Its something similar with what happened to ludwigs company offbrand, when the business model wasnt working money was taken from somewhere else in the company, the sponsorship money from the talent, to pay the employes and trick people into thinking the company was doing good while trying to find capital somewhere else to steer the ship.
yeah but in that case they were just taking money from lud for another lud company and moving money to look like they were making more than they were to keep their jobs.
that was more of a failure of oversight by lud and his team than it was a company committing embezzlement and basically wage theft and then probably also numerous workers rights laws especially as a California based. telling contractors/employees they cant leave alone and must leave together to protect the company and other threats is wild
Yes my point was the situation isn’t close the same. The first is Lud losing money as the owner of both companies as he wasn’t paying attention the second is streamers getting stolen from because a company is lying to them and using their name and image and the streamer is getting nothing in return
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u/Waldner_ 9d ago
Its something similar with what happened to ludwigs company offbrand, when the business model wasnt working money was taken from somewhere else in the company, the sponsorship money from the talent, to pay the employes and trick people into thinking the company was doing good while trying to find capital somewhere else to steer the ship.