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7/22/2025, 11:05:19 AM
>>102508725
It’s only a crime if you get caught. Had he put the money back in time nobody would be the wiser. Take FedEx foundational story
>According to Entrepreneur, Smith raised $80 million in loans and equity investments by the end of 1972.
> FedEx began operations in April 1973 and quickly grew. However, rising fuel costs eventually caught up with the young company, putting FedEx millions of dollars in debt, Entrepreneur reported.
>Investors declined to give FedEx more money and Entrepreneur reported that "bankruptcy was a distinct possibility."
>When the company had only $5,000 left, Smith pitched General Dynamics for more funding, but the board refused.
>On his way home, Smith took a detour to Las Vegas and won $27,000 playing blackjack, which he wired back to FedEx, Forbes reported.
Has he lost that hand he would go down for embezzlement but he won.
I’m not saying that’s what happened with VShojo but given how little money was getting misappropriated it definitely doesn’t look like the bloke trying to get rich, specially considering the 11M he got to make the “streaming backpack”
It’s only a crime if you get caught. Had he put the money back in time nobody would be the wiser. Take FedEx foundational story
>According to Entrepreneur, Smith raised $80 million in loans and equity investments by the end of 1972.
> FedEx began operations in April 1973 and quickly grew. However, rising fuel costs eventually caught up with the young company, putting FedEx millions of dollars in debt, Entrepreneur reported.
>Investors declined to give FedEx more money and Entrepreneur reported that "bankruptcy was a distinct possibility."
>When the company had only $5,000 left, Smith pitched General Dynamics for more funding, but the board refused.
>On his way home, Smith took a detour to Las Vegas and won $27,000 playing blackjack, which he wired back to FedEx, Forbes reported.
Has he lost that hand he would go down for embezzlement but he won.
I’m not saying that’s what happened with VShojo but given how little money was getting misappropriated it definitely doesn’t look like the bloke trying to get rich, specially considering the 11M he got to make the “streaming backpack”
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