>Vshojo wasn't paying their commissions
>Kept $500k of charity money
I genuinely think they're hundreds of thousands of dollars in the red and the entire company was financed like a pyramid scheme
>>102485839 (OP)So even in early 2024 when their reputation enjoyed a comeback due to being a ex-Niji shelter, they were stiffing the bills.
Why would you assume they were funded like a pyramid scheme?
Geega has already previously alluded to the far more common and likely scenario - they were a small VC funded startup that was great and treated the talents well despite probably bleeding money... until the VC money dried up, and then they started falling apart because they needed to stand on their own feet.
This happens with tech or tech-adjacent companies all the time - they spend lavishly, giving their employees all kinds of perks etc., because they basically don't care about profitability. Then they either get acquired, or eventually go out of business.
Once things started crumbling, it becomes easy to see why they might """"temporarily borrow""""" half a million dollars in money intended for charity to try and float them a bit longer, or delay paying for commissions.
I think VShojo just had a business model that fundamentally didn't work, but for a long time when VC money was abundant and money was cheap to borrow, they didn't care. Then that free money dried up, and we eventually end up here.
>>102488132That explanation makes a lot of sense, and explains why so many in the company were genuinely loyal to it for a while, but still provides zero moral or legal excuse for their behavior.
>>102485839 (OP)a corpo that can't pay back its investments is dead in the water
>>102488132>>102488751Isn't Gunrun fucking rich?
Like, Kevin can support his corpo basically with his own cash until it recently became profitable, and I'm pretty sure Gunrun is wealthier than him.
Is Gunrun just a turbo jew?
>>102488888No, Gunrun is just some tech bro who got lucky to be hired to a project that went massive (Twitch). His other company was a low ingress, low cost to run one.
Unironically VShojo getting bigger hurt them more due to the VC money drying up
>>102488888You should never mix business money with your personal money
>>102485839 (OP)>>102488132Ackshually, it's pretty common for insolvent companies to act like a pyramid scheme. Any money going in goes to pay their suppliers from a month ago, then as they lose more money, one month becomes two months, then three, then... at some point too many people start demanding that they pay upfront, then the jig is up. The people willing to wait too long for their money are of course the ones who get shafted. If you don't harass the insolvent company, they'll just pay someone else first.
>>102485839 (OP)I'm basically certain at this point that they were running on almost nothing but VC funds and then shit hit the fan once it dried up.
>>102489038>>102489121I see.
I guess Fishfag must actually be pretty fucking wealthy then, since I'm pretty sure he mentioned phase only just became profitable in 2024.
>>102488132Tale as old as time.
Reminds me of CrossGen comics in the late 90s early 2000s.
>>102489207Dude has experience with business. Though he still had a lot of trouble in the first year of Phase.
>>102489207VTubers on paper should be profitable, mainly if you take the money from their day to day. But they are a hassle because your line of work basically runs on "tips", merch is really fucking hard and expensive to produce to get like 3 out of 20 people to buy it. This is the reason why so many have died or went public.
>>102488751There's some duty to keep the plates spinning, but obviously they went too far and should've just called fold a year ago.
>>102489265yeah, but that's because he himself was autistic about certain shit until gen 1 threatened a mass graduation
he realized he needed to hire women to deal with women moments
>>102489207He's also pretty cheap, so I wouldn't be surprised if he wasn't bleeding that much. For all we know they could've been breaking even in 2023 and just bleeding a little in 2022.
>>102489121If it turns out he negligently failed to segregate the charity money and spent it all, he might become personally liable... But that depends on whether he had a duty to do so. Shouldn't he? The money was never intended to be for their general funds. Even if he could somehow escape legal liability, it might be better in the long run to make it good with his personal funds. What they owe im is another matter, of course... if they're insolvent she's not getting made whole.
>>102485839 (OP)heard from talent that they dont take cut from supa (IIRC from Kson), and that should be a red flag. How the fuck they are suppose to pay any other department if they dont have monthly income from their talent?
>>102489517It's good that he learned.
>>102490976I thought they took almost all the money from merch though
do they take a cut or not?
I saw people throwing all sorts of numbers out
I've heard the talents saying they take no cut, but if they actually do take a cut, then lying about the cut seems kind of illegal.
>>102488855That's just basic math, why are you saying that like it's something deep?
>>102491039That was the problem. Vshojo has always been fucking terrible with merch, but it was basically their only source of income. So when the VC bucks ran out, their business model imploded. Thus you get the present situation.
>>102491098It either varies as each member works out a different contract or they were taking no cut and things are falling apart now precisely because of that.
>>102485839 (OP)>Vshojo wasn't paying their commissions>screenshot clearly shows they were paying their commissions, just lateClout chasers should get the rope
Illiterate drama monkey should get the rope
what kind of yacht was it
>>102488888>Like, Kevin can support his corpo basically with his own cash until it recently became profitableFrom how Fishman phrased it, it sounds like Phase is just one of many businesses he has so if one starts to go in the red, the others can prop it up.
>>102491509It clearly isn't that its just late. If it was just late payment, they would have told Mouse it'd be paid soon and she wouldn't have quit the company and basically accused them of fucking stealing it. As soon as she said "then pay it or I'm gone" they would have paid it if they intended to do so ever. She likely demanded they make the payment first or she'd quit, they said no, and now here we are.
>>102485839 (OP)the real rrat would be that the pyramid scheme includes subs and viewbots, and that most of ironmouse's revenue from the subathon wasn't real
>>102491509>screenshot clearly shows they were paying their commissions, just lateThat's the same story with Idol...
When a company pays late, it means it doesn't have cash flow. So what do they do to have cash? Borrow money, go into debt. Having a lot of debt is bad.
