Philip Rosedale steps down as CEO
As usually happens (see Google, for example), the founder needs an experienced CEO.
Philip Rosedale (below I’m at Linden Lab’s HQ in last july 2007) is stepping down as CEO of Linden Lab.

Here’s what he has to say about that:
We’ve decided to search for a new CEO, and I wanted to briefly talk to everyone here about the reasons for that decision.
I feel that the most important contributions I have made and will continue to make to Second Life are related to building both the product and the company through my direct contributions to vision, strategy, and design. As we grow, the role of our CEO will increasingly be to hire and grow the right team - to lead and help the company scale - to thousands of people and tens of millions of users of Second Life. I believe that we can hire a fantastic person in that role, and also give me the ability to totally focus myself on the job that I do well. I bet this will be the most interesting job opening in the technology world.
As to title, I will become chairman of the board. I will be 100% involved and fulltime at Linden Lab. Second Life is my life’s work, and I am not going anywhere! I will focus on product strategy and vision, continuing to design the right kind of company, and being an effective communicator and evangelist about Second Life. As a community member, you will probably see more of me in-world.
Again, this is a decision driven by my desire to best grow SL and match my job to both our needs and my passions. We don’t have a specific timeline, and I don’t expect my job to change while we are looking for someone.
We’ll organize some further conversations in SL on this topic soon, and as always, feel free to talk to me about this if you run into me in-world.
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POSTED IN: linden lab, second life
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