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Monday, June 13, 2011

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Wizard Gynoid

interesting. this kind of response would have been more timely after sharespost charted a dramatic drop in LL valuation last year. there must not be a conspiracy. here they are downplaying an INCREASE in Linden Lab's valuation!

Ann Otoole InSL

lava lamp lol. that got a full belly laugh out of me.

Nyoko Salome

'a company that trades in shares of privately-held, pre-IPO companies'... so this sounds like lol, what some sorts of modern economic/global marketscams have been turning into... 'speculating upon speculations?' gambling upon your own bets? rife for wild rumor... i understand the basic first tier of investing into a bankable, wallstreetable company offering asset to the world; i do not understand what is legal at all about economically 'speculating' upon one's own, or others, bets. it short-circuits the whole idea.

Gwyneth Llewelyn

Sharepost.com? It's a game.

No wait, it's a virtual economy.

Or perhaps it's a gambling scam?

Whatever! These days it's hard to figure out the difference :)

Nyoko Salome

http://latimesblogs.latimes.com/technology/2011/06/facebook-ipo-value.html

;0 eyes this and wonders if it isn't just a little extra 'speculation money' being tossed around while 'it's time to bet'? big money goes around the world - big money fools! ;0 i think that's how the song goes...

Tateru Nino

Bob's take on it agrees with mine.

Ener Hax

lol, i guess Sharespost hits a nerve to warrant a response!

way to give a sh!t about your customers - instead of stroking the ego of a customer like me, i think $3k a month is worth more of a care than Sharespost is, with a simple hello tweet you take the energy to respond to this?

the true measure is the one you do have some influence over - people like me - but it is easier and far more removed from your actual customer to just talk about this one measure

that's all Sharespost is you stupid tool - one measure out of hundreds but focus on it at the expense of others

Arcadia Codesmith

Economists like to pretend they're dealing with objective realities when they discuss value, as if they were real scientists instead of numerologists.

Dale Innis

I would hazard a guess that the reason the Sharepost "price" of LL used to be flat but recently started fluctuating around is that recently someone started putting in fake (well, quasi-fake) buy and/or sell orders ("orders") for (nonexistent) shares in it, either just to amuse themselves, or to see what would happen, or for some subtle and nefarious reason having to do with money and/or sex.

The important thing to remember here is that in the absence of money actually changing hands, the Sharepost numbers mean *nothing*. You might just as well (just as badly) spend your time counting how many times the letter "r" appears in Linden Lab press releases, and trying to get insights into the operation or future of the company by looking at the resulting graph...

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