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It was announced in October 2010, that Bob Komin, Linden Lab's chief financial officer and chief operating officer, would take over the CEO job for the immediate future.
In 2015 alone, Second Life users had cashed out approximately ,000,000 (60 million US dollar) and Second Life had an estimated GDP of 0,000,000 (500 million US dollar), higher than some small countries.
In its earliest form, the company struggled to produce a commercial version of the hardware, known as "The Rig", which in prototype form was seen as a clunky steel contraption with computer monitors worn on shoulders.
Although he was familiar with the metaverse of Neal Stephenson's novel Snow Crash, Rosedale has said that his vision of virtual worlds predates that book, and that he conducted early virtual world experiments during his college years at the University of California, San Diego, where he studied physics.s poster child and symbol for the economic opportunities that the virtual world offers to its residents.
Second Life users (also called residents) create virtual representations of themselves, called avatars, and are able to interact with places, objects, and other avatars.
Since then, users aged 16 and over can sign up for a free account.
There is no charge for creating a Second Life account or for making use of the world for any period of time.
As it does not have any stipulated goals, it is irrelevant to talk about winning or losing in relation to Second Life.
Likewise, unlike a traditional talker, Second Life contains an extensive world that can be explored and interacted with, and it can be used purely as a creative tool set if the user so chooses.
There is also a procedural scripting language, Linden Scripting Language, which can be used to add interactivity to objects.