Second Life chief executive Mark Kingdon denied rumors that the popular virtual world is experiencing massive profit losses that will result to its bankruptcy and imminent downfall, according to AFP report.
Kingdon said he shakes his head every time doomsayers would tell that Second Life is facing imminent “death”. In contrary to the rumors, the chief executive said the virtual fantasy world is even experiencing growth for the past few months as the number of active users continues to rise.
According to Kingdon, active users have grown to nearly 25 percent since September 2008, adding the amount of time and money spent by users is constantly growing at a rate of 25 percent.
While Kingdon, who succeeded Philip Rosedale last year as chief executive, admitted that other Internet properties and social tools including Facebook and Twitter are more popular than the virtual community, he said that at least they are experiencing “impressive” growth which makes their business remain profitable.
“We think that the unprecedented hype Second Life had experienced from the first few months it was introduced has caused minimal drawbacks as excitement has died down”, Kingdon added.
Meanwhile, he remain optimistic that time will prove that Second Life will remain a “profitable business” and will experience more growth in the future.
Earlier report said the virtual world has over 15 million accounts in September last year. Meanwhile, no reliable figure can prove that all these accounts have active users.
According to Linden Lab, the company which created Second Life, an average of 70,000 people are using the virtual world at any given time.
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