Eddi's first take:
This is the biggest news in Virtual World development in quite some time.
This is very good news indeed. It shows that venture capital funding is now available in the
virtual world category, which has been dead to investment for the past 5 years. Serious money is behind this new venture. If Linden Lab can stop viewing Second Life as a cash cow to fund other ventures, and start investing in making Second Life a more user-friendly and viable commercial platform, it will be a victory for all of us.
Key to Philip's announcement: Portability across multiple platforms advance graphics, and input through new types of user-sensory devices that will be coming into the mainstream over the next several years.
To find out more see New World notes today:
Read Phillip's Annoucnement
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