Philip Rosedale quit his position as CTO at RealNetworks and started Linden Lab in 1999, investing $1 million of his own money into creating an online virtual world called Second Life. Mitch Kapor, founder of Lotus Development, invested $2.93 million in Linden Lab in 2001. By 2010, Linden Lab had raised a total of $30.7 million in funding to develop Second Life as an objective-driven but user-created virtual world.
8. Philip Rosedale quit CTO position at RealNetworks
Started an of鍖ce in Hayes Valley in mid-1999
Philip Rosedale had invest $1 million dollars of his own money
Mitch Kapor (Founder of Lotus Dev) invested in 2001 ($2.93M)
1999
2001
2010 Raised $30.7M in total
14. Why is Second Life still a thing
Second Life Logo
Linden Lab: Investor strategies and pro鍖tability
Linden Lab Company Pro鍖le by PitchBook
Project Sansar image
The conclusion of Patterns
How I Did It: Philip Rosedale
Linden Lab, Crunchbase
Why is Second Life still a thing?
What is Second Life?
References