Ebbe Altberg And Brett Linden Responds To Company’s Acquisition


Since the announcement last week about Linden Research, Inc being acquired by the investment group led by Randy Waterfield and Brad Oberwager there has been some responses from Linden Lab. On the Second Life Forums there has been mixed responses about it. Ebbe Altberg has been responding on Twitter over the weekend and Brett Linden responding back on the Second Life Forums. 

Most Second Life residents are still worried and concerned about the future of Second Life. It’s clear from the lab responses that the specific details about the deal won’t be announced just yet. There is talk now of one or both of the investors being featured on a future Lab Gab episode or a townhall meeting. I think this is a good idea and I hope the lab will host it before the end of the year. 

I think the main message from Linden Lab right now is that these two investors have a great deal of awareness of what Second Life is and they are excited to help Second Life/Tilia grow. I don’t think there will be any major changes in terms of the end user before the end of 2020 and it will probably continue as normal. 

To be honest time will tell. Let’s wait and see what happens next. 

Ebbe Altberg Responses 

To early to speculate. But Tilia is signing up and onboarding more and more customers. Its a unique and very relevant service.

No plan for drainage here. Great to remain independent. Everybody motivated to build and grow.

We’re remaining independent. Not getting mangled into some Borg

Uh, that’s not what any motivated operator of a profitable business world do. That would be like throwing away money for no reason. We’re excited.

 

Nobody has any interest in hampering SL. We all want it to grow and continue to be the wonderful world it is. We’re very happy with this path. Can’t say much until deal is closed.

 

That would be a horrible way to run a business. We’re not partnering with idiots here.

Brett Linden Responses

Good day, all!

Just jumping in to respond to a few of the comments…

A few folks are speculating that this is the end of SL and nothing could be further from the truth. Any talk of dismantling or radically changing the fundamentals of SL that we know and love is inaccurate. While we can’t get into specific details about the deal itself, I want to emphasize the fact that this keeps Linden Lab as an independent venture led by two investors who have a great deal of awareness about what SL is and isn’t. They are excited to join and help us grow both SL and Tilia while also respecting and recognizing the needs and sensitivities of the existing culture and community. 

Great question! We look forward to sharing more information as soon as possible, and I know that Brad is looking forward to meeting the community as we near the completion / approval deadline

This is a great idea. I can’t make commitments on dates because there is still a long process of reviewing the regulations, but we will discuss internally as this seems to be a” no brainer “and I think that most of the community is interested in what they have to say. I could imagine that we will attract one or both investors to “Lab Gab” or some other form of town hall meeting. 

Grumpity Linden Response

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

We’re really not able to comment very much in terms of details for now, but we are quite earnest in the Press Release

I will post more when new information becomes available. 

Linden Research, Inc. to Be Acquired


Linden Research, Inc announced today it signed an agreement to be acquired by an investment group led by Randy Waterfield and Brad Oberwager. Apparently Mr. Waterfield and Mr. Oberwager will join the Board of Directors of Linden Research, Inc very soon.

“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”.

The lab will continue to operate normally on a day to day basis including all Second Life operations. I don’t think there will be any immediate visible changes at the moment. I would imagine now there could be more speculation, concerns or even fears as to the future of Second Life.

This will be a new chapter, an new opportunity and another expansion for Second Life along with Tilia. Check out this statement made by Ebbe Altberg CEO of Linden Lab.

We’re excited for this new chapter to begin. We see this as an opportunity to continue growth and expansion for Second Life and our money services business Tilia. We’re grateful for the ongoing support from our community, business partners and investors. Now more than ever, there is increased recognition of the value and utility of virtual worlds to bring people together for safe, shared, and social on-line experiences.

Who are they ?

Mr. Oberwager has spent his entire career in technology and consumer-focused companies. Mr. Oberwager is the founder and Chief Executive Officer of Jyve, a Silicon Valley based technology company. Prior to Jyve, Mr. Oberwager owned Bare Snacks, acquired by PepsiCo. Mr. Oberwager is an advisor to several technology start-ups and sits on the boards of several technology and CPG companies.

Mr. Waterfield is the Chairman and CEO of the Waterfield Group. The Waterfield Group has invested in over 100 technology, financial, insurance, bank and other companies.

Linden Lab have released this press release below…

LINDEN RESEARCH, INC. TO BE ACQUIRED

2020-07-09 00:00:00 UTC

New Growth & Expansion Opportunities on the Horizon for Second Life and Tilia

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.

“We’re excited for this new chapter to begin. We see this as an opportunity to continue growth and expansion for Second Life and our money services business Tilia,” says Linden Lab CEO Ebbe Altberg. “We’re grateful for the ongoing support from our community, business partners and investors. Now more than ever, there is increased recognition of the value and utility of virtual worlds to bring people together for safe, shared, and social online experiences.”

“Both the company and its virtual world community have a unique culture and creative energy that remain important to the long-term success of Second Life,” says Brad Oberwager. “There’s a bright future for both Second Life and Tilia and we’re excited to help fuel these growth opportunities.”

“Since its inception 17 years ago, Second Life has been a pioneer in the concepts of virtual societies, land and economies,” says Second Life founder Philip Rosedale, who is now CEO of High Fidelity. “I’ve known Brad for 14 years personally and professionally, and I’m confident he will bring his passion and proven strategies to help Linden Lab achieve new heights in distribution, scale, and quality while remaining true to the original vision, creativity, and community that makes Second Life unique and special.”

Mr. Oberwager has spent his entire career in technology and consumer-focused companies. Mr. Oberwager is the founder and Chief Executive Officer of Jyve, a Silicon Valley based technology company. Prior to Jyve, Mr. Oberwager owned Bare Snacks, acquired by PepsiCo. Mr. Oberwager is an advisor to several technology start-ups and sits on the boards of several technology and CPG companies.

Mr. Waterfield is the Chairman and CEO of the Waterfield Group. The Waterfield Group has invested in over 100 technology, financial, insurance, bank and other companies.

ABOUT LINDEN RESEARCH, INC.

Linden Research, Inc. dba Linden Lab develops platforms that empower people to create, share, and benefit from virtual experiences. Founded in 1999, the company first launched Second Life, the groundbreaking virtual world enjoyed by millions around the globe, in 2003, which has since gone on to boast nearly two billion user creations and a vibrant $500 million (USD) economy. For more about Linden Lab, its products, and career opportunities, visit its website.

For more information, contact presscontact@lindenlab.com

Bellisseria Expansion Latest Developments – July 2020 Update


The start of the new railway expansion

The Moles and Lindens have resumed work on the new Bellisseria expansion. They are busy again building the new infrastructure from new homes, new roads, new water areas to new interesting areas to hang out in.

  • Land Selection Page – New Linden Homes will be available here. Please note that you have to upgrade to Premium to have a new home!

During the past few months the Moles have been working on the SL17B regions. They have done a great job this year. Well done to everyone that made this year’s birthday celebrations possible.

The SL17B regions are still open to explore. Don’t forget the LH Demo region showing the new Stilt Linden homes at SL17B is still open to the public until 12th July 2020. Visit the SL17B Enchant region.

What’s New ?

New homes appearing near the water areas (red squares)

I have added a blue line where future new Linden Homes will be built in the weeks and months ahead. There is still a lot of work for the Moles to do before the whole expansion is completed.

Upcoming new homes will be located here
The green line = the new upcoming railway line
Expansion bridge connection on the west side

The map below shows the early days of the expansion back in March 2020. As you can see there were loads of empty areas and access was very limited. This was one of the biggest releases to date yet.

The map below is the new expansion as of early July 2020. As you can see the Moles have been adding new Linden homes all over – now there are fewer empty areas. It’s worth exploring the new expansion as it has loads to offer everyone.

It will be great to see it once its all been completed later this year.

SSP Update

For those that don’t know where the new testing SSP regions are located on the map. Please see below. These regions are closed to the public.

The big batch of SSP pink regions and the other nearby regions in the north have not changed much in recent weeks or even months. I will be keeping the lookout now for new visual changes and will blog when new developments occur.

SSP pink regions located north of the map
The SSP testing grounds – a closer view
SSPMBC region appears

I will post further development blog updates in the months ahead.

The SL17B Exhibits Are Still Open


Bugs Bunny at the bar drinking lime

Last weekend marked the end of the major events and live performances at SL17B. The only big event still going now is the SL17B Shop & Hop shopping event which ends Sunday 12th July 2020. The exhibits and birthday regions are still open for another two weeks roughly. There is a useful list of SL17B community experiences worth checking out. 

SL17B core regions open until 12th July 2020
SL17B Shop & Hop Shopping Event still open

For those that are visiting this week and next week the lag should now be at normal levels. It should be easier now to explore the regions sightseeing and hanging out with family/friends. It’s best to visit during non-peak hours to enjoy it more.  

Ebbe Linden & Saffia live at SL17B last week (22nd June)

The SL17B Meet the Linden sessions were a huge success again this year with a large audience every day participating inworld and on the live online stream. Well done to everyone that made it work this year. It was good to hear good progress being made with the uplift work, the mobile app, premium plus, Linden Homes and much more. I think before the end of the year there will be some interesting announcements on Second Life.

The new Stilt Linden Home theme
SL17B Enchant from the air

The new Stilt Linden Homes can still be viewed in the SL17B Enchant region. The LH Demo region will remain open for the next few weeks. After that the Stilt Linden Homes won’t be released until later in 2020 when residents will be able to start moving in. I will post more on this when new updates becomes available.

What do you think of SL17B so far ?