If they were bleeding money then why didn't they go public?

>>102648612 (OP)
Because going public means disclosing finances to the public.

>>102648612 (OP)
Investors would look at their finances and drop them like a rock

>>102648612 (OP)
Ironic isnt it

>>102648612 (OP)
they have litteraly nothing of value, but i guess retard investor who just want slave would still have bought those share

>>102648612 (OP)
Because then everyone would know that they are a failure earlier than expected. They have to show their finance sheets and everyone would shit on them.
The result is the same.

they were waiting for saba's non-compete to expire next year before going for another round of funding

the "embezzled" money was for her signing bonus

>>102648612 (OP)
Who’s going to buy their shares? Unless they cook the hell out of their book, both institution and retail investors can see how fucked their financials are. The only people willing to give them money are private investors with spare change to gamble with.

>>102648612 (OP)
There are requirements for a company to be able to appear in stock market. They can't put a company in the red on there so that the investors can be scammed by throwing money into the pit

In Japan, the lowest rank is the growth market and it simply required you to not be broke. I don't know about the US one but I'm sure their requirement is at least "not broke"

>>102648612 (OP)
They’re not bleeding, their end goal is to pocket every single penny they can get

Explain how you "mismanage" over a million dollars without anyone finding out. This is the scam of the century, do not fall for the incompetence meme.

>>102648612 (OP)
Nobody who knows anything about the entertainment industry would invest in vshojo. IP is the most valuable shit an entertainment company owns meanwhile they make a point of shouting about how they don't own any of the IP their company promotes.

I dont think it would have been possible. IIRC by this year it was outed on Twitter that they were 2 million in debt; it was the amount they owed both to talents and to their creditors. If they wasted 11 million in venture capital between 3 years to now and somehow ended up in debt with theoretically low business expenses, why would anyone want to buy them on the stock market?

>>102650419
because they literally spent every penny paying their bloated staff and on stupid advertisements like the japanese subway one.

>>102648612 (OP)
Investors would see all of the money going into 1 girls bank account and nobody else's

>>102651252
Imagine how the talent felt seeing insanely expensive ads like that while the company is telling them they cant get paid. What the fuck.

>>102648612 (OP)
What is there to buy? , Vshojo don't own anything. Are you retarded?

>>102648612 (OP)
Because if they did they would meet the same fate buzzfeed did. Remember when they tried to go public? It tanked the companies value because potential investors realized they had nothing during the disclosure.

>>102648612 (OP)
I imagine their books were fucked beyond belief and doing all the necessary paperwork and accounting to do an IPO would have instantly killed the already borderline insolvent company.

>>102651252
>>102651677
you 2 are the moron who believe mf conor huh? the ad did not cost million moron

>>102652057
yea they did try to sell vshojo but a person who have 2m to burn are not dumb enough to buy a shell that own nothing. good job advertise though.

>>102652251
It's not as much as Connor said, but 15k USD is still a shit ton of money to spend in one of the dumbest advertising campaigns ever.

>>102652308
You would essentially just be purchasing all their liabilities and a brand name because what assets exactly do they own? They don't have the IP for the characters, they don't own any content, they don't own any youtube channels or twitch channels. Where as if you invest in something like Cover or Anycolor you are buying into a hugely popular brand, with a whole host of lucrative IPs, all the physical assets they own like equipment for studios that can be a revenue stream in themselves, youtube, twitch, twitter, tiktok profiles with hundreds of millions of subscribers across them.

>>102652765
If we're being real, Cover and AnyColor don't really own their characters in a traditional sense. Sure, they retain all copyrights and trademarks even if the talents leave, but it's not like, say, Spiderman where they can just cast a new actor. The nanosecond any talent leaves, they can't do shit with it anymore, and they just have a useless model and name

>>102654523
Yeah its true that its not the same kind of IP ownership as traditional media but its still real and valuable. If another vtuber company tried to buy out Cover or Anycolor they would have to pay for the IP in the purchase of the company. Just like how Brave group goes around buying up smaller Japanese groups all the time like VSPO or whatever.

>>102654523
My first thought when people are making a big deal of this whole IP ownership. At the end of the day companies never own shit, the graduated talents can even legally create a new character with a very similar looks.

>>102650419
I don't actually think Gunrun went into this with the intention of scamming anyone. Its a common story these past few years
>interest rates are low and tech optimism makes VCs willing to throw cash around
>expand quickly because you're playing with other people's money
>VC money eventually dries up and your business model turns out to be completely unsustainable
>take increasingly desperate measures to keep the lights until the entire house of cards falls down

>>102654523
You aren't wrong, but buying into something like Cover or Anycolor would still guarantee many physical assets and there's still bound to many talents willing and eager to work; keeping the IPs alone is also enough incentive to make most people not want to leave when they know there is an uphill cost to starting over that may not pay off. Especially because as people like Doki have said, being an indie and still trying to do the amount of things you used to do at a corpo is a lot of hard work. There's a good reason why she still is not in a "total corpo death" mindset and still advocates for their continued existence.
Meanwhile what does Vshojo really have going for them? Even if they still kept the talent's IPs and they still had people working for them, their business model is so unsustainable that they would still be running in the red even after a buyout.

>>102648612 (OP)
Because it would end up the same way as Buzzfeed.

investors wouldn't touch them as a private company, going public is even dumber because then all your mistakes are laid bare for everyone to see

>>102648612 (OP)
They didn't create anything that they own.

Even though they're messing it up, there's a reason Cover does HoloEarth and HoloALT. You don't need to keep the IP, but you do need to create something that's permanent. Vtubers are just there to shill products, and they're temporary. They can graduate at any time; even if you keep the IP, it's worthless when they leave. Why can't vtuber companies understand this? Make a product that is permanent. Something that will outlast the vtuber

>>102656905
Just like VR, crypto and NFTs this will be AI too.
AI is the biggest gamble civilization has ever made, to the point it's being framed as the next space race to get as much world government gibs as possible.

I agree with you, I don't doubt some creator-first agencies start with very noble intentions before the ugly truth of no capital gains rears its head. It's easy to call these execs scum but more often than not it's a case of living long enough to become the villain.

>>102648998
Actually they had no problems until tariffs.

>>102657539
>Something that will outlast the vtuber
Yeah, just come up with something that Hollywood, Atlanta, Nashville, the rest of Western entertainment, Vanity Fair, etc. have never been able to do in 200 years of entertaining.

>>102657945
Nyannes Vei and Silvervale left in 2021 because the pay was so bad. This company was fucked from the start

>>102658032
>2021

>>102658032
>Silvervale
she got kicked out for being transphobic

>>102657945
please be trolling, nobody could be this stupid, surely.

>>102657945
Man, I didn't know there were tariffs all the way back in 2022-2023 when it took more than a year to ship Henya's debut merch and several people had their orders cancelled after 2 years of waiting

>>102658006
Look at Love Live, last μ's concert was what, 5 years ago? Yet you still can play as them whenever they release a new gacha, it's not that hard

>>102648612 (OP)
Then they would have to admit they were in red. You go public when you are still going up but you know you are about to go down, not when you are underground.

>>102648612 (OP)
they attempted to sell themselves and their liabilities to a private investor for 2 mil but he declined because "their financials looked like those of someone who had never run a company before"

>>102648612 (OP)
Don't think that would've helped at all

>>102656905
yeah this

like everyone is clowning on him but he had good intentions

>Epic Con scams out of 500k
>VSho scams out of 500k
you hate to see it

>>102658006
Like Disney has shown, IP is invaluable.
Cover tried holding onto the IPs of graduates with the affiliated program, but it wasn't enticing enough.
But who knows what the new contracts contain?

>>102648612 (OP)
They couldn't sell the company for 2 mil.

Even with the horrible financial track record, if they choose to go public when they were still solvent i have faith it would gave gone to shit like every other vtuber corpo that goes public.

Niji goes public, mass walk outs, canceled projects and the eventual blowout event.

Holo goes public, conditions worsen, talents walk but they at least keep the issues under wraps.

Theres no way they could keep “talent first” while answering to shareholders.

>>102648612 (OP)
You have to make money to go public bro.

>>102648612 (OP)
Too busy getting vtubers drunk at company parties and send them creepy DMs at night

>>102648612 (OP)
>Going public
>When your business model was unsustainable and management knew it
>Their plan was just burning money to eliminate the competition and poach talents then figure out how to make money.
Anon the IPO would have been a disaster and would have resulted in bankruptcy.

>>102648612 (OP)
they were cooking the books, they're not going to open them up

>>102671368
Is it cooking the books if they were run so stupidly you could actually lose a 6 digit sum?

>>102654523
>>102655086
>Asianfags rushing to lick corpo dick at every occasion.
If it's useless then it's 1000% more retarded to take it as ownership. But keep bobbing.

>>102656905
>muh "good intentions"

>>102648982
fpbp

>>102657945
Not true according to a reliable source on twitter who is a VC and said he was familiar with their finances(I would bet money they were approached to invest in a round or two).
He said they have always been bleeding money.
Some combination of mismanagement and poor business model is my guess.

>>102674259
nigga,/vt/ was 100% right and you should shut up.

>>102648982
fpbp
It becomes a lot harder to direct all the income streams in to your own accounts then.

>>102648612 (OP)
How the fuck do you bleed money doing something that literally prints money from lonely men?
Doesn't make any fucking sense.
Easiest and most comfy bag of gunrun's life and he decides to fuck it up. Incredible.

>>102657784
>Just like VR, crypto and NFTs this will be AI too.
No, because AI does something and it's not just a scam.

>>102674961
Doesn't make what he did excusable but I think there's a clear difference this and something like FTX where the goal the entire time was to steal people's money.

>>102654523
No, but if they were really scummy they could still printing merch of Coco, Aqua or Gura.
Also the fact that people like Pekora and Marine probably don't leave is because they feel attached to the character and don't want to start from 0 (plus the age thing).

How would that help?

>>102648612 (OP)
They're retarded

>>102657945
Why would you just lie like this
>hired interns to create narratives on 4chan
Nevermind I see why you are lying

>>102648612 (OP)
They tried to sell the company but even the retarded investors who couldn't tell the difference between hololive and nijisanji could smell the absolute shit show their finances was and so nobody bit

>>102675854
none of these AI companies have shown profits

>>102652251
Those Shibuya ads were up for MONTHS, in some of the most crowded tunnels of the Shibuya scramble. They had whole walls painted between the Toyoko and Den-en-toshi lines. I don't know if it was a million, but that's PRIME ad real estate.

>>102658624
Go Woke
Go Broke

>>102649443
>the "embezzled" money was for her signing bonus
Small fish kills hololives nemesis by leaving
The self-sacrifice angle...

>>102675844
Because they were stupid enough to not demand any of that revenue, instead thinking they could make up for it in merch

>>102654523
Wasn't that the original plan with Kizuna AI? That she was like 3 different actors behind the scenes

capcha: vsthot

>>102651165
You do know Musk owns twitter, right?

>>102691317
And that's why they can't do it no more

>>102657945
TDS really is fucking real, jesus christ seek meds and help and touch grass.

How does 11 million dollars just evaporate without internal suspicion?

>>102648612 (OP)
Gunrun didn't know how to handle a public company
Looks like relying too much on daddy Amazon fried his brain and made him to Bernie Madoff ponzi shit

>>102657945
Not paying talents is a major red flag that would instantly tank your stock anon

>>102691423
Nobody is there to tell management their 'good ideas' are not, in fact, good ideas. It's the opposite problem of what large corporations have, too much freedom.

>>102648612 (OP)
yeah man they could've
>just asked
for money

>>102648612 (OP)
Funny how the one company that WANTS to be bought out are ignored by Brave group

That or they saw VShojo secret financial records and they cancelled the deal

>USAID money stops flowing
>Vshojo goes under
I'm noticing

>>102654523
Probably why Holo created that whole affiliate thing. So that if a talent wanted to leave, they still have a way to monetize the IP

>>102674961
The road to hell is paved with good intentions.

>>102648612 (OP)
What >>102648982 said
But also pretending "talent first" guided their actions in any way, going public would destroy what was left of it
>our market research finds that you'll make more money if we stage identity politics on your cast, can you strongarm your talent into having pastel flag costumes and have Henya talk about asexuality?
>only 1 male in Vshojo? Lets balance that out with 10 gay men, 5 who're Somali immigrants
>in 2028 make sure they say orange man bad

>>102656368
>the graduated talents can even legally create a new character with a very similar looks.
How i wish we got Pomu 2
Made me obsessed with blonde hair red eyed fantasy women with caliphigian asses

>>102688252
and what was the point? What could the ads have possibly brought to the company?

>>102648982
fpbp

If anything, going public would put VShojo in a lawsuit way earlier because they will have to explain where all that money go without committing accounting fraud

>>102692592
>we see that you give your talent a 40% merchandise cut. But do they need that? Do 1% like Anycolor

>>102692776
Nothing, but apparently Gunrun and whoever else thought it's necessary to get word out into the public in Japan. Nevermind that vtubing is a mainly online business.

>>102692776
It was targeted to poach holos and nijis by promising that they'll get more freedom in vshojo
Unfortunately the only ones who fell for it are kson and pikamee

>>102648612 (OP)
Going public costs a lot of money and if you don't have multiple rounds of funding behind you (looks like they only had one) few people will be interested anyway.

>>102648612 (OP)
If they went public everyone would know how shit their financials actually are and they would've imploded even earlier