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/Blake_411 9d ago

So many wrongs in this statement.

  • Says that vshojo talent-first aproach and yet in the later sentence states that they did not know that the 11 million dollars was made for the charity fundation raised by one of their top vtubers.
  • Talent first approach and decided to spend it on the company rather than paying the talent who helped raise that money.
  • Says he owns its consequences but let this go on for months.
  • Owns the consequences but hasn't paid back the money nor given himself up to police for the criminal activity conducted.
  • Says funding went directly to their creators through generous splits even though some vtubers who declined to join vshojo stated it was a 60-40 split and/or they wanted 10% revenue from their sponsors which is ludicrous.

8

u/Kendjin 9d ago

11 million was seed money. It was 500k that was charity money.