Linden Lab CEO Kingdon Quits
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Linden Lab CEO Mark Kingdon has resigned two weeks after the Second Life parent cut 30 percent of its staff. Kingdon was a big name hire for the company when he was brought on two years ago to replace founder Philip Rosedale; he had previously been the CEO of Omnicom digital agency Organic.
SEE ALSO: Second Life-Parent Linden Lab Cuts 30 Percent Of Staff
Kingdon was tasked with helping “the company scale—to thousands of people and tens of millions of users of Second Life,” but while Second Life has managed to hold on to its members, it hasn’t been able to regain the buzz it once had and has been surpassed by a series of newer social sites.
In announcing the cutbacks earlier this month, Kingdon had said he wanted to “make Second Life more accessible and relevant to a wider population”—goals which didn’t sound that different from what the company had said it wanted to do back in 2008.
The company’s financial state isn’t known, although once widespread talk of a coming IPO has completely died off. Linden Lab has raised about $19 million in funding. It hasn’t added outside cash since 2006.
In a short statement, Linden Lab says that Rosedale will take over as interim CEO. CFO Bob Komin will add the additional title of COO.
Posted In: Industry Moves, Social Media, Virtual Worlds, linden lab, mark kingdon
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