LINDEN RESEARCH, INC. TO BE ACQUIRED

[Milk Pixelmaid]

Press release: https://www.lindenlab.com/releases/linden_research_to_be_acquired

SAN FRANCISCO, July 9, 2020 — Linden Research, Inc. announced today it signed an agreement to be acquired by an investment group led by Randy Waterfield and Brad Oberwager. Closing of the acquisition is subject to regulatory approval by financial regulators in the U.S. related to Tilia Inc.’s status as a licensed money transmitter as well as other customary closing conditions. Upon closing, Mr. Waterfield and Mr. Oberwager will join the Board of Directors of Linden Research, Inc.

 

Thoughts?

 

[Whirly Fizzle]

SECOND LIFE IS DEAD

Edited July 9, 2020 by Whirly Fizzle
But this time it might be!

[Blaise Glendevon]

. . .I'mma hold off on making that alt, then.

[Lyssa Greymoon]

6 minutes ago, Whirly Fizzle said:

SECOND LIFE IS DEAD

Well 💩

[Pixie Kobichenko]

Why was it sold? 
There was no google news results for linden labs being sold.  Just weeks old stuff for Sansar.  Does this mean SL is having money issues or what?

[Willow Wilder]

I'm keeping my thoughts to myself. I just want to know who's going to be the lucky one to answer every question with "NFC"? 

[Medhue Simoni]

I do not quite understand why SL needs this. 

[Daniel Voyager]

I just wonder about the "bright future" part for Second Life. I wonder what the plans are now! 

 

[Grumpity Linden]

1 minute ago, Willow Wilder said:

I'm keeping my thoughts to myself. I just want to know who's going to be the lucky one to answer every question with "NFC"? 

NFC!

[Medhue Simoni]

Like, WTF is the point of this? How does SL benefit? 

Edited July 9, 2020 by Medhue Simoni

[Willow Wilder]

1 minute ago, Grumpity Linden said:

NFC!

I so ❣️ you! 

[Coby Foden]

12 minutes ago, Whirly Fizzle said:

SECOND LIFE IS DEAD

    

[Jessica Lyon]

/me digs out the keys to my panic room.... Filled with popcorn and booze. I'd be lying if I said I wasn't deeply concerned.

[Lindal Kidd]

Well, horsefeathers.

[Whirly Fizzle]

Ebbe replied to this tweet

 

Edited July 9, 2020 by Whirly Fizzle

[Grumpity Linden]

In all seriousness -- this really really is a good thing. We’re excited for the opportunities it presents and we’re rock solid sure of the bright future of SL. And with that… NFC  

 

[Whirly Fizzle]

https://modemworld.me/2020/07/09/linden-lab-announces-it-is-to-be-acquired/

 

[Lindal Kidd]

"This was news to us too"?

Either Ebbe is flat out lying (but probably not, given Grumpity's comment above), or it's Fake News (again, probably not, given Grumpity) or he's massively uninformed for a CEO.

NFC, my ass.

[Pixie Kobichenko]

1 minute ago, Lindal Kidd said:

"This was news to us too"?

Either Ebbe is flat out lying (but probably not, given Grumpity's comment above), or it's Fake News (again, probably not, given Grumpity) or he's massively uninformed for a CEO.

NFC, my ass.

Maybe I watch too much true crime, which maybe lends me to be really suspicious, plus I worked for AOL when Time Warner bought it & we all know how great that turned out....  

[Pauleh]

Just hoping that this isn't the money grubbing, run it into the ground and throw it away when it doesn't work kind of investment group. 👀

[Teresa Firelight]

No offense intended Grumpity, but  your answer sounds more like something you have to say an LL employee than something you are sincerely convinced of.... I dont see how this is a rock solid for sure bright future for SL... seems like a big scary unknown to me... If you know more that is reassuring, I would love to hear it

Edited July 9, 2020 by Teresa Firelight
fix typo

[Willow Wilder]

7 minutes ago, Lindal Kidd said:

"This was news to us too"?

This was news to the Firestorm Team. That's our Twitter account. 

[Medhue Simoni]

3 minutes ago, Pauleh said:

Just hoping that this isn't the money grubbing, run it into the ground and throw it away when it doesn't work kind of investment group.

Most likely! Expect more rate hikes coming! 

[Gopi Passiflora]

I just hope they won't take away multiple alternate accounts for one e-mail, that's all.

[CinnamonMousse]

I'm not surprised, actually. I always figured Ebbe would want to sell Second Life once his beloved Sansar was gone. 

I am hoping that this move is going to give SL the support it needs from its investors/owners to help it grow and thrive. 

Personally, I see this as a good thing.