In the first quarter of this year, Second Life users engaged in transactions that added up to $120 million, an increase of 65 percent from a year ago. Meanwhile, peak concurrent users hit 88,000.
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“It is true,” said Stratim managing partner Zach Abrams, when I called him for confirmation. “We bought almost the entire position of an existing shareholder… I don’t think this is a company that anyone will be able to put new money into, because it doesn’t look like it will need to raise another VC round.”
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