Capitalism 2.0

Coldwell Banker becomes first Realtor of “Virtual Real Estate”

COLDWELL BANKER® ENTRANCE INTO SECOND LIFE® MAKES VIRTUAL HOMEOWNERSHIP EASIER FOR MILLIONS OF RESIDENTS

Company Leads Real Estate Industry Into Virtual Future

(press release)

File this in the "this is a joke, right?" category.

Presenting Your Pitch

You've developed your idea into a working prototype.  Your co-founders and you are experienced and confident.  Your angel investor has helped to open some doors giving you a couple of impressive early customer partners.  You can't help but thinking ahead to actually starting to earn a salary and hire employees.

Now you've secured audience to present to a venture capital fund.  All your dreams are now riding on you and your team's ability to get funding.  You know that venture capital funding is preferable to the alternatives.  In fact, you believe that funding from the right venture capitalist greatly enhances your prospects of success.

So you go open your pitch presentation in PowerPoint.

 

Linden dollars, Terrorism and Crime

In "The Linden Dollar Game", commenter, Matt Beam, near the end of the discussion raised a very interesting question which hasn't been discussed very widely.

Just a question:

If anyone around the world can play 'Second Life' and exchange his currency into Linden-Dollars and back, so can two users fake a deal like followed and transfer real money for a real threat:

Sleeper in US builds trivia in SL and offers financier in Middle East for a fantastic prize. Financier exchanges amount into LDs, pays sleeper in LDs, who exchanges them into USDs, commits the crime and no one can prevent this transaction.

Am I right ?

Regards
Matt

Posted by: Matt Beam | Saturday, March 17, 2007 at 02:47

Linden Lab Fact Sheet

A number of emails have inquired about the specifics of Linden Research ("Linden Lab", "LL").  I've compiled this fact sheet, for those interested.  This information is reasonably accurate, but some of it is a tad bit dated.  I'm not sure how much more I'll write on the subject, given that it seems the honeymoon is quickly drawing to a close on Second Life.

SF Bay Area Housing Bubble Battle

As the yen carry trade unwinds, the DOW vacillates wildly, market volatility continues to rise, and the idea of risk returns to the minds of investors world over, we are left with one, stubborn enigma:  The price of houses in the San Francisco Bay Area.

At this point, there is no denying that real estate prices are in a full on correction, nation wide.  Anyone with an ounce of honesty now fully recognizes the existence of a bubble.  The few who doubted the bubble have now seen their stake in the bet that the subprime loan game would last forever vaporize.  All you need to do is Google subprime meltdown for a current counting of the carnage.