EPT
Esports contributor: Azuwho? - Page 2
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canikizu
4860 Posts
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Noocta
France12578 Posts
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Adron
Netherlands839 Posts
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Master of DalK
Canada1803 Posts
FXO is a Forex trading platform and RaidCall is backed by some chinese company from what I've seen (another reason why offline streams in RC show up with chinese characters). AZUBU, I have yet to find out about and they never seem to give a straight answer.... | ||
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Loxley
Netherlands2480 Posts
On April 04 2013 06:13 Noocta wrote: Well, I can't really say I actually have a clearer notion of what Azubu is after that. Nope, I got more questions than answers myself. Hoping this would make people contribute some knowledge, but im not counting on anything  | ||
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AnomalySC2
United States2073 Posts
On April 04 2013 06:10 TeeTS wrote: At this point I could even imagine this being some dummy firm for a gangster boss, who likes esports and wants to have his own team... I'd say Blizzard making an investment into esports to keep the scene healthy is more likely than some drug dealer whom needs an esports money laundering organization. I'm just joking, of course. I think both are highly unlikely heh. | ||
Zealously
East Gorteau22261 Posts
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ChapOne
Germany68 Posts
edit: On April 04 2013 06:20 AnomalySC2 wrote: I'd say Blizzard making an investment into esports to keep the scene healthy is more likely than some drug dealer whom needs an esports money laundering organization. I'm just joking, of course. I think both are highly unlikely heh. i once read about a brazilian organisation sending their cs team to a lot of tournaments around europe just to launder money. sadly can't find the article right now, but it was quite interesting. | ||
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SinCitta
Germany2127 Posts
On April 04 2013 06:00 JustPassingBy wrote: Can't be worse than Raidcall, though who knows how much money they can get out of the users who are willing to give the program complete admin rights to their computer... ~ .~ I don't think Raidcall is too shady. They are owned by a company that makes money with Asian MMOs/online games. And building a considerable user base before monetizing it isn't completely unheard of. | ||
Heyoka
Katowice25012 Posts
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eviltomahawk
United States11135 Posts
Anyways, phenomenal article, even if it doesn't really reveal that much more about Azubu. They sure are doing a good job of covering their bases and keeping their real inner workings a secret. It'll be interesting to see what will happen to Azubu in the next few years. | ||
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fezvez
France3021 Posts
It's interesting because it tackles questions that I nearly asked myself. The first time I heard of Azubu, I thought "What a shit name. Who are they by the way?". Then I dropped the subject. Then, there was the CSL sponsorship : "Wow, cool, they invest in eSports!". And then they pick up top koreans. And... Every time, I was a bit surprised. I didn't try to look any further mind you. I just dropped the subject. But as I read the article, those questions popped back. And, yes, I agree, there is a problem in the business model. I don't believe in "I don't care as long as money flows in", it is naive thinking. And I don't believe in "Some rich guys want to support the scene and get money back in 5 years". No, no, no sir, it doesn't work this way. When you are like this, you act like MLGSundance, because by publicly backing eSports, he attracts attention and sympathy. People are more likely to buy MLG gold membership this way. I'd like to read more of it. Too many questions are unanswered. But thank you OP. | ||
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lolspoon
450 Posts
On April 04 2013 06:12 canikizu wrote: I thought everyone knows Azubu is Riot. Think about it, if you put millions in the tournaments and stuffs, you should secretly make your own teams and get some money back You should stop reading the Sun | ||
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GrazerRinge
999 Posts
AG in german means "Aktiengesellschaft" = Joint Stock Company "Aktiengesetz" means security regulation. Please edit. edit: I have no idea why Azubu has "AG" in their name since their are not listed in DAX. Frankly speaking, I also wonder how much resources Azubu is investing on E-Sport without secure business model. | ||
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mechengineer123
Ukraine711 Posts
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IMHope
Korea (South)1241 Posts
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Ctone23
United States1841 Posts
Most commonly this is a 75/25 split between investors and partners. The idea is, you sell the investor on some idea that has potential for profitability in the short term, or potential for a larger sale to a more established industry leader down the road. This means that the company you are starting can essentially come from no where, and begin making moves within the industry. Happens all the time in Oil and Gas. | ||
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Loxley
Netherlands2480 Posts
Seems Lars Windhorst is involved, and it doesn't get prettier. | ||
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EtherealDeath
United States8366 Posts
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Mohdoo
United States15743 Posts
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