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On January 25 2013 21:30 Assirra wrote:Show nested quote +On January 25 2013 17:00 Type|NarutO wrote:
Cant believe comments like that, really no though put into it. Did you ever work in any business thats build on being liquid in the real world? Payment issues arise, even for the best running companies sometimes. If own3d did struggle to begin with, don't you think they tried to pay as much as they can?
So cause payment issues arise its fine to not pay the people that worked for it? I hope someone saids that to you once when you don't get your payment. "Well yea there were payment issues but surely you don't mind eh"
Yes it does also happen in regular jobs for that matter. Happened to me last month, that I didn't get paid fully when I used to, but they paid after. In case of own3d I'm pretty sure they tried to fix things. Ofcourse I don't know if you want to call it dishonesty or trying to save shit when not telling the players that there are issues.
Losing their buyout shit fucked them hard I guess, but in before that time with an very unstable economy they might have had hope to get enough money to pay the players. Well now it turned it it didn't work and obviously not paying is not fine, but calling them scammers is a bit harsh, don't you think? Don't think they got any profit from it.
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On January 25 2013 21:59 Type|NarutO wrote:Show nested quote +On January 25 2013 21:30 Assirra wrote:On January 25 2013 17:00 Type|NarutO wrote:
Cant believe comments like that, really no though put into it. Did you ever work in any business thats build on being liquid in the real world? Payment issues arise, even for the best running companies sometimes. If own3d did struggle to begin with, don't you think they tried to pay as much as they can?
So cause payment issues arise its fine to not pay the people that worked for it? I hope someone saids that to you once when you don't get your payment. "Well yea there were payment issues but surely you don't mind eh" Yes it does also happen in regular jobs for that matter. Happened to me last month, that I didn't get paid fully when I used to, but they paid after. In case of own3d I'm pretty sure they tried to fix things. Ofcourse I don't know if you want to call it dishonesty or trying to save shit when not telling the players that there are issues. Losing their buyout shit fucked them hard I guess, but in before that time with an very unstable economy they might have had hope to get enough money to pay the players. Well now it turned it it didn't work and obviously not paying is not fine, but calling them scammers is a bit harsh, don't you think? Don't think they got any profit from it.
Not sure what kind of field you work in, but normal business pay everyone on time in full amount. Missing a payment in any amount is a giant flashing red sign that screams: Get a new job!
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On January 25 2013 22:19 ragz_gt wrote:Show nested quote +On January 25 2013 21:59 Type|NarutO wrote:On January 25 2013 21:30 Assirra wrote:On January 25 2013 17:00 Type|NarutO wrote:
Cant believe comments like that, really no though put into it. Did you ever work in any business thats build on being liquid in the real world? Payment issues arise, even for the best running companies sometimes. If own3d did struggle to begin with, don't you think they tried to pay as much as they can?
So cause payment issues arise its fine to not pay the people that worked for it? I hope someone saids that to you once when you don't get your payment. "Well yea there were payment issues but surely you don't mind eh" Yes it does also happen in regular jobs for that matter. Happened to me last month, that I didn't get paid fully when I used to, but they paid after. In case of own3d I'm pretty sure they tried to fix things. Ofcourse I don't know if you want to call it dishonesty or trying to save shit when not telling the players that there are issues. Losing their buyout shit fucked them hard I guess, but in before that time with an very unstable economy they might have had hope to get enough money to pay the players. Well now it turned it it didn't work and obviously not paying is not fine, but calling them scammers is a bit harsh, don't you think? Don't think they got any profit from it. Not sure what kind of field you work in, but normal business pay everyone on time in full amount. Missing a payment in any amount is a giant flashing red sign that screams: Get a new job!
Only thing is, that you shouldn't compare this with jobs, but with paying for a service. Delayed payments happen all the time in business. There's barely a company that doesn't stretch its payments as much as possible.
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Of course, but the part I quote says "happen in regular jobs"
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Finally. If a business can't even follow a contract, they have no place in the world.
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On January 25 2013 22:25 Passion wrote:Show nested quote +On January 25 2013 22:19 ragz_gt wrote:On January 25 2013 21:59 Type|NarutO wrote:On January 25 2013 21:30 Assirra wrote:On January 25 2013 17:00 Type|NarutO wrote:
Cant believe comments like that, really no though put into it. Did you ever work in any business thats build on being liquid in the real world? Payment issues arise, even for the best running companies sometimes. If own3d did struggle to begin with, don't you think they tried to pay as much as they can?
So cause payment issues arise its fine to not pay the people that worked for it? I hope someone saids that to you once when you don't get your payment. "Well yea there were payment issues but surely you don't mind eh" Yes it does also happen in regular jobs for that matter. Happened to me last month, that I didn't get paid fully when I used to, but they paid after. In case of own3d I'm pretty sure they tried to fix things. Ofcourse I don't know if you want to call it dishonesty or trying to save shit when not telling the players that there are issues. Losing their buyout shit fucked them hard I guess, but in before that time with an very unstable economy they might have had hope to get enough money to pay the players. Well now it turned it it didn't work and obviously not paying is not fine, but calling them scammers is a bit harsh, don't you think? Don't think they got any profit from it. Not sure what kind of field you work in, but normal business pay everyone on time in full amount. Missing a payment in any amount is a giant flashing red sign that screams: Get a new job! Only thing is, that you shouldn't compare this with jobs, but with paying for a service. Delayed payments happen all the time in business. There's barely a company that doesn't stretch its payments as much as possible.
Imagine you are a crafter of some sorts who has fans that buy what you craft, only you need a distributor because you don't have the capability of sending out your stuff to all the people that want it. So, you give your stuff to the distributor and allow him of course to take a percentage of your earnings so you two can live well together. Only he pays you late. Or more precise, the money YOU earned by providing him with something he can turn into money.
It's a shame they did not get to pay everyone out, but they are not innocent in this.
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Yes it does also happen in regular jobs for that matter. Happened to me last month, that I didn't get paid fully when I used to, but they paid after. In case of own3d I'm pretty sure they tried to fix things. Ofcourse I don't know if you want to call it dishonesty or trying to save shit when not telling the players that there are issues.
Losing their buyout shit fucked them hard I guess, but in before that time with an very unstable economy they might have had hope to get enough money to pay the players. Well now it turned it it didn't work and obviously not paying is not fine, but calling them scammers is a bit harsh, don't you think? Don't think they got any profit from it.
Back the truck up.
Destiny is talking about not getting paid for 5-6 months.
So one would assume now the whole thing collapsed basically all the streamers than put content up, attracted $5 a month subscribers etc have not received anything for the last 5-6 months.
For it to have gone on this long, and the CEO to be still telling Destiny stories is a joke.
There was a structural problem with Own3d. Their share of ad revenue, obviously could not fund the company. Because they haven't paid the streamers anything for 6 months and they have still gone broke. Figure it out, if they actually paid the streamers and they didnt pocket 100% of the ad revenue and all the $5 monthly subcriptions, how much would they have lost?.
Part of it would come back to Twitch has always taken a split of ad revenue, but Own3d promied a flat rate. But to pay nothing for 6 months, and still go broke, it suggests some serious mismanagment.
Its not rocket science. You keep enough to cover your servers and overheads, and give the streamers the rest. They kept ALL of it and still went broke.
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Dominican Republic275 Posts
Competition is good, so Own3D Closing is quite sad.
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On January 25 2013 23:10 Khonsou wrote:
Competition is good, so Own3D Closing is quite sad.
Thats what the Azubu streaming site will be for
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Less the competition, less the motivation that the monopoly showers it's followers with gifts (good payrates for ads, cheaper subscriptions for viewers, etc)...
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twitch.tv kinda destroys everything else atm, not suprised this happened.
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Last I checked Youtube/Google is getting into a bit of streaming no?
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-.-
own3d was much more stable for then twitch and had way better archiving methods. vods were available like 10mins after the livestream. twitch can only dream about this
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<- Is eagerly awaiting another competitor to rise up to challenge twitch, come on you rando millionaire techies, RISE UP AND CLAIM YOUR GOLDEN THRONE!
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On January 26 2013 00:11 SwizzY wrote:
Last I checked Youtube/Google is getting into a bit of streaming no?
Yes sir. Anyway, you're only as good as the personnel you have on staff and looking at their staff. Yeehaw, good luck in their future endeavours.
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The Defense 3 is sponsored by own3d and it seems fine!
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I always hated own3d. I always thought their services were subpar. Even their website layout was stale and old.
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On January 25 2013 22:28 ragz_gt wrote:
Of course, but the part I quote says "happen in regular jobs"
Its not a regular job. Its a lot like being an owner of a small business in fact. Each person is their own "brand" and tries to sell themselves. Own3D was a distributor service for those goods.
Think of it as a supermarket and the streamers are trying to get their goods on the shelves. They're forced to accept bad and slow payment because the only convenient way to market what they're selling is through the supermarket and, in theory, they can market to a larger audience and make more despite getting less than people pay. But if the supermarket has problems in its own organisation and goes bankrupt then that screws over the supplier as well.
On January 25 2013 22:56 schaf wrote:Show nested quote +On January 25 2013 22:25 Passion wrote:On January 25 2013 22:19 ragz_gt wrote:On January 25 2013 21:59 Type|NarutO wrote:On January 25 2013 21:30 Assirra wrote:On January 25 2013 17:00 Type|NarutO wrote:
Cant believe comments like that, really no though put into it. Did you ever work in any business thats build on being liquid in the real world? Payment issues arise, even for the best running companies sometimes. If own3d did struggle to begin with, don't you think they tried to pay as much as they can?
So cause payment issues arise its fine to not pay the people that worked for it? I hope someone saids that to you once when you don't get your payment. "Well yea there were payment issues but surely you don't mind eh" Yes it does also happen in regular jobs for that matter. Happened to me last month, that I didn't get paid fully when I used to, but they paid after. In case of own3d I'm pretty sure they tried to fix things. Ofcourse I don't know if you want to call it dishonesty or trying to save shit when not telling the players that there are issues. Losing their buyout shit fucked them hard I guess, but in before that time with an very unstable economy they might have had hope to get enough money to pay the players. Well now it turned it it didn't work and obviously not paying is not fine, but calling them scammers is a bit harsh, don't you think? Don't think they got any profit from it. Not sure what kind of field you work in, but normal business pay everyone on time in full amount. Missing a payment in any amount is a giant flashing red sign that screams: Get a new job! Only thing is, that you shouldn't compare this with jobs, but with paying for a service. Delayed payments happen all the time in business. There's barely a company that doesn't stretch its payments as much as possible. Imagine you are a crafter of some sorts who has fans that buy what you craft, only you need a distributor because you don't have the capability of sending out your stuff to all the people that want it. So, you give your stuff to the distributor and allow him of course to take a percentage of your earnings so you two can live well together. Only he pays you late. Or more precise, the money YOU earned by providing him with something he can turn into money. It's a shame they did not get to pay everyone out, but they are not innocent in this.
That happens ALL THE TIME in business. Big organisations push payments back and pressure the smaller suppliers to take poor pay and late payments and be glad of it. No matter what you're looking at...Supermarkets vs farmers, music industry vs (most) musicians, etc...the people who tend to get the short end of the stick are small suppliers. Because the distribution service has more clout than they do.
Ultimately it sounds like some sort of major mismanagement issue with horrendous financial mistakes. Unfortunately its likely that none of the streamers are going to see any money. If Own3D is declared bankrupt then any money left over and the proceeds of any assets sold will likely go to more important organisations who are owed money, not to the "little guy" streamers. And ultimately if there is literally no money at all then there's nothing to pay out, no matter how much people on here want to demand them to pay.
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now paul was a real estate novelist, who never had time for a wife...
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On January 26 2013 00:31 Lightspeaker wrote:Show nested quote +On January 25 2013 22:28 ragz_gt wrote:
Of course, but the part I quote says "happen in regular jobs" Its not a regular job. Its a lot like being an owner of a small business in fact. Each person is their own "brand" and tries to sell themselves. Own3D was a distributor service for those goods. Think of it as a supermarket and the streamers are trying to get their goods on the shelves. They're forced to accept bad and slow payment because the only convenient way to market what they're selling is through the supermarket and, in theory, they can market to a larger audience and make more despite getting less than people pay. But if the supermarket has problems in its own organisation and goes bankrupt then that screws over the supplier as well. Show nested quote +On January 25 2013 22:56 schaf wrote:On January 25 2013 22:25 Passion wrote:On January 25 2013 22:19 ragz_gt wrote:On January 25 2013 21:59 Type|NarutO wrote:On January 25 2013 21:30 Assirra wrote:On January 25 2013 17:00 Type|NarutO wrote:
Cant believe comments like that, really no though put into it. Did you ever work in any business thats build on being liquid in the real world? Payment issues arise, even for the best running companies sometimes. If own3d did struggle to begin with, don't you think they tried to pay as much as they can?
So cause payment issues arise its fine to not pay the people that worked for it? I hope someone saids that to you once when you don't get your payment. "Well yea there were payment issues but surely you don't mind eh" Yes it does also happen in regular jobs for that matter. Happened to me last month, that I didn't get paid fully when I used to, but they paid after. In case of own3d I'm pretty sure they tried to fix things. Ofcourse I don't know if you want to call it dishonesty or trying to save shit when not telling the players that there are issues. Losing their buyout shit fucked them hard I guess, but in before that time with an very unstable economy they might have had hope to get enough money to pay the players. Well now it turned it it didn't work and obviously not paying is not fine, but calling them scammers is a bit harsh, don't you think? Don't think they got any profit from it. Not sure what kind of field you work in, but normal business pay everyone on time in full amount. Missing a payment in any amount is a giant flashing red sign that screams: Get a new job! Only thing is, that you shouldn't compare this with jobs, but with paying for a service. Delayed payments happen all the time in business. There's barely a company that doesn't stretch its payments as much as possible. Imagine you are a crafter of some sorts who has fans that buy what you craft, only you need a distributor because you don't have the capability of sending out your stuff to all the people that want it. So, you give your stuff to the distributor and allow him of course to take a percentage of your earnings so you two can live well together. Only he pays you late. Or more precise, the money YOU earned by providing him with something he can turn into money. It's a shame they did not get to pay everyone out, but they are not innocent in this. That happens ALL THE TIME in business. Big organisations push payments back and pressure the smaller suppliers to take poor pay and late payments and be glad of it. No matter what you're looking at...Supermarkets vs farmers, music industry vs (most) musicians, etc...the people who tend to get the short end of the stick are small suppliers. Because the distribution service has more clout than they do. Ultimately it sounds like some sort of major mismanagement issue with horrendous financial mistakes. Unfortunately its likely that none of the streamers are going to see any money. If Own3D is declared bankrupt then any money left over and the proceeds of any assets sold will likely go to more important organisations who are owed money, not to the "little guy" streamers. And ultimately if there is literally no money at all then there's nothing to pay out, no matter how much people on here want to demand them to pay.
This guy gets it. Hopefully more people get it.
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EPT
