CEO of Company Behind Second Life Steps Aside
Phillip Rosedale, CEO of Linden Lab, best known for Second Life, has stepped aside.
Rosedale said the company needs a CEO who has more expertise in operations and management.
But the founder made it clear he is not going anywhere, remaining on board to work on product development and strategy and taking on the role of board chairman.
"This is my life's work," said Rosedale. "I'm not going anywhere, and I'm still full-time on this, probably for the rest of my life."
The company's largest investor, Mitch Kapor, said Linden Labs is mulling the possibility of an IPO.
"We always knew this was a long-term project, operating on a different time frame from (other) venture-backed startups... it will make sense to go public but there's no rush to that," he said.
I read an interview with Rosedale the other day, and I'm desperately trying to remember where it came from. Anyway, he basically said that he'll probably end up working on Second Life for the rest of his life (which I highly doubt as the game loses popularity by the day). You have to give the guy a vast amount of (Linden) credit; as he has put his heart and soul into both the company, and the game itself - even if it is slowly collapsing into a buggy pile of e-rotica.
A better title for this thread would probably be what I thought it said when I clicked on it:
"CEO of Company Behind Second Life Steps Outside."