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On August 14 2016 13:09 dutchfriese wrote:Show nested quote +On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids.
thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff
it's not like traditional sports or the lottery where anyone can get the money
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On August 14 2016 13:09 dutchfriese wrote:Show nested quote +On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids.
I'm sure a lot of them are grateful to their parents for allowing them to take this path. People like Sumail and PPD bought houses for theirs.
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Wings really were the best team in the tournament, well deserved victory. But their interviews sucked. Please give the viewers something other than the crappy standard answers, you tools.
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A well-deserved win by Wings. I don't have much else to say. NO META!
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for tax purposes wouldnt the best way be to incorporate a company and then eventually pay themselves a salary/dividend? xD
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On August 14 2016 13:14 meegrean wrote:
A well-deserved win by Wings. I don't have much else to say. NO META!
a team having balls to pick support pudge in a TI final have all my respect
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On August 14 2016 13:14 nVme wrote:
for tax purposes wouldnt the best way be to incorporate a company and then eventually pay themselves a salary/dividend? xD
think i should just be an accountant for pro teams lol
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On August 14 2016 13:12 Kishin2 wrote:Show nested quote +On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money
? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part.
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On August 14 2016 13:17 dutchfriese wrote:Show nested quote +On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part.
yep, look at all the pro sports players that go banktrupt after retiring.
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On August 14 2016 13:12 youngminii wrote:Show nested quote +On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. I'm sure a lot of them are grateful to their parents for allowing them to take this path. People like Sumail and PPD bought houses for theirs.
Taking care of your parents is noble. Nothing wrong with that. taking care of your cousins and childhood friends is when the problems arise.
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On August 14 2016 13:18 PsychoticSoul wrote:Show nested quote +On August 14 2016 13:17 dutchfriese wrote:On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part. yep, look at all the pro sports players that go banktrupt after retiring.
yeah exactly. This happens all the time in the NFL/NBA. Ghetto kid gets a big pay day and blows it all on his ghetto friends. It's actually pretty sad.
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On August 14 2016 13:20 dutchfriese wrote:Show nested quote +On August 14 2016 13:18 PsychoticSoul wrote:On August 14 2016 13:17 dutchfriese wrote:On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part. yep, look at all the pro sports players that go banktrupt after retiring. yeah exactly. This happens all the time in the NFL/NBA. Ghetto kid gets a big pay day and blows it all on his ghetto friends. It's actually pretty sad.
You hear the same thing with lottery winners. People get a ton of money but don't budget it at all
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On August 14 2016 13:22 TomatoBisque wrote:Show nested quote +On August 14 2016 13:20 dutchfriese wrote:On August 14 2016 13:18 PsychoticSoul wrote:On August 14 2016 13:17 dutchfriese wrote:On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part. yep, look at all the pro sports players that go banktrupt after retiring. yeah exactly. This happens all the time in the NFL/NBA. Ghetto kid gets a big pay day and blows it all on his ghetto friends. It's actually pretty sad. You hear the same thing with lottery winners. People get a ton of money but don't budget it at all
Yeah, that's the funny thing about the lottery. It usually ruins the lives of the winners. It doesn't really need to exist
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Russian Federation40190 Posts
On August 14 2016 13:24 dutchfriese wrote:Show nested quote +On August 14 2016 13:22 TomatoBisque wrote:On August 14 2016 13:20 dutchfriese wrote:On August 14 2016 13:18 PsychoticSoul wrote:On August 14 2016 13:17 dutchfriese wrote:On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part. yep, look at all the pro sports players that go banktrupt after retiring. yeah exactly. This happens all the time in the NFL/NBA. Ghetto kid gets a big pay day and blows it all on his ghetto friends. It's actually pretty sad. You hear the same thing with lottery winners. People get a ton of money but don't budget it at all Yeah, that's the funny thing about the lottery. It usually ruins the lives of the winners. It doesn't really need to exist
Well, by raw chance lottery winners are usually people who don't want to live.
Money just make their dream come true.
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On August 14 2016 13:26 lolfail9001 wrote:Show nested quote +On August 14 2016 13:24 dutchfriese wrote:On August 14 2016 13:22 TomatoBisque wrote:On August 14 2016 13:20 dutchfriese wrote:On August 14 2016 13:18 PsychoticSoul wrote:On August 14 2016 13:17 dutchfriese wrote:On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part. yep, look at all the pro sports players that go banktrupt after retiring. yeah exactly. This happens all the time in the NFL/NBA. Ghetto kid gets a big pay day and blows it all on his ghetto friends. It's actually pretty sad. You hear the same thing with lottery winners. People get a ton of money but don't budget it at all Yeah, that's the funny thing about the lottery. It usually ruins the lives of the winners. It doesn't really need to exist Well, by raw chance lottery winners are usually people who don't want to live. Money just make their dream come true.
that's true, i just think it preys on peoples hopelessness.
But then again, in the states, they most likely have food in their stomachs, roofs over their heads, and a pretty free to do what they want for the most part, so if they want to play the lottery, well that's on them.
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On August 14 2016 13:17 dutchfriese wrote:Show nested quote +On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part.
The difference is you can't play high level dota without being reasonably intelligent. Financial management isn't a difficult thing.
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On August 14 2016 13:31 Kishin2 wrote:Show nested quote +On August 14 2016 13:17 dutchfriese wrote:On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part. The difference is you can't play high level dota without being reasonably intelligent. Financial management isn't a difficult thing.
I wanted to say something like this but couldn't find a way to word it without sounding rude
I guess something like "The skills needed to succeed as a Dota player are much more conducive to good money management than those needed to succeed as a basketball/football player"
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On August 14 2016 13:31 Kishin2 wrote:Show nested quote +On August 14 2016 13:17 dutchfriese wrote:On August 14 2016 13:12 Kishin2 wrote:On August 14 2016 13:09 dutchfriese wrote:On August 14 2016 13:05 lolfail9001 wrote:
So, about half the money is removed on org/taxes. Well, almost a millionaire each nonetheless. nonetheless indeed. It's massive pay day. The only thing I worry about it is that it's going to kids who have only played dota their whole lives and don't know a damn thing about money or finance. I hope Valve offers some kind of guidance to these kids. thing is if you win you're more than likely smart enough to manage or get help in managing that kind of stuff it's not like traditional sports or the lottery where anyone can get the money ? How do you figure that? They won the money by being really good at a video game. It's no different than being really good at basketball. These kids spend probably 10 hours a day playing dota... every day. Their world skills are likely non-existent for the most part. The difference is you can't play high level dota without being reasonably intelligent. Financial management isn't a difficult thing.
humans are creatures dominated by emotions, even the smartest ones, especially the young and inexperienced ones. Financial management isn't difficult, but still requires knowledge and experience that dota doesn't provide.
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loooooooool that was awesome.
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EPT
