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ESGN in financial difficulties? - Page 5

Forum Index > SC2 General
110 CommentsPost a Reply
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TheBloodyDwarf
Profile Blog Joined March 2012
Finland7524 Posts
May 29 2014 08:02 GMT
#81
On May 29 2014 16:56 neoghaleon55 wrote:
Show nested quote +
On May 29 2014 07:06 Shellshock wrote:
wow I'm shocked

shellshocked?
or sarcasm

"Shellshocked" should be thing.
Or
Im going to Shellshock you
Fusilero: "I still can't believe he did that, like dude what the fuck there's fandom and then there's what he did like holy shit. I still see it when I close my eyes." <- reaction to the original drunk santa post which later caught on
AlternativeEgo
Profile Joined August 2011
Sweden17309 Posts
May 29 2014 08:23 GMT
#82
On May 29 2014 15:54 malady wrote:
Show nested quote +
On May 29 2014 15:48 TheBloodyDwarf wrote:
Actually, I have heard name esgn but I have absolutely no idea what they did. Did they host events?

If they have used so much money,maybe they should have used more to advertise their "product"


the only thing I remember is "the bitches"


Why was I never told about this? They held a Starcraft show? I watch Starcraft. A lot. But no, not a word. Wow you guys.
Mark Munoz looks like Gretorp
Pembar
Profile Joined November 2011
297 Posts
May 29 2014 08:34 GMT
#83
I watch a lot of LoL and sc2 but actually have never heard of them. =(
Arthayze
Profile Joined January 2014
France108 Posts
May 29 2014 08:56 GMT
#84
I thought it was common knowledge that the Sapinda group uses e-sports as a way of hiding their financial losses ? Like, "no no we didn't lose a lot of money we invested in something!" knowing very well there'll be only losses and no returns.
Lifuuuuu
Krogan
Profile Joined January 2011
Sweden375 Posts
May 29 2014 08:57 GMT
#85
It's a shame but hardly surprising that an organization casting content recorded weeks ago is doing badly in esports.
JustPassingBy
Profile Blog Joined January 2011
10776 Posts
May 29 2014 10:39 GMT
#86
Hm, I only watched them for some Hearthstone, were they even covering sc2?
Squat
Profile Joined September 2013
Sweden7978 Posts
May 29 2014 10:52 GMT
#87
I for one am mightily surprised by this shocking and unexpected turn of events.
"Digital. They have digital. What is digital?" - Donald J Trump
SpikeStarcraft
Profile Joined October 2011
Germany2095 Posts
Last Edited: 2014-05-29 11:06:07
May 29 2014 11:00 GMT
#88
We all knew this day would come.

They just lit a big money bonfire and now its in ashes and everybody was watching in awe, knowingly.
Liquid`Ret
Profile Blog Joined October 2002
Netherlands4523 Posts
May 29 2014 11:04 GMT
#89
all that money, used so very wrongly :/
Team Liquid
Hider
Profile Blog Joined May 2010
Denmark9447 Posts
May 29 2014 11:22 GMT
#90
On May 29 2014 17:56 Arthayze wrote:
I thought it was common knowledge that the Sapinda group uses e-sports as a way of hiding their financial losses ? Like, "no no we didn't lose a lot of money we invested in something!" knowing very well there'll be only losses and no returns.


Yeh, that was actually why I wasn't impressed at all by Richard Lewis article. All the information posted in the article was something I had actually researched myself to weeks prior in about an hour. The real question is what type of advantage the guys behind Sapinda gets from investing in nonprofitable investments. It would be awesome to see journalists research on that subject.
traderjoe
Profile Blog Joined February 2011
Germany69 Posts
May 29 2014 11:50 GMT
#91
D:
nkr
Profile Blog Joined November 2010
Sweden5451 Posts
May 29 2014 11:59 GMT
#92
On May 29 2014 20:22 Hider wrote:
Show nested quote +
On May 29 2014 17:56 Arthayze wrote:
I thought it was common knowledge that the Sapinda group uses e-sports as a way of hiding their financial losses ? Like, "no no we didn't lose a lot of money we invested in something!" knowing very well there'll be only losses and no returns.


Yeh, that was actually why I wasn't impressed at all by Richard Lewis article. All the information posted in the article was something I had actually researched myself to weeks prior in about an hour. The real question is what type of advantage the guys behind Sapinda gets from investing in nonprofitable investments. It would be awesome to see journalists research on that subject.


Yeah, you know, journalists job isn't always to inform people who are already informed, but to inform those who aren't. Good job on you though, I am really impressed with your research. Keep it up, champ!
ESPORTS ILLUMINATI
zev318
Profile Joined October 2010
Canada4306 Posts
May 29 2014 14:43 GMT
#93
On May 29 2014 20:22 Hider wrote:
Show nested quote +
On May 29 2014 17:56 Arthayze wrote:
I thought it was common knowledge that the Sapinda group uses e-sports as a way of hiding their financial losses ? Like, "no no we didn't lose a lot of money we invested in something!" knowing very well there'll be only losses and no returns.


Yeh, that was actually why I wasn't impressed at all by Richard Lewis article. All the information posted in the article was something I had actually researched myself to weeks prior in about an hour. The real question is what type of advantage the guys behind Sapinda gets from investing in nonprofitable investments. It would be awesome to see journalists research on that subject.


they could report more losses then they really did lose, paying less taxes. money laundering is always another issue.
crms
Profile Joined February 2010
United States11933 Posts
Last Edited: 2014-05-29 15:25:34
May 29 2014 14:57 GMT
#94
can we start calling out all the personalities and members of these consistent snake oil, scam artists? I'm looking at everyone involved in peddling these products and the behind the scene managers of GEM, Azubu, Clauf, tumba, artosis, etc., it's always the same clowns involved in all of these projects. Are we just going to keep ignoring that because they were nice members of the community at one point?
http://i.imgur.com/fAUOr2c.png | Fighting games are great
Kergy
Profile Joined December 2010
Peru2011 Posts
May 29 2014 15:13 GMT
#95
seems like usual #esports to me
Everyday Girl's Day~!
WoodLeagueAllStar
Profile Joined August 2012
United States806 Posts
May 29 2014 15:16 GMT
#96
Lots of hindsight in this thread, of course they didn't know they would lose so much money. That makes them bad people for giving eSports a try? C'mon guys!

The leadership in this failure don't deserve to be paid for doing such a poor job, if anyone should get paid though it should be the technical guys because I haven't seen any issues there. I mean I will join the sadness for the people who won't get paid but also remember that everyone involved with this gets it on their resumes at worst its a unpaid internship.

I personally liked the show but nobody would give it a chance because of the showgirls, I think they underestimated how much people would get offended by that. Also the showgirls never changing their outfits was embarrassing, I think we would see them in schoolgirl outfits all year? I forget but whatever. After seeing what Frodan and Lauren were able to do at NASL I was hoping him and the showgirls could do some funny interactions.

Also, the problem with doing the entire thing pre-recorded was they couldn't change their approach or do enough adaptation to serve their viewers better. We told them to change things and they say "we're listening, we are" then of course the deed was done and the showgirls remained.

The SC2 content was the worst... ugh. Too much randomness and awkward English interviews sober with a bunch of guys only fun when drunk. I loved the fighting game content, those guys were funny and nice to see some other persons of color in eSports and the couch interactions were the best, but I kept looking for it but forgetting it was on and doing something else.

Which is the main problem with fight night, you tune in then its a game you don't want then forget when it is a game you want. I wish the entire thing was just FGC also but they needed Hearthstone.

The problem with Hearthstone was, the boring rules and presentation, listen I can watch a turn based card game, but if turns last 5 minutes ain't nobody got time for that, does it take that much time to decide? BTW I feel Hearthstone is a game on a serious decline, I notice Kripparian and Hafu getting half the viewers, and hope the 250k tournament isn't a huge bust.

Welp thats my post mortem, sorry to all involved.
In 1984, I was hospitalized for approaching perfection. --Random Rules
imre
Profile Blog Joined November 2011
France9263 Posts
Last Edited: 2014-05-29 15:20:53
May 29 2014 15:18 GMT
#97
On May 29 2014 23:57 crms wrote:
can we start calling out all the personalities and members of these consistent snake oil, scam artists? I'm looking at everyone involved in peddling these products and the behind the scene managers of EGM, Azubu, Clauf, tumba, artosis, etc., it's always the same clowns involved in all of these projects. Are we just going to keep ignoring that because they were nice members of the community at one point?


don't worry they're all working hard with GEM.

+ Show Spoiler +
On May 30 2014 00:16 WoodLeagueAllStar wrote:
Lots of hindsight in this thread, of course they didn't know they would lose so much money. That makes them bad people for giving eSports a try? C'mon guys!

The leadership in this failure don't deserve to be paid for doing such a poor job, if anyone should get paid though it should be the technical guys because I haven't seen any issues there. I mean I will join the sadness for the people who won't get paid but also remember that everyone involved with this gets it on their resumes at worst its a unpaid internship.

I personally liked the show but nobody would give it a chance because of the showgirls, I think they underestimated how much people would get offended by that. Also the showgirls never changing their outfits was embarrassing, I think we would see them in schoolgirl outfits all year? I forget but whatever. After seeing what Frodan and Lauren were able to do at NASL I was hoping him and the showgirls could do some funny interactions.

Also, the problem with doing the entire thing pre-recorded was they couldn't change their approach or do enough adaptation to serve their viewers better. We told them to change things and they say "we're listening, we are" then of course the deed was done and the showgirls remained.

The SC2 content was the worst... ugh. Too much randomness and awkward English interviews sober with a bunch of guys only fun when drunk. I loved the fighting game content, those guys were funny and nice to see some other persons of color in eSports and the couch interactions were the best, but I kept looking for it but forgetting it was on and doing something else.

Which is the main problem with fight night, you tune in then its a game you don't want then forget when it is a game you want. I wish the entire thing was just FGC also but they needed Hearthstone.

The problem with Hearthstone was, the boring rules and presentation, listen I can watch a turn based card game, but if turns last 5 minutes ain't nobody got time for that, does it take that much time to decide? BTW I feel Hearthstone is a game on a serious decline, I notice Kripparian and Hafu getting half the viewers, and hope the 250k tournament isn't a huge bust.

Welp thats my post mortem, sorry to all involved.


if you dare to inform yourself on Windhorst, sapinda and azubu you'd know why people are acting like that. The irony is that ESGN were bad enough to burn the money that quickly from what was most likely an investment scam since the beginning
Zest fanboy.
Hider
Profile Blog Joined May 2010
Denmark9447 Posts
Last Edited: 2014-05-29 17:08:51
May 29 2014 17:04 GMT
#98
On May 29 2014 20:59 nkr wrote:
Show nested quote +
On May 29 2014 20:22 Hider wrote:
On May 29 2014 17:56 Arthayze wrote:
I thought it was common knowledge that the Sapinda group uses e-sports as a way of hiding their financial losses ? Like, "no no we didn't lose a lot of money we invested in something!" knowing very well there'll be only losses and no returns.


Yeh, that was actually why I wasn't impressed at all by Richard Lewis article. All the information posted in the article was something I had actually researched myself to weeks prior in about an hour. The real question is what type of advantage the guys behind Sapinda gets from investing in nonprofitable investments. It would be awesome to see journalists research on that subject.


Yeah, you know, journalists job isn't always to inform people who are already informed, but to inform those who aren't. Good job on you though, I am really impressed with your research. Keep it up, champ!


I didn't say it was bad. I just said it wasn't this journalistic masterpiece that some guys at Reddit thought it was. It was rather basic journalism. Richard Lewis himself kinda agreed on that when he himself stated that it was all infromation that was easy to find on the Internet.

Now what really impressed me on the other hand though was that TL guy who first wrote on Azubu before anyone else had raised mysterious concerns. That guy definitely did more than one would expect.

they could report more losses then they really did lose, paying less taxes. money laundering is always another issue.


Who reports more losses? Sapinda Investment Group? That would work through them clamining to investing $26M in Azubu and claiming to loss it all despite only investing like $2M (and losing $2M)?
felisconcolori
Profile Blog Joined October 2011
United States6168 Posts
May 29 2014 17:32 GMT
#99
On May 30 2014 02:04 Hider wrote:
Show nested quote +
On May 29 2014 20:59 nkr wrote:
On May 29 2014 20:22 Hider wrote:
On May 29 2014 17:56 Arthayze wrote:
I thought it was common knowledge that the Sapinda group uses e-sports as a way of hiding their financial losses ? Like, "no no we didn't lose a lot of money we invested in something!" knowing very well there'll be only losses and no returns.


Yeh, that was actually why I wasn't impressed at all by Richard Lewis article. All the information posted in the article was something I had actually researched myself to weeks prior in about an hour. The real question is what type of advantage the guys behind Sapinda gets from investing in nonprofitable investments. It would be awesome to see journalists research on that subject.


Yeah, you know, journalists job isn't always to inform people who are already informed, but to inform those who aren't. Good job on you though, I am really impressed with your research. Keep it up, champ!


I didn't say it was bad. I just said it wasn't this journalistic masterpiece that some guys at Reddit thought it was. It was rather basic journalism. Richard Lewis himself kinda agreed on that when he himself stated that it was all infromation that was easy to find on the Internet.

Now what really impressed me on the other hand though was that TL guy who first wrote on Azubu before anyone else had raised mysterious concerns. That guy definitely did more than one would expect.

Show nested quote +
they could report more losses then they really did lose, paying less taxes. money laundering is always another issue.


Who reports more losses? Sapinda Investment Group? That would work through them clamining to investing $26M in Azubu and claiming to loss it all despite only investing like $2M (and losing $2M)?


Your money laundering fu is not quite up to par. Making investments in businesses that end in losses is only one part of the operation. Tax-wise, they invested 1.6 mil and lost 1.6mil. What you don't see is who payments were made to by the investment vehicle, and how those payments were made. Think $600 hammers and outside consultants.

However, that's all IF Sapinda is engaged in alleged money laundering through eSports loss vehicles.
Yes, I email sponsors... to thank them. Don't post drunk, kids. My king, what has become of you?
Kasaraki
Profile Blog Joined May 2012
Denmark7115 Posts
May 29 2014 21:29 GMT
#100
I wonder how naive you have to be to not only believe the promises of Claufzubu, but also not even sign a contract. I'd feel more sorry for them if they hadn't repeatedly tried to spread the good word of Clauf on these forums.
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