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The Archives
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10.07.10Why Linden Lab is Not for Sale (Yet)There's a pretty simple rule for investing: buy low and sell high. Now, there's another set of rules, and they're a lot more complicated: how much something is worth will depend on who you ask. In Silicon Valley, for example, something can be worth a lot even though you can't seem to find any money changing hands. In the rest of the world, there are formulas for valuation, they're often well known (a services company in Industry X might be worth 1.5 times earnings, for example), and they're often adjusted based on intangibles like "synergy" and "goodwill" but you'll usually ...
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