I really can't see an IPO on the horizon - too much possible competition on the horizon. Would you buy in just as other, possibly more popular, virtual worlds were starting to appear? With the probable mass migtarion of current premium residents?
That maybe a reason to do it now. The VCs may have lost faith in the future profitability and want to cash out while SL is on top, or an external threat (ie credit crunch) may have forced their hand. There are reasons to IPO asap and just because they're not in the best interests of LL doesn't mean they're not in the best interests of the investors. Just sayin'.
Reader Comments (2)
Posted: Apr 23rd 2008 9:34AM (Unverified) said
Posted: Apr 23rd 2008 12:04PM (Unverified) said