Different phase for Second Life, different CEO
Monday, March 17th, 2008Last week Linden Labs CEO Philip Rosedale announced his stepping down as CEO. He will still be involved with strategy, but leaving the helmsman spot to someone else. Linden Lab is the company behind Second life, the online 3D world that was the big hype of 2006.
Sounds to me like Linden Lab is trying to turn Second life from a hip thing that attracts a lot of media attention into a company with a decent turnover/profit. All companies go through phases, from unknown startup, through hip thing to money machine. Every phase has its own characteristics and requires different sets of skills of the management. So I guess it’s not so strange to see a change like this.
It must be difficult for a CEO like Rosedale to have to let go of a baby like LL, but a decision that is probably very wise. Realizing too late you’re not the right person anymore can be much more painfull. And hey, a startup phase of a company is much more interesting than putting down an organisation with structure and processes, cutting down costs and taking out all the fun but money burning projects.
So now the only question is: how long will Rosedale last next to a new CEO? I don’t think a desk in the room down the hall is a wise idea.. What do you think?
