These are the type of investors who put their money in businesses proven to stay stable over the years. ![]() Second Life fits into NONE of these boxes and these investors aren't interested in betting their money on something that explodes and grows x10 every year. So the investors know that there is no point putting in any further funding. In most of these cases, growth is the only way the company survives and becomes stable. But there is a very good reason for this. Even outside of gaming, a project won't continue to get funding (usually) if it's not growing at the rate it should.Ī company making $20m/year could easily fail to raise money from their investors if that $20m is less than what they made last year. This is very common with publishers and game investors. Once it's stale and not making enough money (EVEN if it's profitable) they will shut it down and move on to investing in the next thing that could be the new Fortnite. They will invest in a game, support it until it either sky rockets or stales. Let's take a look at how NCSoft handles their investments. Some of you see a pattern with game studio acquisitions and it's perfectly normal for you to fear the same for SL's future. You know what? These are not wild speculations. Mishi goes on to break down these scenarios in-depth: Let me explore two chief concerns with y'all.Ģ: SL will be milked for what it's worth and shut down. It would be cool to give them a warm welcome when they are officially on the board. They do not want to mess with anything that's working. The new future board members are very aware that SL comes with adult content and they are just fine with it. I see a lot of speculation and fear over Linden Lab's acquisition.įirst, Lindens want you to know that nobody is even considering touching the adult content on SL. As such, Mishi has some of the best insights on SL's economic operations and Linden Lab's relationship to it: While the SL community's opinion over the world's new corporate owners is decidedly mixed, I put a lot of stock in the analysis of Gizem McDuff, owner and founder of Blueberry - which has been, since its founding in 2012, one of the most successful and popular virtual style brands in SL. The weather looks good and it should be a wonderful day to get together for blueberry's, a free movie at dusk, and much more.Above: Mishi IRL and her Blueberry brand on Facebook I'm also looking forward to some of Kevin's Chicken BBQ for lunch, it's worth the trip just for that. Here is your chance to enjoy fresh-picked blueberries and blueberry pie, you can even show off your cooking skills during the Blueberry Baking contest. I love blueberries and anything associated with that tasty fruit. I'll admit that I haven't been there before but I will be attending this year. Bring your chair and get ready to enjoy the movie outside with free popcorn and the day will end with a free movie in the park at dusk. ![]() ![]() The committee was originally formed to raise money for a state of the art playground and it grew into an organization to bring the residents of Coventry together. The Events Committee has been hosting chicken BBQs and free entry events in the Coventry area for over 10 years and they have no plans to stop now.ġ4th Annual Coventry Blueberry Festival With Free Movie At Dusk
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