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Gogleion
United States534 Posts
That's basically what the banks are going to say if anyone with power in a bank sees this. Unfortunately, a high level member of a bank will not take investment advice from what they see as gamer kids on an online forum. Why don't we just come to the conclusion that eSports is growing slowly, but not dying, and will be big one day. But not tomorrow. Is that so bad? | ||
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Kaitlin
United States2958 Posts
On August 14 2012 06:51 Gogleion wrote: That's basically what the banks are going to say if anyone with power in a bank sees this. Unfortunately, a high level member of a bank will not take investment advice from what they see as gamer kids on an online forum. Why don't we just come to the conclusion that eSports is growing slowly, but not dying, and will be big one day. But not tomorrow. Is that so bad? As opposed to ... "actual" gamer kids on an online forum ? | ||
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Oaky
United States95 Posts
We just have to wait patiently for everyone in the world to realize how great this is and the big sponsors will come naturally i think. | ||
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Kaitlin
United States2958 Posts
On August 14 2012 07:27 Oaky wrote: I think esports is far too young to have banks investing in it, imagine if wells fargo investoed 100 mil into esports and only got a few mil back? Do you think anyone would ever touch it again? probably not, and that would really suck. We just have to wait patiently for everyone in the world to realize how great this is and the big sponsors will come naturally i think. From an investing standpoint, how is it great ? | ||
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Gogleion
United States534 Posts
On August 14 2012 07:20 Kaitlin wrote: As opposed to ... "actual" gamer kids on an online forum ? Well not everyone here is a 'gamer kid' and a lot of people here are smart about money/investments, so I didn't want to stereotype everyone here as that. But I believe a skeptical outsider will see a community like this as 'gamer kids'. | ||
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Kimokan
United States3 Posts
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jdseemoreglass
United States3773 Posts
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Rassy
Netherlands2308 Posts
Manny people in the working world still see playing video games as a huge waste of time for the yought. I believe in china consoles are even banned to protect the younger generation from them. Sc and videogames are definatly on the way up but reality is that manny people see it as basicly a waste of time and would rather have young people spend their time on other things. No clue if this is a reason why banks are holding off, but i can imagine it could be one. | ||
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BirdKiller
United States428 Posts
Yes this audience are likely to apply for their first loans and accounts, but to say you chose a bank that's going to manage your money and credit even slightly because it supports esports is like saying esports affected how you manage your money. | ||
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IcedBacon
Canada906 Posts
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BlindKill
Australia1508 Posts
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SpeaKEaSY
United States1070 Posts
But why would banks want to loan to the demographic normally associated with eSports? So that they can take tons of students loans for a college degree that well not help them find a job with which to pay back the student loan they took out? Doesn't sound like a winning investment for the banks to me. | ||
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deathgod6
United States5064 Posts
On August 14 2012 01:05 FreddYCooL wrote: Did you write this with a straight face? Rofl. Your argument is that the banks should support students to change their major at college (to SC2? lol) or drop out of school. So everyone who wants to be a progamer instantly get S-class treatment, even the B-team practice partners? Also, why shouldn't the compensation and allure be equal? Besides that, the amount of compensation for the work put in is all relative. SC was attractive to Rekrul and Elky until they found out they can make way more money playing poker. | ||
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emc
United States3088 Posts
On August 14 2012 01:03 sekritzzz wrote: trust me, if e-sports is a good investment, banks would of already been in it. Don't get me wrong, e-sports will be very succesful in the future, but right now its not a good investment. Its all about timing and banks got that in the bag. how can you say this? it's highly likely that the people in charge of giving money to organizations that relate to esports never occurred to them. I bet you they dont even know what esports is. | ||
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Loanshark
China3094 Posts
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phiinix
United States1169 Posts
On August 14 2012 13:06 emc wrote: how can you say this? it's highly likely that the people in charge of giving money to organizations that relate to esports never occurred to them. I bet you they dont even know what esports is. That's the thing though. If they haven't heard of it, it's not worth investing in it. They're banks, not venture capitalists. It's not their job to try to make money in a market they're unfamiliar with. | ||
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zimz
United States510 Posts
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Terranist
United States2496 Posts
On August 15 2012 05:24 zimz wrote: its all about viewer numbers. banks won't care for at most 50k (sometimes a little more but not enough) viewers for a sc2 game. especially for the demographic with the least income. | ||
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Sub40APM
6336 Posts
On August 14 2012 01:16 Hider wrote: His wrong. Sundance got it from venture capital. MLG would not be able to afford to pay of high interest rates. VC costs > loan interest. The reason sundance cant go to a bank is because banks are conservative and generally dont invest in startups. | ||
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