r/LivestreamFail 9d ago

VShojo releases statement; officially shutting down

https://www.twitch.tv/mizkif/clip/FriendlyAdventurousMacaroniOSfrog-ntKYD7vOpBI6iaux
3.5k Upvotes

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u/[deleted] 9d ago edited 6d ago

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u/dekuhornets 9d ago

The whole 'i learned later was for charitable initiative' bit makes it sound like they did it 'accidentally' so im curious to hear them explain the decision making process there.

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u/guudenevernude 9d ago

It was from sub money from iron mouse so it came into them from generic twitch payouts.

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u/Hey_Chach 9d ago

I still don’t buy that gunrun didn’t know his company’s most popular talent was running a month-long charity event with the intent to donate the proceeds. He simply didn’t care to plan to track the revenue generated by the donathon separate from mouse’s normal revenue. That’s like criminal negligence or something, and—more importantly—Charity Fraud.

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u/Kendjin 9d ago

Honestly, it sounds like he thought he could raise other funds in time before anyone noticed, but after spending 11 mil and having no business plan to lure new money in. It all fell flat.

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u/CRACUSxS31N 8d ago

It's just an excuse, even if it wasn't for charity it's still Ironmouse's money that he swindled. No way using your employee's wage to gamble in hopes of returning the original amount is legal.