Philip Rosedale stepping down as LL CEO
Note: this entry was originally posted on Daikon Forge.
I’ve been so busy this morning chasing down every bit of info on programming a Go game (inspired by Colin’s Goban announcement) that I only now am discovering perhaps the biggest SL news item of the week : Philip Rosedale is stepping down as Linden Lab’s CEO:
As to title, I will become chairman of the board. I will be 100% involved and fulltime at Linden Lab. Second Life is my life’s work, and I am not going anywhere! I will focus on product strategy and vision, continuing to design the right kind of company, and being an effective communicator and evangelist about Second Life. As a community member, you will probably see more of me in-world.
In fact, I’ve been so oblivious that it’s already been covered three times by Reuters, as well as being mentioned by Nobody Fugazi, Massively, Dusan Writer, and practically every other Second Life related blog that I subscribe to (and several that I don’t).
One very interesting comment by Benjamin Duranske of Virtually Blind (as quoted by Reuters) :
“It is standard procedure when a company is eyeing public funding to move from “visionary” management to someone with a strong day-to-day background. I would not be surprised to see an IPO in a few months.”
I’m not sure how I feel about that idea yet. On one hand, I’d certainly buy Second Life stock, as I’ve always felt that Second Life has a great deal of (as yet unrealized) potential, and will only get better and more successful over time.
On the other hand, I’m reminded of the many recent blog posts I’ve seen regarding building a startup, and in particular this comment by Cory Ondrejka (formerly of Linden Labs) :
Rule #0: Have a Vision Driving Both Product and Company
Know what you are trying to do and why it’s worth doing. Make sure the user experience flows from this vision. Duh.
But, remember Conway’s Law.
Your organization’s structure and culture will be reflected in your products. More than that, how your company operates will shape the possibility space for products you can create, will determine what you can create. So it is critical that Conway be extended. Vision must drive organizational structures capable of realizing the vision.
With Cory now gone, and Philip no longer being CEO, I have to wonder a little at how the company’s vision is going to change. It’s a near certainty that if there is in fact an IPO, the vision will change dramatically. While that may be for the best, and may in fact result in a better platform for content creators, I have some doubts that all will be rosy.
I’ve been through the process of building up a startup company based on a vision, and have seen what happens when that vision was completely and spectacularly destroyed once the “money people” got involved. That singular shift in priorities (money was always a priority before that, just not the #1 priority) caused the very quick and utterly complete destruction of that company.
Of course, I am generalizing from a single experience, but everyone does that. At least, I do. (Apologies to Steven Brust).
Especially chilling (though very well-put) is this comment by Robert Bloomfield:
“Linden Lab’s unique business vision allows them to break plenty of rules, but they can’t ignore the basic economic forces governing corporate growth and ultimately access to capital markets. The search for a successor is going to lead to some real soul-searching about two key trade-offs in Linden Lab’s strategy. First is the tradeoff between stability of the software platform and feature-heavy construction that allows creators with tremendous freedom. Second is the tradeoff between catering to individual residents who want a new world full of fantastic possibilities for their personal lives, and enterprises who see virtual worlds (but perhaps not Second Life) as the future of electronic commerce and the virtual office. Without a tremendous influx of capital that would allow them to become all things to all people, Linden Lab’s new management will need to make some big decisions on which way to turn.”
I wonder what those tradeoffs will be, and how they will affect us “little guy” businesses in Second Life.