by Mike Masnick

Filed Under:
economy, financial crisis, second life

linden lab

Well, At Least Second Life Won't Need A Gov't Bailout

from the too-small-to-care dept

Remember a couple years ago, when you could hardly go a day without hearing some press story hyping up how the virtual world Second Life was the biggest thing since the internet itself? Those days went away pretty quickly once people noticed that the numbers Second Life was claiming weren't really representative of how many people were there, and all the brands that bought into the hype and jumped on the Second Life bandwagon started realizing that it didn't do much for them, as most of the folks in Second Life were there for the virtual sex and gambling, which the company has cracked down on.

However, apparently, there are still some folks using Second Life, and the company wants to let you know that as the financial crisis spreads around the world, the fundamentals of the economy in Second Life remain strong. Over the past few weeks, I've seen press announcements from plenty of tech companies trying to spin the financial crisis as a reason to write about their company, but this one might be the most ridiculous. It's not as if people are going to start moving money into Lindens any time soon as an investment vehicle.

Reader Comments (rss)

(Flattened / Threaded)

  1. identicon
    Jake, Oct 20th, 2008 @ 4:55pm

    Give it time; it's not as if Second Life's real estate market has much less of a relationship to the real world than the one that just went into freefall in most of the Western Hemisphere.

    reply to this | link to this | view in thread ]

  2. identicon
    William, Oct 20th, 2008 @ 5:11pm

    lol @ Second Life. I didn't know their servers were still running.

    reply to this | link to this | view in thread ]

  3. identicon
    www.custompcmax.com, Oct 20th, 2008 @ 5:16pm


    Second life is an interesting concept. But, it never panned out as anything worthwhile. It survives on the funds it generated by the massive hype that was built around it. Reality is hardly anyone uses it that is really in the market for things advertised there. And it is really painful to use. http://www.custompcmax.com

    reply to this | link to this | view in thread ]

  4. identicon
    Christopher Smith, Oct 20th, 2008 @ 6:24pm

    Why not Lindens?

    You might do just as well as many of the Wall-Street investment managers...

    reply to this | link to this | view in thread ]

  5. identicon
    Hoeppner, Oct 21st, 2008 @ 5:08am

    Second life has some nice stuff... but it's really just a vacuum tube that has a man decade or two ahead of the competition.

    reply to this | link to this | view in thread ]

  6. identicon
    JustMe, Oct 21st, 2008 @ 6:50am


    There is actually a great music scene in Second Life. A lot of small artists give live performances in Second Life as a way of reaching large audiences.

    reply to this | link to this | view in thread ]

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