Yeah you have to do it the hard way. So, find out which moderator dislikes this specific writer the most and send him a pm. Then you cross your fingers and wait.
Team LYGF interview: "We found an investor that is going t…
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AlternativeEgo
Sweden17309 Posts
Yeah you have to do it the hard way. So, find out which moderator dislikes this specific writer the most and send him a pm. Then you cross your fingers and wait. | ||
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Zealously
East Gorteau22261 Posts
On January 04 2014 23:42 AlternativeEgo wrote: Yeah you have to do it the hard way. So, find out which moderator dislikes this specific writer the most and send him a pm. Then you cross your fingers and wait. Feed Yoshi and Kadaver might be agreeable | ||
nickbalev
Bulgaria241 Posts
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Zealously
East Gorteau22261 Posts
On January 04 2014 23:45 nickbalev wrote: i would suggest players provide bank accounts for direct transfers of any prize moneys they win otherwise gl to all :/ Doing so makes you subject to (more) taxes in many cases. On January 01 2014 22:23 Bumblebee wrote: There are also domestic laws regarding taxes. The reason most players choose to have the team's receive the prizemoney is because they have to pay Swedish taxes off of them if they are not paid out to a registered company, where this way around they can pay taxes in their own country. DreamHack does offer to pay out to the player directly, but few choose this option. MLG also offers to pay out to both, but as a standard they pay the players directly. If you are from outside the US, they are forced to keep 30 % of your prizemoney in America (or at least the States that are relevant for MLG) so here nothing can be done unless your team has an American company that they could pay out to and that way it would allow the player to pay taxes in his own country. Without continuing to write about every organization, there's always been an option everywhere from the events to pay it to the team or the player(s). As Kennigit said that makes sense because some contracts will have a clause about a percentage of the prizemoney won goes to the team. | ||
mikkmagro
Malta1513 Posts
On January 04 2014 08:32 WolfintheSheep wrote: "We're Evil Geniuses, we're not actually evil. And we need sponsors." "We're Incredible Miracles. We aren't actually praying for a miracle. Sponsor us please." "We're Team Liquid. We need sponsors. No, we aren't a drink company. No, 'liquid' does not refer to our business model. Or staff changeovers. No, it has nothing to do with Porn. Look, it's just a name." You're wrong. The same applies to absolutely every team, regardless of their business model. Esports isn't nearly big enough to be stable, no matter how you're getting funding. The same is also true whether the team is in the East or West. Korea got big bucks a decade ago because Brood War was actually mainstream for awhile - even LoL pales in comparison. Now Korea teams, across all games, are finding out they have to work to get sponsorship deals. There's also plenty of exceptions. EG is entirely investor/sponsorship driven, and actually a solid business. Liquid is self-funded. Acer is backed by Acer (of course). Axiom is basically paid out of TotalBiscuit's pocket (though he's probably losing money). (And this is even glossing over the fact that many Pro sport teams, like Hockey and Baseball in North America, are operating at a loss and backed by extremely rich owners who just want to own teams) Some business models are obviously a lot more stable than others for esports teams, and I am talking about teams who have gradually built up a brand over the years, and at the end of the year, depending on their relationship with sponsors, and any other money-making activities such as streaming, subscriptions and merchandise, create a budget for the following year. Many top esport organisations follow this model, and have been doing so for as long as eSports has been around: SK Gaming, Fnatic, mousesports, Team Dignitas, Millenium and EG amongst others. I did read somewhere that after some 7 years of operation, Fnatic started turning a profit. You can't compare eSport teams with pro sports teams, because before something becomes extravagant, it first has to become sustainable. There were many cases in the past in esports where teams tried to be extravagant, only to end up bankrupt (I'm obviously talking about MYM). Also, the investors you see investing in eSport teams are not Abramovich or Sheikh Mansour; most of them are just people who have a few extra thousands to spare, and once they lose interest, they stop the money. The possibility of return in eSport teams is too low to even consider proper investment, except perhaps for an organisation with marketing prowess of EG level, and even then, I think EG is run off sponsorship money, rather than investment. There are a few success stories obviously...Natus Vincere started out as a team funded entirely by Ukrainian investor Arbalet, but after generating a huge following through their success, Na'Vi were able to continue on as a successful eSport organisation after Arbalet stopped injecting cash in the team. Invictus Gaming apparently have an extremely rich backer. AFAIK Complexity also started out with Jason Lake investing a significant amount of his own money in the team. My point is that eSport teams do need to be somewhat self sufficient if they want to be stable in the way the traditional esport teams mentioned above have remained operational for a decade and more. I really hope it all works out for LYGF, the owner looks very passionate and I will be following closely ![]() | ||
suicideyear
Ivory Coast3016 Posts
On January 04 2014 23:26 PeopleWhoAnnoyYou wrote: Why am I not allowed to report this post for flaming? Why are some people's posts on TL untouchable? you could grow thicker skin | ||
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NovemberstOrm
Canada16217 Posts
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JacobShock
Denmark2485 Posts
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Waise
3165 Posts
On January 05 2014 02:54 JacobShock wrote: The name of this team is sooooo stupid, but then again.. many team names are completely dumb if you think too long about it. i think it's funny. most teams are trying to sound "cool" with some cheesy or meaningless name. "evil geniuses" isn't exactly creative, and i doubt there's much behind "liquid" other than being a neat word either. like you said, anything sounds stupid if you think about it too long the name LYGF takes a lighthearted approach that reminds us that we aren't video game warriors, we're just people playing starcraft, and we should remember that our loved ones/girlfriends/etc. come first before a silly computer game ![]() | ||
WolfintheSheep
Canada14127 Posts
On January 05 2014 01:02 mikkmagro wrote: Some business models are obviously a lot more stable than others for esports teams, and I am talking about teams who have gradually built up a brand over the years, and at the end of the year, depending on their relationship with sponsors, and any other money-making activities such as streaming, subscriptions and merchandise, create a budget for the following year. Many top esport organisations follow this model, and have been doing so for as long as eSports has been around: SK Gaming, Fnatic, mousesports, Team Dignitas, Millenium and EG amongst others. I did read somewhere that after some 7 years of operation, Fnatic started turning a profit. You can't compare eSport teams with pro sports teams, because before something becomes extravagant, it first has to become sustainable. There were many cases in the past in esports where teams tried to be extravagant, only to end up bankrupt (I'm obviously talking about MYM). Also, the investors you see investing in eSport teams are not Abramovich or Sheikh Mansour; most of them are just people who have a few extra thousands to spare, and once they lose interest, they stop the money. The possibility of return in eSport teams is too low to even consider proper investment, except perhaps for an organisation with marketing prowess of EG level, and even then, I think EG is run off sponsorship money, rather than investment. There are a few success stories obviously...Natus Vincere started out as a team funded entirely by Ukrainian investor Arbalet, but after generating a huge following through their success, Na'Vi were able to continue on as a successful eSport organisation after Arbalet stopped injecting cash in the team. Invictus Gaming apparently have an extremely rich backer. AFAIK Complexity also started out with Jason Lake investing a significant amount of his own money in the team. My point is that eSport teams do need to be somewhat self sufficient if they want to be stable in the way the traditional esport teams mentioned above have remained operational for a decade and more. I really hope it all works out for LYGF, the owner looks very passionate and I will be following closely ![]() Yeah, but you have to realize that Dignitas, Millenium, EG, etc. are all teams that survived their early sunk cost period of growth until they could become sustainable. There were plenty of Quantics, Clarities and Eclypsias during that time as well. Ever team starts off with some sketchy periods. The only real difference between 10 years ago and now is that there really was no comparison point back then, and every team looked like LYGF does right now. | ||
jax1492
United States1632 Posts
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Akimbo
Canada104 Posts
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IcedBacon
Canada906 Posts
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Swift118
United Kingdom335 Posts
On January 05 2014 07:23 IcedBacon wrote: Why is the team name so awful? :p It's hard to see them ever becoming a team anyone takes seriously. Even signing Genius doesn't cut it for me. The clan name may not be exactly appropriate for gaming and arguably a pretty crappy name in general to give a team. One thing is for sure though is that the name evokes interest whether positive or negative and gains attention, which may have been a cunning plan by the creator. | ||
Zer atai
United States691 Posts
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Lorch
Germany3671 Posts
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Waise
3165 Posts
On January 05 2014 08:06 Swift118 wrote: The clan name may not be exactly appropriate for gaming and arguably a pretty crappy name in general to give a team. One thing is for sure though is that the name evokes interest whether positive or negative and gains attention, which may have been a cunning plan by the creator. how is it not "appropriate" for gaming? people who game don't have girlfriends / shouldn't love them? i think it's positive and shows a good sense of humor and a willingness not to take themselves too seriously do starcraft fans really want a bunch of tryhards, idras, huks, etc. who don't want to laugh about the game and are just sour and angry all the time? or is it just that there are a lot of romantically frustrated bachelors in the midst of this community? no, couldn't be that :p | ||
AlternativeEgo
Sweden17309 Posts
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Swift118
United Kingdom335 Posts
On January 05 2014 10:16 Waise wrote: how is it not "appropriate" for gaming? people who game don't have girlfriends / shouldn't love them? i think it's positive and shows a good sense of humor and a willingness not to take themselves too seriously do starcraft fans really want a bunch of tryhards, idras, huks, etc. who don't want to laugh about the game and are just sour and angry all the time? or is it just that there are a lot of romantically frustrated bachelors in the midst of this community? no, couldn't be that :p I am going to start a football team called "grow your own carrots". Obviously any name for anything is viable, but some words/phrases just do not fit in smoothly in certain situations or for certain outfits by public acceptance, this seems to be one of those cases. edit: also yes, I would prefer a pro scene with tryhards who take the game serious as a priority. | ||
UhrU
4 Posts
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