VSHOJO IS SHUTTING DOWN PENDING LEGAL PROCEEDINGS
Link :
Gunrun, real name Justin, who was a founding member of Twitch recent revealed that they're shutting down after mismanagement of Talent and Charity funds to which he takes full responsibility for
And to those who don't understand, what the company tried doing was taking that money that was supposed to go to the Talents and to charity, investing that money, waiting for a return on that investment, and then given the money that it's stolen to the people it was meant to originally go to before they noticed/after a couple "internal delays", basically making a profit of the money that they shouldn't even have in the first place
However it is clear that they made some terrible investments and could not recover the money, so then they had to take more money from their Talent to cover the investments and then even more money to reinvest into another thing to recover the money that they already took
And this would have never happened if they just gave them money to the right people when they were supposed to
This also means VshojoJP head manager, LIED to KSON yesterday on stream, he said he believed they were in a good financial position and that they had the money to pay her they just weren't paying her
