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Old 03-14-2008, 12:11 PM   #1 (permalink)
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Reuters reports Philip to step down as CEO
Caught this on my twitter feed.... looked but did not find another thread for it here....

Reuters/Second Life » EXCLUSIVE - Rosedale to step down as Linden Lab CEO

Thoughts?
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Old 03-14-2008, 12:13 PM   #2 (permalink)
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Old 03-14-2008, 12:14 PM   #3 (permalink)
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Old 03-14-2008, 12:15 PM   #4 (permalink)
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Old 03-14-2008, 12:15 PM   #5 (permalink)
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Second Life’s growth has slowed after a period of rapid expansion. Rosedale’s replacement will face the difficult task of regaining that momentum ...
Haha. Increasing growth is not the problem.
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Old 03-14-2008, 12:21 PM   #6 (permalink)
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The wording is very odd to me...

Sometime in the future he will step down?

I need to know when it's time to be officially super sad.
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Old 03-14-2008, 12:23 PM   #7 (permalink)
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The wording is very odd to me...

Sometime in the future he will step down?

I need to know when it's time to be officially super sad.
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Old 03-14-2008, 12:25 PM   #8 (permalink)
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Old 03-14-2008, 12:25 PM   #9 (permalink)
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working within Linden Lab’s idiosyncratic corporate culture
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Old 03-14-2008, 12:28 PM   #10 (permalink)
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For anyone with a financial interest in SL, this is a major red flag.

I am not saying the end is near, but I'd watch the management decisions very closely from here on out.

A CEO stepping down is never a sign that the company is thriving and doing well financialy.
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Old 03-14-2008, 12:28 PM   #11 (permalink)
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bye bye love machine
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working within Linden Lab’s idiosyncratic corporate culture
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Old 03-14-2008, 12:31 PM   #12 (permalink)
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For anyone with a financial interest in SL, this is a major red flag.

I am not saying the end is near, but I'd watch the management decisions very closely from here on out.

A CEO stepping down is never a sign that the company is thriving and doing well financialy.
Considering that LL has been operated for the past several years like it was someone's hobby business in the basement, I welcome a move towards effective management.
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Old 03-14-2008, 12:33 PM   #13 (permalink)
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Considering that LL has been operated for the past several years like it was someone's hobby business in the basement, I welcome a move towards effective management.
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Old 03-14-2008, 12:33 PM   #14 (permalink)
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Quote:
Originally Posted by Surreal Farber View Post
Considering that LL has been operated for the past several years like it was someone's hobby business in the basement, I welcome a move towards effective management.
Yeah, I'm wondering about the redflag thing myself.


How is moving from "Bumbling Moron" to possibly "Effective Management" a red flag?
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Old 03-14-2008, 12:35 PM   #15 (permalink)
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Quote:
Originally Posted by Surreal Farber View Post
Considering that LL has been operated for the past several years like it was someone's hobby business in the basement, I welcome a move towards effective management.
Like I said, I am not saying it is bad yet. It is just a red flag to keep an eye on things.

I have heard rumor that LL has had it's book out on the streets for about a year now, seeing what type of offers they get.

I would not be very surprised if this some how leads to an our-right buyout. Often companies will bring in a new CEO with experience in such a thing to orchestrate a sale.

Now that I think of it, I believe this happened with REAL.
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Old 03-14-2008, 12:36 PM   #16 (permalink)
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Philip is a visionary - Linden Lab has grown big enough that it needs a more traditional executive and management style. This was hinted at during his SLCC keynote - that Linden has to stop being so much of a "lab" and more of a "business." I wish him the best of luck, and hope this will lead to more stability!

Regards,

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Old 03-14-2008, 12:36 PM   #17 (permalink)
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Old 03-14-2008, 12:37 PM   #18 (permalink)
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This should have happened a few years ago already. I'm not surprised in the least bit that it happened though to be honest I never thought he would actually ever agree to it and do it.

Heres hoping for the best. I agree it can be a red flag for the company being on shaky ground, but it also can be the first step in the right direction for LL.
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Old 03-14-2008, 12:37 PM   #19 (permalink)
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/me waits to see who we get before making a decision.
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Old 03-14-2008, 12:38 PM   #20 (permalink)
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Wow...

First thought:Makes good sense. Rosedale isn't leaving, he'll still be chairman and work at LL day to day. But they'll be bringing in someone whose specialty is running a company, not developing new technology, and that is overdue.

But ... damn. End of an era. I talked to Rosedale once. I remember how genuinely enthused he was about the company and how he wanted to hear ideas on how to make it a better place - even from me, a "nobody." I can't help but personally like the guy, despite the faults in LL management. I hope the transition is a smooth one - for him and us.
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Old 03-14-2008, 12:39 PM   #21 (permalink)
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Rosedale’s replacement will face the difficult task of regaining that momentum, working within Linden Lab’s idiosyncratic corporate culture and winning over Second Life’s impassioned users.
I would lie through my teeth agreeing to work within the existing corporate culture, then wholly reeducate the workforce when in office. It'd just be plain unfortunate that two-thirds of them would have to be replaced in the first year.
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Old 03-14-2008, 12:39 PM   #22 (permalink)
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/me waits to see who we get before making a decision.
Knowing LL

Julio Torres
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Old 03-14-2008, 12:39 PM   #23 (permalink)
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Old 03-14-2008, 12:40 PM   #24 (permalink)
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secondlife.google.com

The corporate structures of the two companies are fairly similar, just sayin'!
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Old 03-14-2008, 12:40 PM   #25 (permalink)
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/me waits to see who we get before making a decision.
True.

Like what if it's whats-his-face the financial guy? He's... really..... scary to me.
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