“…how can they have “stock” if they’re not publicly traded? Talking about sales of stock shares of a privately held company seems inane.”

‘We’ could care less about the venture capital aspects, ‘We’ were addressing something more fundamental, but obviously a bit TOO fundamental for your grey matter. You LULZ me to sleep. So it’s worth restating before I hit the sack — The dumbshit meter on this one is SO max’d out it’s hilarious…

I see you attempting to refute my claim, but I don’t see you giving any more evidence than “because I said so”. Stratim Capital specializes in Venture Capital, most of the sites referencing the buy out mention Second Life’s Venture Capital funding, therefore it seems fairly secure to believe that this is venture capital related.

Taking it personal always turns into serious bizness. Don’t! You weren’t the target of the “expert” comment. ‘We’ already knew you were not. And your “spot research” is ass (par-don ‘we’ for being mouthy again but this is the Herald ya know – LMAO). Stock holdings/equity shares in a private company or corporate entity doesn’t neccesitate venture capital. Pointing anything (or anyone) in the “right” direction requires a googlearch investment about twice what you’ve put into it; 4 minutes instead of 2.

Here -

“I wasn’t aware that Linden Lab was a publicly traded company, IntLibber – how can they have “stock” if they’re not publicly traded? Talking about sales of stock shares of a privately held company seems inane.” //Witness X

get your bearings again,

nimrod (ooops, again my apologies)

ROFL

And honestly I’m not an expert on this and don’t claim to be, I just did some spot research on the subject to get some actual stuff to point in the proper direction, rather than just calling him a dipshit for not knowing.

Even ‘myself’ is an inane dimwit. (And I’m the original not you We!) LOL

Venture capital? LOL Might be true in this particular case but answer the f’n question for f’cks sake, about how it can be so, that is to say, how private companies have stock shares for ‘start-up’rs’ equity holdings well b4 the company ever (if ever) goes public. The dumbshit meter on this one is SO max’d out it’s hilarious…from the self proclaimed “experts” to the nOObs. This is a whole new level of entertainment on this rag…

Or to put it more politely than my mouthy doppelganger, Second Life is privately owned but using “Venture Capital funding”, and the fact that someone bought such a large amount of stock all at once is a good thing not bad.

http://en.wikipedia.org/wiki/Venture_capital

People are right to ask “how can you talk about stock when it is not a publicly-traded IPO” — it’s a good question to ask. And the answer is: in this dry gulch of Silicon Valley’s worst recession and absence of IPOs in decades, and with global IPOs limited to things like a Chinese game company, the secondary stock, i.e. the stock options that employees are given, and which they sometimes get as a golden handshake, become what is traded privately and what is used to value the company. Read Fred Wilson on Facebook employee stock valuation for example.

It’s an important corrective to the market’s information about how to value a company, but it seems to me as a non-specialist as a rather odd thing to be declaring as a market — employee stock given out for free, so to speak, is a lot like Gaidar’s voucher system given out to Soviet factory workers and then scooped up by some oligarchs. Not really a market valuation, but a grab.

My guess for the Linden cashing out would be Zee, because I think he is bitter and would want to get out. The big three mentioned are all wealthy and have interesting things to do and aren’t bitter and don’t need to cash out.

What are Intlibber’s sources for these notions of how much secondary stock has already valued and sold? He can’t cite them? Oh. Then…how can we know they are true?

Why assume that the person selling shares left? Linden Lab may be like the KGB. You never truly leave.

Or, you could even have something like groups of shares from a bunch of staff still there, or departing, as it has been from Facebook, and not just one big person or one big troika. And…how can we know? We can’t. It’s not public.

Anyone who says the Lindens “make money” from “uploads” cannot be an expert. Because uploads of textures that you pay L$10 per upload are *sinks* NOT *sources* in the Linden monetary system; they are not a source of revenue for the Lindens directly.

Even if you fisk this up a bit and apply sophistry to show that if there are more uploads, and more sinks, the Lindens get to sell more Lindens themselves to keep the currency rate stable, it’s a stretch. Because it isn’t direct income, and because nobody has ever been able to correlate the strange figures of Supply Linden sales to anything that approaches rationality, i.e. seasons, or big events, or new continents or whatever. Perhaps we don’t have enough data over time.

The Lindens make more than $150 million in tier. They do have interest-bearing accounts, and they also have large fees for things like selling the rights to ESC to make a customized viewer. We don’t know all the deals like that which may have gone down, i.e. IBM behind the firewall.

In short, Intlibber should go back to publishing information about his own inworld stock dealings rather than speculating in frivolous fashion about the Lindens.

No, commenting about something when you have no clue is the inane part d!psh!t!

Move along to something more your speed…like DRAMA…or google that sh!t and edumacate urself X.