you knew the pilot”. I knew a passenger on that very flight, he was not a man of Commerce, he was just a quiet, respectful family man who did his bit for the community to try and make this world a better place.

You are cashing in on his death and as far as I’m concerned, that makes you and Vandeverre complete scum.

Printing money and diluting stock is not ethical. You just totally gutpunched stock prices without consulting your shareholders. That shows a disregard for them, who helped fund this disgusting project of yours. No offense, but this is not a time to be questioning *others* on handling of money. Remember, rule one of debating, don’t attack your opponent as a way to answer a question, makes you seem desperate.
Secondly, to use the WTC is something that I honestly think you both should be slapped for. And to park your personal helocopter on top of it… well, other than a model of yourself reaming your stockholders I can’t think of a better image to describe this “venture”.

But allow me to speak, as someone with real life stock experience. Specifically in the Mercantile Exchange in Chicago. S+P 500, NASDAQ, and commodities. The thing that keeps the markets going is simple. There is only one market, more or less, and commodities are set. There is no second stock exchange to compete, and that helps it stay strong. The stock market is volitile as it is, and someone else will start their own, and then we have competition for who has who, etc. And then companies start disappearing.
*shrugs*
It happens irl, too, but with far less regularity. You are hoping for a measure of control you simply can’t get, so I personally think either you’re both fucking idiots, or you’re hoping to take the money and run as it were.

I personally love stock trading, and I won’t go near that place. I hope it goes bankrupt, and you both lose a great deal of money, and you take down that offensive mockery.

http://www.sloz.info/2007/04/20/interview-lukeconnell-vandeverre-world-stock-exchange/

Australia’s Second Life news source, who have an interview with Luke…

…quite frankly you’re an asshole with nothing better to do than stir the pot and see what happens.

Oh well, Prokofy vs intLib. Looking to see how this one plays out.

/munches popcorn

In a tower, you can’t grant your tenants all their privileges and rights, i.e. music to change, control of the ban list, etc. They basically just perch, and can’t really run the venue.

It’s one of the mysteries of Second Life that in fact people *love* towers. They love the concept of taking elevators up into towers (that’s why any naysayers on that aren’t getting the reality of the customer base), they love the idea of “office space” or “apartments”.

BUT the reality is that they can’t control the space, then they churn. So I’m thinking $4900 is way off as a price, I charge, less, but whatever.

The point is, the valuation was done by insiders. The payment was made in stock, which is going to raise suspicions.

It simply doesn’t strike me as ethical. I think these online entities need to have by-laws and ethics even more stringent than first life because of the ephemera and the transitory nature of the world, and the anonymity.

I think that even with people liking office buildings and such, you can’t really put the kind of future rentals valuation that you are putting on this building, and then sell it for stock, it’s just too risky and precarious.

Add to that the controversy factor over the WTC — people just don’t share your take on it. You’ll simply have to respect it.

I can’t insist on someone sharing their RL ID. That is not the principle of Second Life. I think it’s a good one to have, the idea of anonymity, and if you cannot come to trust people through their actions in world, you cannot replace that with RL credentialing.

>By that time, Shaun had already sold several million shares to Anshe and earned over $50,000 US. This was before the market even noticed, Anshe had dropped almost 20 million lindens on the exchange in quiet without the public finding out. Shaun was in control of the market software then, btw. Shaun also refused to implement important features to prevent CEOs from selling their stock before the time period specified in the exchange rules, a feature Luke had repeatedly requested of him. Shaun engineered the minicrash by enabling shifty CEOs to sell out their own stock and make off with shareholder money too.

I have no way of evaluating this, and I don’t see where the proof is. The question of course emerges of why there are shifty CEOS in the first place, that you and your friends brought in.

Sure, Steve Jobs got stock, CEOS always get stock. But the institutions are not created that way, and they aren’t managed with only barter relations.

With 40 suites at 4900 a week, at 100% occupancy that comes to 18720000 L$ gross revenues over two years. That is the standard means of valuing a business opportunity: two years of gross revenues. Now, you can say “hey 75% occupancy is more normal”. Thats a fair assessment for a market average, but doesnt apply to specific places that are very exclusive and unique. Even if we were to apply a 75% occupancy to be on the conservative side, that is still L$ 14,540,000 in two years of gross revenues. That is also not counting the possible revenues from stores in the lobby, ad revenues from adboards, and the potential to lease the car garage to a major car company for dealership space.

So, even 14,540,000 L$ is far in excess of the $6 million linden value of the stock in the sale (now worth under $4 million thanks to Shauns virulent attacks and propaganda).

By that time, Shaun had already sold several million shares to Anshe and earned over $50,000 US. This was before the market even noticed, Anshe had dropped almost 20 million lindens on the exchange in quiet without the public finding out. Shaun was in control of the market software then, btw. Shaun also refused to implement important features to prevent CEOs from selling their stock before the time period specified in the exchange rules, a feature Luke had repeatedly requested of him. Shaun engineered the minicrash by enabling shifty CEOs to sell out their own stock and make off with shareholder money too.

All these activities have taken place while many CEOs (including Shaun) refuse to divulge their RL identities to shareholders to improve shareholder security. In the post Enron world, one would think people would be allergic to just giving their money to anonymous ghosts. People shouldn’t complain if their money turns to vapor when they invest in vaporous identities. This is why I clearly identify who I am IRL. I think all CEOs should.

Also: companies pay for things of significant value with stock instead of cash all the time in RL. Ask Kirk Kerkorian how he got his stock in Mercedes, or how Steve Jobs got control of Apple back by merging Next with it.