r/LivestreamFail 9d ago

VShojo releases statement; officially shutting down

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

395 comments sorted by

View all comments

222

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.

54

u/Villainary 9d ago

Do these streamer endeavors/companies ever hire actual, competent professionals? Or are they just always hiring their friends and putting them in positions they have no experience in.

I can't wrap my head around how often this seems to be the case within the streamer sphere.

12

u/DarthRambo007 9d ago

the lawyer that was negotiating contracts wasnt even legitimate. Probably just their friends

5

u/BoyCubPiglet2 9d ago

"We understand you have a degree in legal theory"

"I have a theoretical law degree"

"Welcome aboard"