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Official 'what is Dota anymore' discussion - Page 1287

Forum Index > Dota 2 General
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Jinxed
Profile Blog Joined May 2011
United States6450 Posts
April 10 2015 17:08 GMT
#25721
ESPORTS business in a nutshell seems to be going to various people with money and begging them for some.

I'm curious how many of these venture capitalist endeavors have had success.
LiquidDota Staff"LeLoup is a great name pls undo." -Liquid`Nazgul
Sn0_Man
Profile Blog Joined October 2012
Tebellong44238 Posts
Last Edited: 2015-04-10 17:09:45
April 10 2015 17:09 GMT
#25722
On April 11 2015 02:08 Jinxed wrote:
ESPORTS business in a nutshell seems to be going to various people with money and begging them for some.

I'm curious how many of these venture capitalist endeavors have had success.

twitch.tv
$1 BILLION FUCKING DOLLARS
LiquidDota StaffSCIENTISTS BAFFLED | 3275929302
andyrau
Profile Joined December 2010
13015 Posts
April 10 2015 17:10 GMT
#25723
isn't that just small business startups in general

make a powerpoint of your business model and go beg angel investors for capital
"Zai is legitimately not as good as bulba." | kaipi ti3 champions
PhoenixVoid
Profile Blog Joined December 2011
Canada32755 Posts
April 10 2015 17:10 GMT
#25724
Adam Smith, the originator of e-sports.
I'm afraid of demented knife-wielding escaped lunatic libertarian zombie mutants
Plansix
Profile Blog Joined April 2011
United States60190 Posts
April 10 2015 17:10 GMT
#25725
I am sure there are numbers on how successful some VC groups are. Some of them have mind blowing amounts of money to throw around and 12 million wouldn't be a huge amount. Really, in the world of business and broadcasting, 12 million isn't a huge amount of money.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
PhoenixVoid
Profile Blog Joined December 2011
Canada32755 Posts
April 10 2015 17:14 GMT
#25726
I mean Facebook started off without $12 million and ended up the biggest social network site ever so throwing away a few million for what could be huge is probably a risk worth taking for them. Granted e-sports isn't as big as social networking but holding several big name teams exclusively is probably enough for the angel investors to say this is going to make money.
I'm afraid of demented knife-wielding escaped lunatic libertarian zombie mutants
Kupon3ss
Profile Joined May 2008
時の回廊10066 Posts
April 10 2015 17:15 GMT
#25727
the business model for VCs is that they'll throw millions at individual projects expecting most of them to fail - however some will succeed wildly and give 10X+ returns
When in doubt, just believe in yourself and press buttons
PhoenixVoid
Profile Blog Joined December 2011
Canada32755 Posts
April 10 2015 17:16 GMT
#25728
On April 11 2015 02:15 Kupon3ss wrote:
the business model for VCs is that they'll throw millions at individual projects expecting most of them to fail - however some will succeed wildly and give 10X+ returns

The whole "venture" part of VC when you are throwing your dollars at an unknown.
I'm afraid of demented knife-wielding escaped lunatic libertarian zombie mutants
Plansix
Profile Blog Joined April 2011
United States60190 Posts
April 10 2015 17:19 GMT
#25729


It appears people maybe have jumped the gun on this one.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
Shaella
Profile Blog Joined January 2013
United States14828 Posts
April 10 2015 17:22 GMT
#25730
On April 11 2015 02:19 Plansix wrote:
https://twitter.com/mbcarmac/status/586571399688560640

It appears people maybe have jumped the gun on this one.

"we don't want to stop people from holding CS:GO events or teams attending them, except for these teams, who will be contracted to us."
don't tell me to provide a legend for those charts cause we already got shaella in this thread - eieio | Bulba is my waifu
Jinxed
Profile Blog Joined May 2011
United States6450 Posts
April 10 2015 17:24 GMT
#25731
Hmmm, I think I'll believe Carmac on this one. The move would still not be great for the scene overall so it makes sense for them not to do that.

Still can never know for sure until everything is done. Just have to wait and see.
LiquidDota Staff"LeLoup is a great name pls undo." -Liquid`Nazgul
ChunderBoy
Profile Joined August 2011
3242 Posts
April 10 2015 17:26 GMT
#25732
i have 0 interest in any business related stuff
"mmr is a social construct" - tumblr
Plansix
Profile Blog Joined April 2011
United States60190 Posts
April 10 2015 17:26 GMT
#25733
The story did come out of the daily dot, which is not really a place I go for hard hitting, carefully sorced and fact checked news. There is a good chance they got it wrong.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
Targe
Profile Blog Joined February 2012
United Kingdom14103 Posts
April 10 2015 17:30 GMT
#25734
ty beesa

the only opinion any1 should have
11/5/14 CATACLYSM | The South West's worst Falco main
BluemoonSC
Profile Blog Joined November 2010
SoCal8933 Posts
April 10 2015 17:34 GMT
#25735
I feel like esports money is unstable unless you're in GGA or affiliated with twitch. companies come and go frequently and others turn out to be scams.
LiquidDota Staff@BluemoonGG_
Sn0_Man
Profile Blog Joined October 2012
Tebellong44238 Posts
April 10 2015 17:35 GMT
#25736
Really, I just can't wait to see what ESEX comes out with for this one
LiquidDota StaffSCIENTISTS BAFFLED | 3275929302
Plansix
Profile Blog Joined April 2011
United States60190 Posts
April 10 2015 17:37 GMT
#25737
On April 11 2015 02:34 BluemoonSC wrote:
I feel like esports money is unstable unless you're in GGA or affiliated with twitch. companies come and go frequently and others turn out to be scams.

ESL has been around for a while and I would put them in second place for "most stable in Esports" after GGA. I think their Esports dollars are good.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
BluemoonSC
Profile Blog Joined November 2010
SoCal8933 Posts
April 10 2015 17:38 GMT
#25738
On April 11 2015 02:37 Plansix wrote:
Show nested quote +
On April 11 2015 02:34 BluemoonSC wrote:
I feel like esports money is unstable unless you're in GGA or affiliated with twitch. companies come and go frequently and others turn out to be scams.

ESL has been around for a while and I would put them in second place for "most stable in Esports" after GGA. I think their Esports dollars are good.


rumors were that they were only breaking even for a while. I haven't had my ear to the ground nearly as much since I started being a big boy so that could have changed.
LiquidDota Staff@BluemoonGG_
PhoenixVoid
Profile Blog Joined December 2011
Canada32755 Posts
April 10 2015 17:40 GMT
#25739
On April 11 2015 02:38 BluemoonSC wrote:
Show nested quote +
On April 11 2015 02:37 Plansix wrote:
On April 11 2015 02:34 BluemoonSC wrote:
I feel like esports money is unstable unless you're in GGA or affiliated with twitch. companies come and go frequently and others turn out to be scams.

ESL has been around for a while and I would put them in second place for "most stable in Esports" after GGA. I think their Esports dollars are good.


rumors were that they were only breaking even for a while. I haven't had my ear to the ground nearly as much since I started being a big boy so that could have changed.

I think it was during ESL New York where Redeye said ESL was breaking even or even losing money so risking Madison Square Garden which is one of the most expensive venues in the world was a risk but one they were willing to take.
I'm afraid of demented knife-wielding escaped lunatic libertarian zombie mutants
goody153
Profile Blog Joined April 2013
44290 Posts
Last Edited: 2015-04-10 18:58:25
April 10 2015 18:34 GMT
#25740
is that kuro stacking with notail ? and apparently s4 and zai are trying to streamsnipe them lol

edit: i think it's fata .. he just blew some instrument i can't remember the name

edit 2: or maybe not
this is a quote
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