EPTMLG Potential Prize Pool Increase - Page 4
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Telcontar
United Kingdom16710 Posts
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thewax
Austria365 Posts
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zaii
Guam2611 Posts
On July 29 2011 15:41 Telcontar wrote: Didn't MLG get a substantial increase in their budget this year? Yet the prize pool remained the same... to pay for Conventions, Streaming company, staff, satellite trucks etc etc.. and it was something called venture capital? can someone explain that. | ||
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jonathan1
United States395 Posts
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Falcor
Canada894 Posts
On July 29 2011 15:45 zaii wrote: to pay for Conventions, Streaming company, staff, satellite trucks etc etc.. and it was something called venture capital? can someone explain that. Venture captial is a high risk investment(usually in companies just growings) and usually with venture capital the guy giving the money gets usually a large controlling portion of the company. | ||
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Geniuszerg
Canada454 Posts
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justinpal
United States3810 Posts
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FXOpen
Australia1844 Posts
Then ask for a huge increase in income to justify a prize increase. Let me guess, the owner drives a ferrari? OR something of similar cost. Why not just not make hype about the inevitable (the 100k subscribers is inevitable) and just raise the prize purse? | ||
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integrity
United States1014 Posts
JUST DO IT for e-sports yo gonna do mine now and than go to bed | ||
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MisterFred
United States2033 Posts
On July 29 2011 15:57 FXOpen wrote: Ummm, first they announce the investment of 52 million? (wasnt that the figure). Put on some events with little prize money (to fly from anywhere outside north america, it costs 50% of prize money to go to MLG). Then ask for a huge increase in income to justify a prize increase. Let me guess, the owner drives a ferrari? OR something of similar cost. Why not just not make hype about the inevitable (the 100k subscribers is inevitable) and just raise the prize purse? For the people who read the earlier parts of the thread, I just want to brag about how well-constructed my ballpark was. | ||
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Chicane
United States7875 Posts
On July 29 2011 15:53 Geniuszerg wrote: kind of sad for them to ask so much, an extra one million.. im pretty sure if you give another organization that, it would be a lot better, mlg seems to be in it more for the money than most other leagues/tournaments Ya I don't like the way he worded it... it sounded very greedy, but at the same time they are giving a great deal with the memberships. For the year long membership (30 dollars) you get to watch 6 MLGs (5 dollars each) on HQ with no ads, and of course you get VoDs. And on top of that they put on a good show, though once again the wording did seem very poor. | ||
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KiF1rE
United States964 Posts
On July 29 2011 15:57 FXOpen wrote: Ummm, first they announce the investment of 52 million? (wasnt that the figure). Put on some events with little prize money (to fly from anywhere outside north america, it costs 50% of prize money to go to MLG). Then ask for a huge increase in income to justify a prize increase. Let me guess, the owner drives a ferrari? OR something of similar cost. Why not just not make hype about the inevitable (the 100k subscribers is inevitable) and just raise the prize purse? the thing is, the prize pool should be atleast always what the players put into. If the players put in 19 grand worth of money, the prize pool should be 19 grand... just think about it. That is how much the players put in for entry fees right now. Yet the prize pool is around 14 grand meaning that mlg is already making roughly 5 grand off of the gamers buying into the tournament alone. | ||
moltenlead
Canada866 Posts
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Chicane
United States7875 Posts
On July 29 2011 16:06 KiF1rE wrote: the thing is, the prize pool should be atleast always what the players put into. If the players put in 19 grand worth of money, the prize pool should be 19 grand... just think about it. That is how much the players put in for entry fees right now. Yet the prize pool is around 14 grand meaning that mlg is already making roughly 5 grand off of the gamers buying into the tournament alone. While I also feel it should be higher, you do have to keep in mind that there is a end of the year tournament which is significantly higher. | ||
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justinpal
United States3810 Posts
On July 29 2011 15:57 FXOpen wrote: Why not just not make hype about the inevitable (the 100k subscribers is inevitable) and just raise the prize purse? Seriously, this is so right. Myself as a viewer will be attracted by a larger prize pool as well. I'll invest in a membership when the prize pool is somewhat larger (at least 3x). Especially, when the players pay to play. | ||
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RacerX
United States168 Posts
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LesPhoques
Canada782 Posts
On July 29 2011 16:01 integrity wrote: in the words of Nike: JUST DO IT for e-sports yo gonna do mine now and than go to bed I am not gonna throw my money when someone is : "PAY ME MONEY, SUPPORT ESPORTS". No. I would rather "support" by watching stream or just streamers who make a living out of SC2. | ||
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zaii
Guam2611 Posts
On July 29 2011 15:57 FXOpen wrote: Ummm, first they announce the investment of 52 million? (wasnt that the figure). Put on some events with little prize money (to fly from anywhere outside north america, it costs 50% of prize money to go to MLG). Then ask for a huge increase in income to justify a prize increase. Let me guess, the owner drives a ferrari? OR something of similar cost. Why not just not make hype about the inevitable (the 100k subscribers is inevitable) and just raise the prize purse? Ne, He drives an old Camaro. | ||
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ixi.genocide
United States981 Posts
On July 29 2011 16:07 moltenlead wrote: Well, I would then wonder whether something is happening with MLG that is making him consider cutting the prize pool. I would assume that that tweet was in response to ppl pressuring him about increasing the pool. I doubt that he would lower it because they have seen a huge increase in streams and revenue based off of starcraft. Venture capital is essentially money that companies lend to startup businesses. They get a fair return on their investment but it comes at the risk of the company they are investing in failing miserably. With MLG having a budget of 50 million a year and getting 450k unique viewers at 1 event plus all the sponsorships they get (they are big too), I could see MLG having a very nice return. I wonder if they are a public company.... | ||
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tyCe
Australia2542 Posts
On July 29 2011 14:20 iNcontroL wrote: Uhhh if you give me a million dollars I will raise the prizepool??? Wow! That is amazing! How else is it supposed to work? | ||
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