https://x.com/VShojo/status/1948442574722924778
>>102654802 (OP)AND NEWWWWWWWWWW KWABOTY
>>102654802 (OP)sapplings are still kwaboty
>>102654802 (OP)AND NEWWWWWWWWWWWW KWABOOTY
GUNRUN
*sweet dreams are made of theses starts playing
>>102654802 (OP)Watch now how everybody doubles down on hating him.
>>102654802 (OP)>admitting to charity fraud lol, lmao hes so boned
so dummy spent the earmarked for charity money thinking he would fill the coffer back up from VC investment that never showed up lmao what a dipshit
>>102654802 (OP)>I've been doing everything I can to fundraiseHow about tell your intheknow face of the company ironmouse to make a fundraiser for the fucking corpo to stay alive?
The retarded simps would have paid it all and then some.
>>102654802 (OP)>Admits to embezzling charity moneyEnjoy the prison time fuckwit.
>>102654802 (OP)Can't wait for the criminal trial if he hasn't fled to a non-extraditable country yet
>>102654802 (OP)I'M NOT GOING OUT ALONE, BROTHER.
>>102654802 (OP)WAITER. WAITER PLEASE.
GIVE ME THE UPDATED CORPO DEATH CHART. YOU KNOW THE ONE.
so what actually happened? they just kept the money instead of paying people?
>>102654802 (OP)>TL:DR failed to generate revenue AKA not profitable
So the company is shutting down? Surely that means all the NDAs are null and void?
>>102654802 (OP)LEGALMINDSET CHADS GONNA BE EATIN GUD!!
>>102654802 (OP)>admitting to defrauding a charity to fund your dying company's last few monthsHe's going to actual jail over this
>>102654802 (OP)Who wouldโa thunk that a company prioritizing talents over profits would be a net negative venture lmao
11 MILLION IN DEBT
HAHAHAHAHAHAHHAHA
HOW THE FUUUUUUUCK
>>102654802 (OP)So this is how Talent Freedom dies... with thunderous applause
>>102655192almost no cashflow, couldn't get any new funding so they had to raid existing funds to keep the lights on and kept on doing it until it all collapsed
Never trust a pignoy with money.
>>102655019a classic case of cash gap
>>102654802 (OP)TALENT FREEDOM (to flee)
Well there you go, he's gone and admitted to charity fraud. An honorable choice, a very dumb one too, but at least he'll be behind bars while having a cleaner conscious. Also
>our funding went directly to our creators through generous splits
LMAO
>>102655192since they didn't pay talents it sounds like they spent all the money on operational/overhead costs and then also spent charity money with the stupid idea that outside investment would allow them to fill the charity account back up
>>102655192From what it sounds like he's talking a lot to say that they were deeply in debt and he spend the charity money hoping for the business equivalent of Steiners counter attack.
>>102654802 (OP)>It was an accident guys, honest. Man, is Gunrun fucked.
>>102654802 (OP)>Had Ironmouse and 11million >failsYet Phase Connect has Pippa and is still alive
So, who is worse: Niji or Vshojo?
>vshojo will not exist anymore in 2026
crazy world
>>102655192spent money on shit company didn't need, borrowed money, didn't replenish, took money from charity to pay debts, dead company.
This faggot belongs in jail
>>102654802 (OP)Kek who were the retards claiming that this business model was profitable?
What the actual fuck
Is this malice?
Retardation?
>Ozborne and Hogan died for this
Vshojo is the hulk hogan of vtubing corps?
>>102654802 (OP)>admitting to the crimeshould've fled the country and shitpost afterwards
can't beleive he killed HH and ozz
>>102655353Vshojo is worse. Niji's pay may be abysmal, but it actually happens.
>Admitting to charity fraud openly on The Website formerly known as Twitter
holy fucking shit
>>102654802 (OP)TALENT FREEDOM > CHARITABLE INITIATIVE > FAILED TO GENERATE THE REVENUE
MAKE YOUR "WORKER" WORK HARDER NEXT TIME RETARD
How incompetent do you have to be to waste 11 million being a vtuber company
>>102655361Who wants to be it was for his personal shit ?
>>102655367kson and various other anti-cover corp figureheads
> raised $11 million to build a talent-first, sustainable vtuber agency.
>The money went to creators through generous splits, IP ownership, events, and support systems.
bs! heโs also acting like vshojo drones are poorfags who never supported their oshi before that $11m
he had zen and ironmouse, two of the biggest (per watch time) vtubers in the world
he had mint in his back pocket, and he still failed, literally how , was the contract that bad for the corpo? did he just pocket it????
>>102654802 (OP)And then people wonder why corpos have splits that might at times seem unfair. It's very simple to understand, if the corpo has no money, nothing gets done and it eventually dies. Same thing might happen to VAllure if they don't play their cards correctly
>>102654802 (OP)this unironically reads like a suicide note
>>102654802 (OP)Why don't JP companies learn from Vshojo huh???
MUH TALENTS FIRST
So what is next for #1 Vshojo shill Kson after this?
oh no no no no no fellow Vsoykeks How could the heckin' wholesome Gunrun do this to us?!
>>102655193Obviously they're not making moneyโwho even cares about this company besides people chasing drama? Most of these girls are complete nobodies.
Gunrun here.
Mouse's pussy was not worth it
>>102654802 (OP)WHAT A CROCK OF BULLSHIT
WHY WOULD HE ADMIT TO CHARITY FRAUD AAAAAAAAAAAA THIS NIGGA CAN'T AFFORD A LAWYER
>>102655449they burned cash with great aplomb using an unsustainable "talent first" model that does not actually attract outside VC investment
>>102654802 (OP)>I failed, by the way investors of other corpos, I prioritized "talents-first approach and prioritize creators and community" so if you any of your talents in you corpo is doing that you will fucking fail so you better treat them like trash right nowLmao, imagine being a corpo Vtuber after this announcement
How do you fuck up not turning even a minor profit after getting 11 mil and being in charge of the easiest money vacuum program in existence?
>>102654802 (OP)Yes, Vshojo, which self-proclaimed as just a group of streamers, not a company, has admitted that they didnโt have enough money to sustain the business, all these small corpos out there will soon face the same fate as them, it's just a matter of time.
>>102654802 (OP)>"hey guys I didnt know that 500k was going to charity even though I run the company and all"what a bold face lie
you dont understand they NEEDED those train station ads
>>102655480I dunno if he's Japanese or not be if he is, he's probably heading to Aokigahara suicide forest as we shit on him.
>>102654802 (OP)>I later learned was intended for a charitable initiativeShe literally talked to him on stream during the subathon, the charity aspect was known and mentioned. Him being on SOTD along with Panini was a subgoal which he suddenly was too busy to make happen.
>>102655353Vshojo is just money, not sexual abuse.
>>102655562talent second, actually making money first
Laughing so hard at all the Vshojo fags here right now. All that shilling and moral grandstanding for nothing. Just another corpo ripping their employees off. LOL
>>102655413>still spreading 4chan rratsFocus on your sponsors, kson.
>>102655446Hope this is a good lesson that corpo cuts exist for a reason
>Phase wins by doing nothing
So the girls can break NDA now right?
>"I didn't know this money was for charity man!!! BUGGER OFF"
HEY WE REALLY TRIED TO SUPPORT OUR VTUBERS AND WE FUCKING FAILED BECAUSE IT WAS A WASTE OF MONEY!!! TREAT YOUR VTUBERS LIKE SHIT BECAUSE YOU WILL END LIKE US!!!!
>>102655250>THINK OF THE HECKIN SUITS
How much did he pay himself?
>>102654802 (OP)>which I later learned was intended for a charitable initiativeAssuming the chain of communication goes something like gunurun <-> manager <-> mouse, they are either really incompetent or full of shit
>>102655595Wactor haven't collapsed yet?
I give him one brownie point for admitting he was the villain. This reduces how bad he is by 0.001%
>>102655367She belived... LMAOOOOOOOOOOOOOOOOO
>business model
>don't create ip exlusive to the company
>don't create or buy assets
>spend investor money on creating IP that the company gives complete ownership to creators that can leave the company anytime they want
>primary revenue source is minimal margins on merch
hmm..
>>102655449didnt Kson say they hired like 3 bodyguards for her when she went to that first announcement event that she joined?
holding back on spending is NOT their thing...
>>102655605That's not hot so it's Vshitjo after all lmao.
They raised 11 million USD in funding in 2022. Did they get laughed at after every pitch to investors in the past 3 years?
Itโs sad to see it come to this, Vshojo really was a bright light in the abyss of black companies in this industry. A company that focused on talents before anything else, reduced to this
>>102654802 (OP)>Uhh I didn't know that money was for charity whoops tehe peroDYRBI
>All other small corpos will be dying soon after Vshojo.
Get fucked, westerners
>>102655552if you manage a company like this by the book, relying on loans and investment this happens
entertainment agencies must be managed with humility
also even if talents gets huge cut, you have to adjust stuff and merch accordingly so you don't go into red too much, they clearly poured money into something
>>102655621>>102655446Do you get paid to shill for middlemen?
332
md5: 8d0fff922432f7da4bd93f278f0d2ba4
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it still doesn't feel real that vshojo is gone like what the fuck
>>102655656didnt he also show up in the cyclethon chat also? how the fuck didnt you know?
>>102655681that's assuming that was the actual plan, what if the plan was just to get the vc money?
>>102655611Internet Explorer, is that you ?
Mint you stupid dumb bitch. You should have pitched your idol group idea to Kiara, who has all of HoloEN's management under her thumb.
>>102655656There's the heads of talent and funds between Gunrun and Mouse, assuming what he says is correct then it was that guy called Rio who spent the funds
wtf do small corpos even do. It's different for leviathans like Hololive who have the brand power, but why can't small indies just hire their own lawyers, managers, and handle marketing themselves like any other small business owner?
>>102655700We must double down and remember the self-evident truth: All corpos are bad. Total chuuba liberation, nothing less.
Turns out you need to know the first shit about businesses to run one! surprising that "good intentions" are not enough
>>102655192>pay California corporate tax>take a smaller cut from talentsHow did it fail guys?
>>102655658Isn't one of the talents like the creator's wife or something?
>TALENTS FIRST
>TALENTS FIRST
>TALENTS FIRST
>COMPANY FUCKING COLLAPSED
HAHAHAHAHAHAHAHA
>>102655681The plan was getting Ironmouse into the next Marvel movie after they sell to Disney.
>>102655486homer_simpson_crawling_back_to_mr_burns_thron_his_knees_through_a_doggy_door.gif
>>102654802 (OP)>talent freedom>explode
>>102655449Merch $200
Sponsors $150
Staff $800
Wrapped supercar $3,600
Utility $150
someone who is good at the economy please help me budget this. my company is dying
Cons: none
Talents first
Talent freedom
>>102654802 (OP)Did this nigga just admit to embezzlement
>>102655681they were also taking min 50% twitch sub sales and 5% of third party shit according to shylily when she tried to get recuited. which means the other girls probably took a worse deal than that.
>>102655775but vshojo pays taxes in delaware
>>102655169The Hulkster gave Vshoho one last leg drop before he went out.
>>102654802 (OP)3 meals a day and recreation yard play time ain't so bad its the anal rape he is gonna have to get used too don't drop the soap around tyrone gunrun you dumb boy slut
crazy how with somebody like Ironmouse at the head of the company they couldn't earn enough money to keep it afloat.
>>102654802 (OP)>Giving women absolute freedom is not financially sustainable Any married man could've told you that.
>>102655656>Assuming the chain of communication goes something like gunurun <-> manager <-> mouse, they are either really incompetent or full of shitMouse dragged him on stream during the subathon. He's full of shit.
Reminder that your idol is gangbanged by her executives nearly every day.
Why didn't Gunrun just have the talents open a charity for Vshojo itselt?
>>102655552>start during covid pandemic>get big numbers from people staying at home >scale up>pandemic over>numbers drop >don't scale down instead doubling down thinking you can get biggerits not that unrealistic add some idiotic spending like japanese advertisment which apparently costed them like 1 million a week.
honestly if he would not have fumbled the charity money and waited half a week to respond to all of this he could have looked alright.
>>102655681Merch makes a truckload of money if organized correctly but for then it didn't happen, for the entirety of their existence they struggled to ship stuff
>Holocucks and Phasetroons thinking that their companies arnt any worse
>>102655684hiring bodyguards for someone who gets death threats from chinks make sense
>>102654802 (OP)>cons: nothinglmao
>>102655842It's easy.
>earn $11 million>spend $22 million
Streamers have to unionize to prevent this kind of explotation. And create a culture where they speak openly, with each other, at a minumum, about compensation and other financal matters. This was only possible because of secrecy and pressure from management.
>>102655482KWAB: the vtuber
>>102655019Check kiting with talent earnings and charitable donations, brilliant.
>>102655449i'm actually struggling to figure out what their plan was to generate revenue in a meaningful way because at no point did it seem like they were actually trying to build a business that makes money
>>102655206That's not how NDAs work
I really hope someone archive this post multiple times because I can see the lawyer asking him to delete the whole world to hide that he literally admitted about the charity fraud
YOU HAVE A VTUBER WHO ACTIVELY ENGAGES IN CHARITY CONTRIBUTIONS WHAT THE FUCK DO YOU MEAN YOU DIDN'T KNOW IT WAS FOR CHARITY DO YOU NOT KEEP AN EYE ON WHAT THE GIRLS DO YOU FUCKING RETARD
>>102655250Prioritising talents over having a functional business model was only going to end one way. But hey, at least some kids said nice things about them on twitter for a while.
>Vshojo has died
Just died?
>Yes
Wow. I didn't know that. You're telling me for the first time.
>>102655883It's how they cope.
>>102654802 (OP)>>102654972Did the lawyer with the expired license check this document too?
>>102655690How do you burn through 11 million in 3 years while making money through two of the biggest Vtubers on a video platform? You average it out and that means they spent over 2.6 million a year. Unless the money never materialize, that is some massive overhead spending.
Donโt worry, everyone. We all saw this coming and have thus updated the chart.
>>102654802 (OP)>which I later learned was intended for a charitable initiativeWhere does he keep finding all these shovels?
The Soviet Union of vtuber agencies
>>102655595Vtuber corpos need to die already, at least in the western vtuber scene. They are just a hold over from idol culture in Japan, and with western vtubing moving further and further away from that, with an entertainer first approach. I don't see the point of them over a traditional talent agency, like Mythic, anymore.
>>102655353At least you could leave VShojo.
>>102655877It wasn't a million a week it was 20,000 or less. The million number that gets thrown around comes from Connor not knowin how to read kanji
>>102655193More like spending $11M in 3-4 years on ??????
There's no reason for a company of that size and structure to have expenses like that.
>>102655700No it wasnโt lol
>+500k added to the bank account
>"Wonder where that came from"
>
>"Oh well"
how is it possible to be this fucking stupid
>>102655910Troonionize
They arenโt steelworkers. All these ndas are garbage. Vshojo never had the money to sue them anyways. Neither does any other copro have the warchest for protracted nda lawsuits either. They can just say whatever if things are bad. That is if they werenโt chickenshit for months
>>102655883Cry it out sweetheart. You need it. It's been a rough couple of days for you.
>>102655461if Vallure can't break even with softcore prostitution then the entire industry might as well wrap it up
>>102656009because mythic barely does anything
corpos provide manager, lawyer, merch, legal fees cover etc etc
less headache for the talent
>>102655715its just business 101, where do you think Cover is making all its money from? or Valve? How many companies would go under if they tanked the tariffs too?
Company first then talent
Only idiots would do the opposite
stop with these 11 milion it was 4 years ago, if you pay 20 people salaries they vanish
>>102655486Well, she has the invitation to return to the dorito (:
We won
I donโt care about any cuck opinions โoh I feel bad for xโ
I donโt. Vshojo was the enemy of vtubing as it was meant to be and it died. Good
>>102655127Nothing will happen. Nothing ever happens.
>>102655760Both Nijisanji and Cover do not hire others ex talents after the Luna backlash.
Should have just stayed in Niji and do her idol shit instead of chasing the label of "idol group :O" and getting put as leader. People buying houses, paying of student debts, moving to japan and paying for idol projects while dancing on stages. Fucking retard.
>>102654802 (OP)there has never been a bigger pack watch more deserving than vshojo
i genuinely am so glad these fuckers actually are folding.
>>102654802 (OP)>written admission of embezzling charity fundsI'd ask if this guy's retarded but recent events have already proven that to me
>>102656100that's exactly what they did, and wasted all profits on the company, which gave them no returns
>>102655910Or they can bypass this shit entirely by being their own boss and skippin the agency part entirely
>>102655681It is impressive for how long they managed to last, guess that's what happens when you have 11 millions to burn
>>1026558943 of them for going on a surprise visit in USA? It wasnt announced she would appear even
>>102655924Uh yeah it is? If the entity is no longer in existence, all classification is null
>>102655727To me it feels like it never existed because it never did. It was an illusion
>>102656100But that's what they did clearly, given that they weren't paying the talent.
>>102655193they were paying 6 digits salaries anon. 40 people and had streamerparties in almost every con. They burned money like retards.
>>102655553The small corps all died aside from Phase. Everyone else is just Brave in a variety of masks.
>>102654802 (OP)Fun fact: You can snitch out Vshoujo to the IRS.
Form 3949-A is a general form for reporting tax fraud. Anyone can submit this, you don't have to be involved with the company in any way.
If you ARE involved with Vshoujo and actually know something, the IRS will reward you for snitching: Fill out and submit Form 211.
cover too would have gone bankrupt if it had not went public. vtubing is a failing industry.
>>102655958Which is hilarious cause all vtuber companies are greedy, itโs just that Vshitshow was retarded enough to let it get out of hand and wasnโt run by business savvy people
>>102655658They rebranded into 109 or something to try and escape the bad reputation
>>102655842Ironmouse knew and shaved money off the top for herself as well.
>>102655977They had 30 non talent employees and an office in california you do the math
>>102655182>>102655978Your updated corpo death chart, good sir
>>102656063It was from Twitch subscriber revenue from Ironmouse's channel wasn't it?
Itโs impossible to burn $11m(+years of fan support) in a vtuber agency unless youโre a corrupt politician
>>102655562slogans alone don't make a functional business, however hard you wish for it.
>>102655553There are no small corpos left old man. 20 small corpos full of 3views died within the past year. Only 2view microcorpos, phase, holo, niji, and brave remain
CRAAAAAWLING INNNN MY SKIIIIIN
>>102656162it was an event full of squinty eyed people. You never know from where theyโre gonna attack
>>102655842They weren't satisfied with her or VShojo as it was and it's obvious if you pay attention to what they were throwing a shit ton of money at. They didn't want to be VShojo, they wanted to be Cover. They wanted the Japanese audience.
>VILLS and the deal that lead to it>VShojo NEXT>The crazy shit Gunrun promised Kson "You want to be the first vtuber in space?">All the extra effort that went into Nazuna like live translations>All they spent on advertising those two with animations and fucking AX panels>The expensive ass subway ads in Japan>VShojo NOVA with their anime trailer and Iron Vertex rigged models and the UNIVOLT project when they were already fucking broke
>>102654802 (OP)Wait hold on a second
>Additionally, I acknowledge that some of the money spent by the company was raised in connection with talent activity, which I later learned was intended for a charitable initiative.So you're telling me he had NO idea Ironmouse, his most profitable star, was doing a charity event, and had NO idea she raised half a million dollars?! Holy shit no only is possibly going to jail for embezzlement, but he's gonna get his ass torn apart by lawyers in a court room.
GunRun was fucked already, now he's even more fucked then before. Also I do not think a lawyer helped him write this. Its clear he did this by himself without talking to his attorney, aka the one who didn't even have a license.
>>102656240phase connect is per its CEOs own words as of 2023 in the black meaning its making more money than it pays out
>>102655353>Niji>Black screen trying to slander talent who stepped out of the line>Vshojo>Black screen videos collectively clowning on company and being "LOL I QUIT"I am pretty sure the drama isn't over though, so it's too early to judge.
>>102656209DAMN why don't they just change the slogan to "Staff freedom" then? Wtf
It is a bit satisfying to put yet another โthing or person I had a bad feeling about for no reason at all that eventually turned out to be awfulโ under my belt
He's going to jail, isn't he
>>102655562To never trust a company, which you should've known already.
>>102655353Vshojo
AT LEAST I FUCKING GET PAID BY NIJISANJI
didnt connor say a few days ago they were constantly throwing huge parties or something?
>>102656045It's not that surprising, they had full time staff that were paying themselves tech industry wages for multiple years and were also burning money on luxury perks that were promised to the streamers
>>102655910Twitch partner contracts forbid you from disclosing your pay and share from subs to anyone else.
>>102656322i don't know anything about phase connect but Yagoo admitted that Cover had to go public or it would have disappeared.
>>102655486>cons of vshojo: none
I thought I hated Vshojo. But now I think they're based. A company that hired exclusively gross whores only to rip them off and never pay them. I kneel.
>>102654802 (OP)Justin will be remembered as a failure and a fraud.
>>102655413Would you rather get molested or not get paid. Or perhaps a mix of both?
>>102656181NDAs come with survivability clauses, anon
>>102656287Aren't V&U, Glitch Stars, and Specialite still around?
>>102656359She won as much as hulk hogan
Deserved for taking Pikamee away from me.
>>102656394yes. All the indies were enjoying the vshojo twitchcon parties and had no problems with the company until now.
>>102656305>So you're telling me he had NO idea IronmouseHe knew. He appeared during it. Was supposed to appear as a SOTD guest but suddenly was too busy.
>>102654802 (OP)>start with VShojo has failed
hmmmm
md5: 38f2309070c78090b55b55f54b4f3f36
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>I Used the money that was for charity to keep the lights on
>BUT I DIDNT KNOW THE MONEY WAS FOR CHARITY
The money was raised during a charity stream organised by your top talen. Youre telling us you didnt know this happened or that Ironmouse did it?
>>102655081>>102655083sorry but this is holoboard
>>102656367At the very least he will be becoming very intimate with this inside of a court room
>>102654931>>102654954>>102655075>>102654934>>102655234>>102655916QUICK
WHO ARE THE CANDIDATES OF KWABOTY THIS YEAR
>KEKLINGS>VSHOJO>ASTER WHO ELSE
>>102656381You get paid by nijisanji?
>>102655192This is what happens when 80% of the whole corp doesnโt stream
>>102656411Words fitting for Kojima the communist hack.
>>102656480Vshojo. This one is legit a death knell.
>>102656460For privacy reasons Ironmouse's twitch money goes to VShojo before going back to her so if he was dumb enough to say that she would win the easiest lawsuit in history lmao
file
md5: 5dd0210a8a0e3c69c6b36cd80afc06e5
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NOT EVEN THE CEO KNEW THEY WERE STEALING FROM TALENT! NOBODY KNEW! IT WAS JUST A BIG OOPSIE!
>>102656191Not an ex-Nijisanji talent.
>>102656480FORGOT TO ADD
>SINDER>TONY KHAN
>>102656453But he's saying in this that 'I later learned" it was intended for a charity cause. A lawyer is gonna see that he was present on Mousey's stream. Did he not run this by anybody?
>>102656045marketing/advertising is the best way to blow money you want gone NOW
>>102656427They also cannot be enforced when actual crimes have been committed, you idiot.
>>102655978If 3AM is here, why aren't Vchiban and V-Dere?
They're the same kind of thing
>>102654802 (OP)In other words he's gonna dip and dodge the debt collectors and that charity money and backlog of unpaid checks are never going to be seen again.
>>102654802 (OP)i hope this faggot gets killed by debt collectors
>>102656427that's true but i doubt vshojo the bankrupt company would be able to hire a legal team to enforce the NDA at this point
>>102655562You need more than "good vibes" to carry a company
>Burned trough 11mil in 3-4 years
Those Japan ads really paid off...
>>102656411Now that you describe it that way, Gunrun is fucking based. Getting rich off e-thots and essentially just being a pimp
>>102656480Nijisanji still has plenty of time to fuck everything up
>>102656481Brownoids do get paid to clean Niggisanji's cock clean for Rikunt that is a fact!
>>102656566when did vshojo have good vibes?
>>102656480there's no other real contenders, everyone knew NEXAS was doomed from day 1 and niji's reputation has been in the dirt for years
KWABOTW
KWABOTM
KWABOTY
KWABOTD
>>102654802 (OP)This is another pros joining vshojo
>>102654802 (OP)>Tries to claim he didnโt know the money was for charity
>>102656323Is this how mintcucks cope? Your whore outed herself as serial liar and an incompetent retard.
>>102656559He's gonna get killed in jail.
>>102656281it's really not that hard to spend that kind of money on advertising if you are retarded
they had full panel ads in shinjuku station
https://www.youtube.com/watch?v=48ukZNckpyg&t=338s
>>102654802 (OP)https://www.youtube.com/watch?v=ZomwVcGt0LE
>>102656607basically, they are the avengers of vtubing
>other twitch founders became blockchain shills and made millions
>gunrun went all in on making a company with no plans to generate cashflow
gunrunbros..
Let's see if vtuber fans have the ability to process the concept of a failing business, something that happens all the time
>>102656427When the company does illegal shit like withholding payment of employees and not providing raised money for charity, itโs fucking void you uneducated retard
>>102654802 (OP)How does one fuck up this hard
>>102656533These "awards" are al paid for too btw.
>>102655310Need a gunrun edit of the downfall scene for this
>Gunrun...>The money...>The money we spent was from Ironmouse's charity fund account>It was never refilled>...>[glasses off]>The following, remain here
>>102656535Everyone knows that. She's from Brave Group, which is a much bigger company than Anycolor.
>>102656411the only casualty here I care about is Henya, everyone else can get fucked
>Vtubers are easy, just pay them.
>>102656381getting steam gift cards to make retarded posts on /vt/ doesn't count as a job
>>102654966>Admits to stealing charity money, not paying the talents, and blowing through 11 million in a couple years.>No mention of paying anything back or making things right, he's just going to shut it down and leave.Yeah, how could anyone possibly hate him? I mean, he said he was sorry, that makes it all better!
>"We operate on trust in this company"
>die
>>102656229I'm legally stupid, but I don't see how this embezzlement has to do with tax fraud in specific. If it does have something to do with it, then by all means, someone should contact one of the former talents about this opportunity.
>>102656460He's just trying to cover his ass legally. The only defense he's going to have for the charity money embezzlement is it was a misunderstanding or mismanagement and not intentional or deliberate. Which I bet won't hold up under scrutiny. He's fucked.
https://x.com/ironmouse/status/1948451769001951281
oh she's going to scorch that fucker
>>102654802 (OP)WOLF OF WALL STREET 2: THE VTUBING BOOGALOO
>>102656045Cdawg calculated the cost of their shibuya station advertising and for a week they spend over 1 million because they bought out every ad on the pillars in the station for a whole week.
that kinda shit is what sank them, the CEO was in love with the big advertising and the big displays instead of solid business
>>102656592>>102656588>>102656577>>102656519>>102656689UPDATED LIST FOR KWABOTY 2025 /VT/ VERSION
>VSHOJO>ASTER >NAPLINGS>SINDER>NIJISANJI>TONY KHAN>KSON>KEVIN NASH>SARUEI FANS
"We tried to make a talent first approach but we failed to make any money from that model"
UHHHHHHHHHHHHH YA THINK LOL
>>102656673if anything proves you right its filians gay little vtuber awards show deleting best agency for the next one after this
>>102656301The subway ads make me think this is all just incompetence. Desperately trying to grow the company and market it to a wider audience and hoping itโll work out.
GunRun? More like BuckRun.
>>102656652what a disingenuous post
Process my cock in your ass banchod bloody bitch
>>102656703Verbal contracts are common. You'd know this if you weren't a tourist.
>>102655449embedmouses viewers are fake but none of that matters because they took 0% of on stream revenue
They never had a plan to make money it was just Silicon Valley leech off VCs and accumulate debt until the underpants gnomes save you strategy
I find it funny they knew they were burning money like this and Geega was saying she was trying to help them actually manage the books but they didnt give a shit LUL
this is what happens when you have a fan run an actual business instead of actual business jews, it speedruns cashburn frightens away VC and folds
This means all the whore tubers will vanish right?
>>102654802 (OP)>oops, I accidentally spent the charity money
>>102656549>>102656668Zen literally just said minutes ago "her" NDA is still active, you uneducated retard
>>102656566That's like 90% of AI startups right now
>>102656618Sister, you should be nice if you want Mint to vindicate Negrosanji.
>>102656607>>102656703>Legal support>Said support are dog shit contracts that wouldnt hold up to court scrutiny
>>102656639They had plan: Merch.
But the VShojo store extremely bad when it came to order fulfillment, so obviously fans start to avoid it, if the merch they ordered more than a year ago doesn't arrive.
And they weren't really consequent in fixing these issues.
>>102656708Damn, Ironmouse really pulled the good ole' fascist italy manouver from WW2. Change the side when you appear to be in the losing team.
well phasegods we are officially the second best corps now
>>102656429V&U is korean so I forgot they exist.
Specialite and Glitch Stars are microcorpos. Variance showed promise but they debued just before the double vshojo/nimi atom bombs dropped so their attention and momentum has been snuffed out.
>>102656721Connor is a retard that can't read japanese and got the numbers wrong, it was 13-15k USD (which is still retarded)
>>102654802 (OP)lol so many kids in the thread that has no clue how business works. Personal wealth and corporate monies are completely separate. The money that went down the drain with vshojo is never coming back, gunrun won't have to pay a single dime. At most he might have to pay some legal fees to protect his ass from silly civil cases if any of the stakeholders want to pursue, which he can more easily do with his wealth as one of the early employees at twitch and also likely pocketed significant capital from vshojo as ceo paycheck.
>>102656749>Verbal contracts are common.yeah in SCAM LAND
>>102656577Why's he coming up for 2025? Wasn't his year 1992?
So basically, all Vshojo whores canโt make enough money. Gotta choose your talents more carefully instead of making all nepotism hires
>>102656409Because VC money, either public or sell the whole thing, not because they werent making money
>>102655978Didn't Idol just rebrand?
>>102656705He appeared in the charity stream. He's cooked
ngl, if I could have my own harem of vtubers and barely get around to paying them I would. Iโd be forcing sex favors to think I give better treatment to some, while still get sex with everyone
>>102656721typical start up folly?
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>>102656045>More like spending $11M in 3-4 years on ??????
I think the NDA thing is just a smokescreen for talents not wanting to talk about the company pending any potential litigation where they could be subpoenaed and/or deposed
>>102654802 (OP)I hope he kills himself
>>102656704Because it was charity money. Don't know about other countries but you can get writeoffs for charity work/donations in the US. If they filed the money as charity on their taxes and then didn't actually pay it out to the charity it becomes tax fraud.
>>102656819Connor maybe a retard and a leech, but he does care about what's going on.
>>102656858yeah it's common in startups that huff their own farts and want to flex how great they are
>>102656607How can a woman be this dumb?
>>102656805It was a charity she set up. why would she resume supporting vshojo after pulling a completionist on her
>>102656847everyone went active on their pls, the ceo quit and sold the company, a big chunk of them graduated at once, and then the new holding company that owns them rebranded what was left
>>102656749Verbal contracts are an unenforceable meme everywhere except the anglosphere
>>102655878>Merch makes a truckload of moneyif what they're making merch off is valuable in some way
yeah
>>102656806Being #2 doesn't mean much when there are only 2 left
>>102656480Gotta be Vshojo. Never seen someone jobbing this quick.
>>102656817Glitchstars is not micro, they're mostly 3 viewers
>>102656551>They're the same kind of thingWhat do you mean? Did they rebrand?
WHRES MY FUCKING HENYA MERCH GUNRUN
>>102656749>Verbal contracts are common. You'd know this if you weren't a tourist.How to spot the zoomer nigger retard 404
Talent freedom. (of money)
>>102656670By listening to the cocaine fueled ideas late at night. But mainly and mostly doing lots and lots of cocaine
>>102656879Makes more sense to me. I'll see if I can get in touch myself.
kson sold everyone a lie, she's complicit in this.
>>102656750This, this is just your typical tech startup type company whose sole goal is to pay themselves fat salaries until VC money runs out and then hop on to another company and do the same. It's super common.
>>102656806Second place is the first loser.
>>102657002retarded chink
>blame VShojo
>donโt blame their non-profitable incompetent streamers
thatโs not fair
>>1026553532% is better than being in debt
>>102656409Because of the type of seed investment cover had, after 5 years it either had to repay the investment plus interest, or else go public and hand over a sum of stocks worth that amount. Cover was also profitable at the time it went public, and obviously continues to be profitable.
>>102656847And they've put their new brand in the 2025 debuts
>>102656870I think itโs more them trying to drag this shit out, bascially just drip feeding content. โOh I canโt talk about everything, but hereโs some information.โ And just keep dropping more content over time to maintain engagement
>>102656704If you raise money for a charity and then don't give it to the charity that is fraud and is punishable by 5-10 years in prison in California
I doubt they get a hash sentence but this is legit criminal fraud
>>102657046>le blame le victimsPeople in here are even dumber than I thought
>>102656954As in if you're considering 3AM a corpo (a company owned and run by the talent themselves) then Vchiban and V-Dere should also be on the list
>>102657046FUCK OFF. THIS IS ON HIM. NOT MOUSE. HIM.
>>102656607man this image age like milk
So Kson famously shilled the fuck out of this company, getting Rushia into it and essentially starting the JP branch, only to backtrack once shit hits the fan lmao. Bugmen were right
>>102657100same niggers that thought Fauna was their girlfriend
>>102654802 (OP)>VShojo is shutting down
>>102656831>>102656939>>102657030Seethe more nijikeks
Jumping from niji to vshojo makes you as dumb as your oshis
>>102655192No.
Its the opposite. You hire too many people, and pay too much for projects.
If you stopped at Merch, Sponsorships and Concerts, it would most likely have been profitable, but they would not have been able to hire on as many people as the friend circle running the company wanted.
Then
>>102656721>>102656868And those are not unique.
Anon(s) talking about VC tech startup is correct. The goal was always to burn money and see if it panned out, not to make a functional enterprise.
>>102654802 (OP)>kills niji and holo by poaching a bunch of talents>dies before they even get a chance to debut
>>102657061Ahh, didn't catch that.
Still seems weird that Idol is labelled as "closed" but I guess it maintains the integrity of the chart.
>>102656607theyre all dumb women who bought into the TALENTS FIRST YOU'RE ALL PERFECT PRINCESSES WHO CAN DO NO WRONG HERE LETS MAKE THE VTUBER WORLD A BETTER PLACE
Let this be a wake up moment. Life isn't a fairy tale. It's a shit sandwich. And the more bread you got the less shit you taste. Promises and good intentions don't put food on the table.
>>102657133Good chance she's gonna run back to Hololive
>>102657180he says while jumping to phase
I'm just happy that this means Senpai Squad's relevancy will die too. Their CEO is also scum and I always wondered why Vshojo would want to be associated with them. Makes sense now.
>>102657215>kills holo [citation needed]
>>102654802 (OP)Where is that fag that celebrated Vshojo's win when Gura announced her graduation from hololive?
Where is that fag now? I wanna see his reaction
https://youtu.be/9NHHWu3FsHw
>>102657276That would actually be fucking awesome
>>102657264This. VShojo spent all their money on making their whores look flashy. Now bankruptcy is the end result
>>102657276Never happening
>>102654802 (OP)Deserved for hiring Mouse grifter and tranny Zentreya. Rest in piss
>>102656631you always use that as an example, thatโs Japan, a fucking yen country! that ad didnโt even last a month. a quick google shows that a prime station-wide campaign in shinjuku metro costs around $35K / 5m yen for a week. Mousey could earn that in a few stream of sleeping
That's the reason for the poaching strategy. That nigger was essentially turning it into a ponzi scheme. Use the hype this old new talent would bring to pay the other girls or just staff and keep doing it until this was found out. So essentially when it turned into a pyramid scheme it was assured their downfall as Gunrun essentially had no way out unless he would have successfully poached Gura and potentially all the revenue she would have brought.
>>102657002Don't let Ksonfags bury the truth
>Phase is now the biggest Western HQ'd vtuber corp
Was someone sacrificed to Moloch for this to happen
>>102657317VSHOJOU TO THE MOON!!! C'MON BROE!!!
If kson returns to hololive, the whole world will be reminded how powerful chinese are
>I'm sorry>yes I took money from our talents' revenue>yes I took charity money>b-b-but I swear we were going to earn it and pay it back>w-we are cool right? I said sorry>return it? Why? I already said I'm sorryAt the this actually was a failed startup scheme, make 11 million and still implode on incompetence
KEK
WHAT
A
BITCH
>>102656480Boardwise? Nothing tops vshitshow
Sitewise? It's either this or tony, but holy shit we actually have a contender for tony now.
>>102654802 (OP)My heart will go on.
What's gonna happen to the Vshojo JP girls who got some kind of music deal with UMG just a few weeks ago?
>>102657276While funny I doubt it
>covid lockdowns hit
>government floods the market with damn near 0% interest rates so the economy doesn't collapse
>vtubing takes off
>venture capitalists basically have free money during this period, inject massive amounts into this space
>we got like 80 fucking english vtuber corpos from all this capital flow
>covid lockdowns and the free money exploit that came with it eventually ends
>corpos cannot adjust to the sudden monetary squeeze
>they either sink, grab a miracle and find an angel investor or twelve, or do illegal shit to tread water
I'm surprised it took this long for some big group to get hit with embezzlement. Makes me so curious about Phase Connect's coffers, since they're one of the last EN groups standing.
>>102656749When I was in training for business (not college degree, but employment paid training from a third party to get a certification) there was an entire class around spotting red flags in contracts and fixing fuckups. One of the first things they taught was to never ever trust a verbal contract or handshake deal. It doesn't matter how well you know them, how good of buddies you are, or how good their reputation is. If money and payments are involved always get it in writing.
>>102656229I doubt the IRS would bother at this point if VShojo is insolvent. Like yeah you can issue a bill but if they can't pay it you're just paying an auditor to file paper work.
I'm convinced they were always betting on the usual tech startup strategy of "I really hope someone buys this company before I run it into the ground". They never wanted to make it actually successful, just to look successful
Crazy how this would be the biggest KWABOTY if it isn't for Nimi
>>102655978Damn I haven't even heard of most of these
>>102657434You mean the same chinks that are kneeling and begging for Hololive content?
>>102657276she isnt making it back. Hololive's days of being otaku is over unfortunately.
>>102655823When did the Shylily thing happen? Maybe at that point they realized they were sinking and that's why they tried to rob her blind with that contract.
>>102656607so what "talent freedom" type of content she ever did in vshojo
>>102657479phase is canadian and the ceo made money from crypto, also from what I heard a good portion of income is coffee which can be easily sold because it doesn't count as food and is a good money return
>>102657507Nobody cares about you cucks, fuck off
>>102657385>Mousey could earn that in a few stream of sleepingvshojo does not make money from mouse's streams, are you retarded?
Which ones are going to become full time whores?
>>102657531The freedom to watch Youtube and do reactslop on stream. That's literally it.
>>102657479Fishman was already rich when he started Phase. Its clear he knows how to handle money.
>>102657531She....the important thing is that she was free, ok?
>>102654802 (OP)>>102655416>If they decide that this is wire fraud he's going down for up to 20 years. He's so fucked it's not even funny.
Okay so it's a bit funny.
>>102656728>>SARUEI FANSnow what?
>>102657442Your oshi fell for him.
Biggest bitch of the year.
>>102655633>Phase winningbro, the shambling corpse of nijiEN is more relevant and profitable than your corpo
I never get the unwarranted self importance you fags manage to muster
>be vshojo whores
>dont stream
>take salary
damn life is so easy
>>102657505Elon buying Vshojo would be the funniest shit ever someone tag him
>>102654802 (OP)From 1~2% to 0%
Kson was really lucky
>>102654802 (OP)HOLY SHIT HE JUST ADMITTED TO CHARITY FRAUD AND STEALING FROM THE TALENTS
IT'S UNIRONICALLY OGRE LMAOOOOOOO
GUNRUN ON SUICIDE WATCH
Saba/Gura follows this guy on twitter, btw
>>102657531they all work for free since last year.
>>102657399The rrat that he was close to poaching Nimi and Saba would be especially funny in this scenario. Where all of his problems were about to go away until Ironmouse started asking questions.
>>102657631but they weren't getting paid tho. that's the whole point
Maybe the problem is not the companies but women. Women are the worst. They ruin anything they touch and lie about everything.
>>102657651Fucking retard.
>>102657631other way around
>stream like normal>don't get paidso why stream
This thread proves that people are just unbelievably retarded. The talents had income. The money that was stolen from them was the merch and sponsor money that was owed to them. Their normal income from bits/subscriptions or whatever else did not have a cut of the profits to vshojo.
>>102657599And why is that her fault, sister?
>>102656728What happend with Saruei ?
>>102657505Bleak how that's the dream for so many people now. Don't necessarily make a product worth selling, create the facade of a product worth selling that you then sell to some wealthy rube to deal with.
gunrun is like alphys but evil
>>102656683Anycolor is actually bigger than Brave still;
and the whole gentlemens agreement thing is unique to Anycolor and Cover, on top it being conjecture anyway
>>102657674Not until they went bankruptcy. thatโs the point
>>102657579did I fucking stutter? It just means 35k is a penny compared to 11m. fucking dimwit
"Funny" thing is that ironmouse might be the person directly liable for the charity payments and she has to demonstrate best effort (leading to her suing the corpo) to dodge possible legal trouble. Depending on how her contract with vshojo was worded she might end as a unsecured creditor.
MOUSE, WHERE DID ALL THE MONEY GO?
>>102655206>>102655924>>102656427when one of the signing parties to an NDA has been dissolved, they're no longer able to take action to enforce their end of the NDA. the talents will be able to talk freely about Vshojo, as it will no longer be an entity that can actually do anything to stop them. whether their NDAs cover specific claims against specific individuals is a different question, but I doubt Gunrun is going to be pursuing legal action from jail.
>>102654802 (OP)Nimi deflection thread
>>102657399>essentially it was essentially essential that it essentially...
>>102657806If so, she can simply claim that due to her severe illness she did not have the mental capacity to understand what was going on and that a rich man took advantage of a sick Latina woman.
>>102657863Enjoy prison, Justin
>>102657806You do realize that mouse is like, the face and patron saint of the charity at this point and literally just raised over a million dollars for them in a couple days. Are you braindead? You have no clue what you're talking about.
>>102657841Companies rarely dissolve though - after a "limited" bankruptcy there might still be a vshojo, even if it's owned by someone else.
Whether the NDA shit is still enforceable is a moot point because everyone in this industry is a chronically online attention whore who will inevitably leak details for clout and content, their attorney's advice be damned
>>102657133She didn't "backtrack", she crashed out on twitter talking about what an idiot she was for falling for it
So is Phase now one of the big 3?
>>102655353I consider Nijisanji worse, at least Vshojo doesn't take their IP so they don't have to start again from zero
>>102657455About to get fleeced by UMG and left destitute in a storm drain.
>>102657997No. The replacement is Brave.
>>102657599>having an oshi
>>102657479Fishman warehouse meme will remain rent free for a reason.
>>102657923Looks like I know a whole lot more than you. She can be the face of whatever she wants, but she solicited donations and has the legal obligation to ensure they (those particular donations) go through. You can't substitute further promotion in lieu of payment.
>>102657997vshojo was one of the big 3?
>>102657923If she did have something to do with this theoretically, it doesn't matter what sweet facade you put on.
>>102658114>If she did have something to do with this theoreticallyYou are so unbelievably far gone kek
>>102658105In her defense, and lets just say you're right about this, she could try and say that because of her illness that is basically killing her, she lacked the mental capacity to understand what was going on and thus was taken advantage of.
>>102655353What is vshojo? Who who? Do they even exist? What members do they have? Who where?
Kson and Mint exposed as lying grifters
>>102657997Feels like we're in more of a Coke vs. Pepsi scenario with no third.
this is why you dont let your talents keep their ip
>>102656749Yeah, and they're worth less than the paper they're printed on ;^)
>>102655595>NOAWait, really? Didn't Sayu join recently?
investing into VShojo JP was a mistake, should have stuck to the EN-sphere instead of trying to muscle in on the Hololive/Nijisanji bubble.
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>>102654802 (OP)Female browsers, contact me on Discord. Tag: tchy0nn
videogames, anime, and all artistiic and creatiiveโwhether it's loIi, Pokemon, Fatte, Dragon Quest, Limbus Company, Bravely Default, Fire Emblem, /m/ series, Kemono, SMT, Mega Man, Monogatari, RWBY, Digimon, Disgaea or series like , Sonic, 3D SFM, Castlevania, Touhou,and more.Danganronpa, Monster Hunter, Final Fantasy, and more
>>102657133She really just wanted to love this company so much because of what happened with holo but then reality hit her. I wouldnโt be surprised if sheโs on some kind of meds or antidepressants
>>102658221Vshojo JP was actually profitable
>>102656819>13-15k USDOnly 13k to rent the entire busiest station in the area? Bullshit, we could crowdfund KWABOTY ads for them there if it was that cheap.
>>102657599Where's the money gunrun?
>>102656766Pretty sure they'll continue to do just fine. Deal with it idolfag.
>>102658105I don't think you even know what the meaning of a donation is.
>>102656639He wasn't a twitch founder you got tricked lol
>>102657923Its not the charity that would order this, once vshojo goes insolvent it will be handed to a federal agency who will be required to do whatever is possible to pay as many of the outstanding debts as possible. That said, mouse would not be liable because she already did her duty when she handed over the 500k.
>>102655595I miss my Tsunderia and Prism threads.
>>102658221Nagi is cute tho
>>102657997uhhh i guess, but if we're counting all corpos and not just western then not even close.
>>102658362Reimu is on her way out, what's the point of defending them now?
How is Matara always right
>>102654802 (OP)No one cares about your excuses gunrun. you're a criminal and you should be put in jail and be raped daily by bbc
The third biggest vtubing company being wiped out of the face of the earth in 3 days is kinda insane.
>>102656381you don't even own your avatar
>>102656381I don't think cum counts as payment.
>>102656707me. i was jewing everyone, even myself
>>102658164She is making her lawyers send letter to vshojo, which is the point that makes it funny. Even if the contract protects the company from being implicated in charity fraud, they effectively forced their biggest talent to sue them.
>>102658433mata was only mad because they didnt know how to manage merch.
>>102655206Depends.
NDA's need someone who enforces them, i.E. someone who will sue the offending party.
The NDA would count as a company asset, so it depends on what happens with the company assets.
Also an NDA can only restrict people in a reasonable manner. So speaking out about crimes or contract violations are unlikely to be enforceable. Also they didn't fulfill their side of the contract, which weakens their stance even further.
>>102658452This guy is like Charlie but even worse
>>102657494Oh, they'll not only bother, they will shove their way to the front of the bankruptcy line. What's more, now that Gunrun has publicly admitted he yoinked 500k off a charity, they will likely try to pursue him personally. Maybe he can't pay them all the penalties and DAILY COMPOINDING INTEREST, but they'll attach themselves to any income stream this guy makes for the rest of his life.
>>102658615Ludwig is a scumbag, but he's also insidiously smart.
>>102654802 (OP)Kek What A Bitch of the Year
>>102657806okay but she just raised more than 2x that amount now so shes good.
>>102658672Not how it works
>>102658649At least Ludwig had the decency to kill his failing company early instead of stealing charity money to keep its corpse afloat
>>102658462On the surface it seems surprising yes. But truly it was collapsing in on itself for a long time.
Huh, seems like running a successful corpo is a bit more challenging than just shitting on the big players and promising the moon to your talents. Who could have known?
tony
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>>102657732Just an MMA fighter that got absolutely BTFO years ago, picrel. Career ender and all that. Tried to come back this year, talked big just to become everyone's bitch. And yet he still is talking big.
>>102655883>everyone is as badRelativists get the cuck corner
>>102658462Should have been wiped out last year with all the other failing corpos
>>102658354The moment you say the donations to you as a streamer are going to be sent to a charity you take on the legal obligation to actually send them to that charity (with possible criminal charges if you never intended to do that or was negligent). The fact that the money was "donated" to you doesn't matter.
>>102656893>How can a woman be this dumb?>womanThere's your answer
>>102654802 (OP)It's so sad, if only he had kept the financing in line and paid people then Vshojo would have been one of the better companies...
>>102658819>Tony FergusonFUUUUUUCK, he was my favorite back when I was still into MMA
>>102657997VSPO, so Brave.
>>102656411Based
Hope he escapes to Monaco with the money
>>102658807#lessonslearned #foundermode
>>102658796I still think the way he lost his company is so stupid. What do you mean you don't know your own finances?
>>102657426no, western girls are just entitled cunts who'll abuse and suck their corpo dry so there's simply no way to survive unless you're an experienced chinese scammer
>>102658936There was no money to pay people. This business model was never viable. Once they burned through the money paying 30 people 6 figure salaries in california + the overpriced/ineffective marketing, the only thing left was charity cash
>>102654802 (OP)This is what happens when you waste all the money in expensive and retarded marketing campaigns like the "talent freedom" one
>>102657518>Kson>otakuShe's barely a vtuber anymore
>le gunplaThat's a different kind of otaku and many normalfags also are in that kinda of thing, just like Warhammer in the west
>>102654802 (OP)So he gets to keep the 500k?
>>102659146>30 peoplewhy do they need that many people
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>>102658282It costs 400k yen (2.7k USD) to rent a pillar for a week and 2M yen (13.6k USD) for all the pillars for a week, Connor just can't into kanji despite living in Japan and read 40ไธๅ as "40 million"
>>102659249They were multiple millions in red, the money wasn't there and the 500k was likely used to pay older obligations.
>>102654802 (OP)>ADMITTING THEY SPENT CHARITY MONEY FOR THEIR OWN EXPENSESThis man has NOT consulted a lawyer before writing this half-assed apology.
>>102659355Gamerrrr backpacks
>>102657479Phase remains because it's financially stable and has a business model of not spending beyond their means. Fishman talked before about how they seemed so cheap the first couple years because there was a big focus within the company on becoming cashflow positive and paying their loans. Fishman was also wealthy before starting the company and didn't need to heavily rely on a bunch of venture capital or outside private investment to pay for things.
>>102659249it's long gone, all of the other money is probably gone too
>>102657276lmao she's never coming back there. not even if Yagoo invited her back.
>>102656381Reimu or Enna? Bets are open!
>>102654802 (OP)requesting a happy merchant edit for gunrun and melody
>>102659278They didn't it. One of their many poor decisions.
>>102659293I hate vshojo as much as everyanon, but this was so retarded. One incompetent person does a bogus calculation on livestream and this gets perpetuated through videos with multiple millions of views.
>>102659442>>102659352So how much money does the company owe to the girls?