EPTAzubu is not some black money, it's been known for a few months now.
Esports contributor: Azuwho? - Page 9
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lastshadow
United States1372 Posts
Azubu is not some black money, it's been known for a few months now. | ||
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MonkSEA
Australia1227 Posts
On April 05 2013 15:30 isparavanje wrote: We should not over think, there are a lot of legitimate business plans that require some secrecy as well. Exactly this. If Azubu come out and say "we're making $20k a month profits doing xxx and yyy that's how we're affording the sponsoring" then expectantly human nature will jump in and more people and business will do it for maximum profit until it becomes unprofitable. I personally do not care how they're getting the money as long as it isn't illegal. BoSs said he doesn't think anything shady is going on and with that in mind I don't see anything that promotes that it's shady other then unknown revenue income which isn't enough evidence to start calling them fraudulent. If someone had found out about Azubu and anything shady, I am more then positive that you would of read about it when you researched it. I see this thread as potentially damaging to Azubu as most people are just saying it's a fraudulent business. | ||
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isparavanje
62 Posts
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RockIronrod
Australia1369 Posts
On April 05 2013 15:34 lastshadow wrote: how don't people do research. the owner of Azubu was at the OGN LoL finals a few months back. It's a bank owner from Germany and he's filthy rich. He loves gaming just like the owner of Najin and Curse. Azubu is not some black money, it's been known for a few months now. People would rather subscribe to the Glenn Beck school of research. I'm not saying that Azubu is a front for the manufacture and distribution of heroine, child pornography and counterfeit X-Men toys, but I've not seen any evidence that they're not. | ||
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tomatriedes
New Zealand5356 Posts
On April 05 2013 15:34 lastshadow wrote: how don't people do research. the owner of Azubu was at the OGN LoL finals a few months back. It's a bank owner from Germany and he's filthy rich. He loves gaming just like the owner of Najin and Curse. Azubu is not some black money, it's been known for a few months now. Before accusing people of not doing research, try actually read the OP? | ||
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jupiterstorm
Singapore74 Posts
Not to mention that their initial capital is no small sum considering the names involved. Such a giant influx of money would possibly explain the willingness to spend on the esports scene. I think this has been brought up before as well, and they could very well be mining/trading in bitcoin so as to maintain sustainability here. | ||
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NarutO
Germany18839 Posts
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teddyoojo
Germany22369 Posts
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Scarecrow
Korea (South)9175 Posts
On April 05 2013 15:34 lastshadow wrote: how don't people do research. the owner of Azubu was at the OGN LoL finals a few months back. It's a bank owner from Germany and he's filthy rich. He loves gaming just like the owner of Najin and Curse. Azubu is not some black money, it's been known for a few months now. It could be still tax evasion or something shadey. It's definitely not a legit company. | ||
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growlizing
Norway122 Posts
On April 05 2013 14:29 Gamegene wrote: personally it's more alarming that he didn't find anything rather than discovering the source. very important and meaningful that he shared this since we can all start questioning AZUBU and treat their various "investments" (if you can call it that) with more scrutiny or at least cautious optimism, and hopefully with more hungry eyes looking the details can be filled in. I am inclined to agree that the fact that he didn't manage to find _anything_ solid is more alarming than not. Thank you for your digging, enjoyed the read! Maybe one day we'll find out. About the money laundering angle, (I have NO clue how this works, I've only taken a basic course in finance) I guess it would make sense to make a front company "employing" a lot of programmers claiming to make a product, but instead you just make some crappy half assed thing using others softare and blow yourself up in a relatively unknown market that needs money. Do small things here and there and keep people happy. But as I said, I don't know. | ||
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AnomalySC2
United States2073 Posts
I think what is most likely is a millionaire whom has money to burn is involved, and they simply want to see esports blow up. A noble goal, and I hope they continue to do what they've been doing because I think everyone here wants the same thing, right? | ||
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Sc2Wrath
United Kingdom58 Posts
However, what they are trying and doing for e-sports is good, so at this current time, I couldn't care less. | ||
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MasterReY
Germany2708 Posts
They could just me some very rich guys who share their passion for gaming an esports and just want to be a part of it. Maybe they legally earned their money individually in the last 15 years before Azubu and just founded Azubu to have a "name", without the goal of making more money. Imagine they just love gaming and want to help out the scene that they love and are basically very generous and nice guys and then they read comments about people accusing them of being untrustful and shady etc. | ||
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nojok
France15846 Posts
On April 05 2013 15:34 lastshadow wrote: how don't people do research. the owner of Azubu was at the OGN LoL finals a few months back. It's a bank owner from Germany and he's filthy rich. He loves gaming just like the owner of Najin and Curse. Azubu is not some black money, it's been known for a few months now. Ah esport is reaching the sport model : one random guy throw some millions to have fun. It's a good sign in a sense, almost all of the most entertaining football teams are just guys sinking hundred of millions in their IRL football manager. | ||
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canikizu
4860 Posts
On April 06 2013 07:01 nojok wrote: Ah esport is reaching the sport model : one random guy throw some millions to have fun. It's a good sign in a sense, almost all of the most entertaining football teams are just guys sinking hundred of millions in their IRL football manager. I thought we went past that. Didn't some rich guys buy and create iG for $6 million? | ||
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AnomalySC2
United States2073 Posts
On April 06 2013 07:23 canikizu wrote: I thought we went past that. Didn't some rich guys buy and create iG for $6 million? iG is china based aren't they? | ||
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PiQLiQ
Sweden702 Posts
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PXEnTei
United States209 Posts
I remember they sold software. i went there after this | ||
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skatblast
United States784 Posts
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Ichabod
United States1659 Posts
On April 06 2013 10:03 skatblast wrote: Who cares where the money comes from? They could be selling heroine and using azubu as a front, atleast they support esports!! Fans want comfort that they won't turn out like Own3d, and to at least provide a learning experience if it does. Being an economically-/business-inclined individual, I like understanding what goes into a successful, sustainable eSports venture. | ||
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