VTuber CEO Admits To Spending Charity Money As Agency Implodes
Figured this was safe to post since the story was breaking containment and the CEO admitted to misappropriating charity funds on twitter.
Earlier this week, popular VTuber Ironmouse accused talent agency VShojo of failing to pay out money she was owed, including over $500,000 for charity as part of a record-breaking Twitch subathon last fall. Now, VShojo has revealed it’s shutting down after failing to raise more investment funds and the CEO has even admitted to spending some of the charity money on trying to keep the business afloat.
https://kotaku.com/ironmouse-vshojo-vtuber-charity-funds-statement-1851786923Open linkView original on kbin.melroy.org120
Comments9
It gives me no pleasure to learn that the business imitating japanese idol agencies was abusing their position and financials in relation to their "talent".
I have been following this curious incident for the past 72 hours, it is... quite fascinating. Vshojo was the largest English vtuber company with a stellar reputation and had some of the most famous English-speaking talents (case in point, Ironmouse is probably the most watched female streamer at the moment?) and they essentially imploded in under 72 hours, probably less than 24 if you consider the cutoff point as when all the talents quit. I think the news article only scratched the surface and was probably too generous towards the founder
There's way more but I think the community is now universally hating the CEO at the moment. Since the CEO also publicly announced embezzling charity funds... I'm wondering if he will be going to jail. Since most of the ppl involved have heavy YouTube/Twitter presence there are lots of primary evidence around if anyone is interested in more details
I'd really love to see some of their staff paystubs over the past few years.
How they pissed through 11 million addles the absolute fuck out of my mind, though seeing they paid a quarter mil for an ad in a JP subway says a whole lot about how smart upper management was.
This week has been a long month.
I cant make up my mind
At one side: they failed to pay
At the other side: the ceo tried BUT how did he try? Thats completly missing
And was there really no way to ask for money or something?
What i understand is that it concluded to: they used funds they where not entitled to and failed anyway.
But its still not enough for me to feel informed enough to have an opinion
There were many avenues available, but leadership (is alleged to have) ignored every bit of advice given. But if it's helpful, reported missed payments to talent and staff are alleged to be in the multiple millions, including 515k in charity fraud/embezzlement.
And that's before the allegations of gaslighting, abusive behavior from senior leadership, and various other things. These are some videos covering much of it in the evenings starting Monday night.
https://www.youtube.com/watch?v=Vb-FGa_DO64 https://www.youtube.com/watch?v=SJTOL69h2MI https://www.youtube.com/watch?v=Je_LVCsHEFk https://www.youtube.com/watch?v=lSFmOlFi2Go
I skimmed a bit over it and the setiment and directions are clear: the agency is one of the bad ones and i hope the leadership does not make a new one later after the dust settles a bit
The craziest thing about vtuber agents is that Donald John Trump is in the Epstein files.
Are you a bot or just a fan?
Just doing my part. Beep boop.