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Philip Rosedale

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59
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2021-12-07
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2021-12-07
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  1. “Yeah, and what's really interesting is I'm going to give you these numbers, the numbers for today and the numbers for the biggest that we ever were. So it's about the same today. So the world of Second Life today is really big. It's about a million people using it. It's a space that's about the size of Los Angeles. And that actually is meaningful because the space is, for the most part, one big space. You look at one map. You can click on somewhere and jump to another place. You can visit somebody's house and then go visit somebody else's. But the overall actual real estate of the space is about the size of Los Angeles. And the economy is about $650 million a year in GDP transactions between individuals and the typical transaction, which I'm sure we'll come back to and talk about because it's so interesting, is a couple of dollars. So there's close to a billion dollars in transactions going on. And that number has been the same for more than the last 10 years since from about 2000.”

    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “Before the idea of the VR headset or anything like that, or even really fancy 3D graphics, the enabling technology that I had to actually wait to start with was really broadband and just basic 3D on computers. 3D came to computers in a way that was generalized right at about 1999. And the other thing that happened in that year was it became clear that broadband was useful and it was something that everybody was going to have in the next couple of years. I remember distinctly like being an expert on the G-Force cards back then. The Polygon counts and like how quickly they were accelerating and how exciting that was for gaming. And I'm curious the scope that this got to. So we'll include some like cool screenshots so people can get a sense for sort of the look and feel of this world, which you called the grid. But just talk us through like how many people were in this thing at its peak. How did that scale and grow? What did the economy look like? Numbers around that I think would bring it to life.”

    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “Thank you. Thanks for having me. Well, first, as people have talked about, Second Life, the origin story of it, wasn't motivated as much by computer gaming as it was building and Lego kits. I was fascinated by the question of what would happen if people could build things together in a space starting in darkness, you know, starting with nothing. The thought that I had was, what if we could build a Lego set that was the rules of physics? Of course, things like Minecraft today fast forward look a lot like that question in ways. What if we could make some basic rules and some basic building blocks that would let people make things? And then also let them do that together in the same space and also build an economy on top of it so that they could, if they chose to, they could trade those things with each other. That was really the core idea of Second Life. And this was way.”

    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Metaverse has become this insanely massive topic overnight. Everyone's writing about it. Facebook changed their Big trend in technology. And we're very lucky to be able to discuss with you today, probably the person that has most built a version of the metaverse in the past at huge scale with lots of Tons of lessons Conversation today with you and Bill is really to explore not just what you learned, but also how those lessons. Very exciting, but yet to be proven future of the metaverse. And I think the right place to begin is with an overview of what Second Life was itself. So maybe just give us the origin story of why you sought out to build it in the first place when you did that. And we'll get into some of the”

    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “My guests today are Philip Rosedale and Bill Gurley. Philip created Second Life in the early 2000s and helped build it into the largest virtual 3D world. Frequent listeners will recognize Bill, who is an investor in Second Life via a benchmark capital. During the conversation, we covered the fascinating story of Second Life and the Billion Dollar Economy that persists through to this day. Bill and Philip share their key learnings from the experience, including the importance of usability, their views of the current metaverse opportunity, and what excites them most about the current focus on virtual realities. If you're curious about what the metaverse might become, these two experts have seen much of this already and are kind to share their lessons with us. Please enjoy my conversation with Philip and Bill.”

    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “Hello and welcome everyone. I'm Patrick O'Shaughnessy, and this is InvestLike the Best. This show is an open-ended exploration of markets, ideas, stories, and strategies that will help you better invest both your time and your money. Invest like the Best is part of the Colossus family of podcasts, and you can access all our podcasts, including edited transcripts, show notes, and other resources to keep learning at join Colossus.com.”

    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

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    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

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    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source

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    2021-12-07 · Invest Like the Best · Bill Gurley and Philip Rosedale - Back to the Future - [Invest Like the Best, EP. 254] · IDENTIFIED FROM THE TRANSCRIPT · source