M Linden has been the CEO of Linden Lab for two months now. He has shared his impressions and experiences in a very interesting blog entry. Great post! I agree with just about everything that he says, including the fact that LL is doing well as a business and that they have a bright future in the Virtual World market.
“While some may have written off Second Life during our post-hype phase, Second Life has a business model most media, metaverse and social networking companies would kill for. We monetize unique users at many multiples of advertising based models. Plus, with a healthy and growing inworld economy of more than $330 million annually, our users are able to make real money and pay more than half of our fees with credits from selling Linden dollars that they earned inworld — by creating valuable content and providing valuable services.”