Insane Creator Scam | Asmongold Reacts
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- čas přidán 27. 12. 2023
- by @Coffeezilla • Insane Creator Scam
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► Asmongold's 2nd YT Channel: / zackrawrr
► Asmongold's Sub-Reddit: / asmongold
Channel Editors: CatDany & Daily Dose of Asmongold
If you own the copyright of content showed in this video and would like it to be removed:
/ catdanyru - Hry
21:00 no, this is absolutely illegal. Increasing the cost of goods is massively different in concept than having a markup, or taking your cut. In effect, suppose the product is $10 and they sell it for $30. They split the profit 80:20 so of the remaining $20, $16 goes to Mr. Beast and $4 goes to Revolt. That's the agreed upon deal. Instead, they are reporting a false COG, let's say $15 for simplicity, as the cost of goods, so they are instead splitting $12 and $3, but Revolt is secretly stealing the extra $8 by mis-reporting the cost of goods. The split of $16:$4 instead becomes $12:$8. And this is presumably done so that they can use the extra % cut to pay back for the minimum order, and sustain the alleged ponzi scheme.
I asked actually. Thanks @chibiqilin for explaining
@@yoshimitsu8922The NPCs are bugged in this version. They repeat "Who asked" non stop.
@@AllTheHurtit was a pretty important point to make since for some reason asmon was intent on making it seem as though that wasn’t a big deal
No, you're wrong. Their COG *is* the new markup. It's the price they are selling it to Mr. Beast. This is literally how all sales works everywhere. That cost differential is the cost of MB not knowing how much it costs to make those shirts. Coffeezilla is way off base here.
@@NeoFryBoy if one price was communicated to mr beast and the price is changed in secret then there’s a big problem. If not, and mr beast had agreed the new price then it’s kosher.
Let’s be honest, hundreds of grand on mansions and cars and dinners and flights isn’t about providing a ‘fun’ experience for people, it’s about clout and trim.
Yes. Although Asmon is correct that it can easily be argued that as a business expense. Larger creators are going to be more at ease and trusting to an organization that appears "large" and setup. Taking potential business partners to restaurants is very common. Which is why Asmon didn't find it weird till the guy used the business account to buy naked photos of people.
trim?
clout?
Second floor basement?
i thought i knew some english, clout and trim i needed some research on.. im poor probably xD
for the people that dont understand on the mr beast thing, say a shirt coast 20$ to a customer and the factory get 2$ for making it, after that the 18$ is now split from mr beast and revolt based on their %. what they were doing was saying the factory cost was 4$ pocking the extra 2$ and then taking there cut from the now 16$ sold shirt. thats what asmon means by double dipping and that is illegal.
Yea. he was confused with the company taking their cut which is perfectly normal vs the company taking their cut AND lying about production costs to take extra from that.
Your comment is very poorly written
@@bakielh229you’re comment is very poorly written
@@bakielh229you’re*
@@leftright2 nah he got it right
Asmon seems to have misunderstood this - but clothes being donated wasn't by Revolt, but by their storage facility when they weren't paid, and wanted to get rid of the stuff.
i was gonna say, those donations are peoples undelivered orders!
i think he did get that in the end, i was only listening on this on the bg but i think he said something like yeah it is bad since it was orders that werent deliverd
It was so frustrating to hear him say this and misunderstanding what was happening as it was an important part of the story.
That's not fully it either. It's for the creators to sell or donate off. They purchased the items and stored the items through Revolt. Any creator whose products were mishandled this way can sue for damages
Asom can't help himself he is full capo and I would never buy anything from him.
Asmon merch:
- crusty white tshirts. No wash instructions tags.
Unrinsed XL styrofoam cups. Straws extra.
Just put a tag on them saying "unwashable"
Bloody Gums wipe rags from when ( and if ) he cleaned the wall lol
"it is what it is"
The merch will be very expensive. You really don't know how much the delivery companies will cost you to ship a box with bio-hazard symbol on it.
I hate that we give shitty behavior a pass for "good business"
Welcome to America
Who are we giving them a pass for shitty behavior?
If a football team cuts a player to avoid paying them money owed, that's just business. If a corporation skirts taxes with loopholes, that's just good business. If t-shirt seller upcharges their product 100 percent, that's just good business. You would have to shut off your eyes and ears to never see or hear someone say that.
@@aj1218
Short term greed and fraud leads to short term business.
@@MrSanctuaryswelcome to the world*
Coffezilla blends himself into his scenes really well. Like the compositing is really good.
That's why he got that $10 million dollar studio
Coffezilla is an AI, there is no compositing. My man lives in the green screen.
It’s sad and very real how you can discover how monstrous a close friend of yours can be, without you even suspecting…
Oh Ive seen far worse on true crime channels. This Guy is just a guy who didnt just make it easy for himself and bought escorts instead.. But as far as I Can tell he didnt beat anyone or murdered anyone. So i wont call him a monster, yet of course
it's basic conman behavior.
you can't just judge people on how they treat just you and how you yourself have confidence in them, that's how they get you. if the signs are there for a conman the probabilities are high they indeed are a con.
@@likemysnopp Theft should be treated harsher than "beating" someone you're literally stealing the portion of their life that they sold to get that money/resources.
Depriving people of the products of their time investment is tantamount to stealing that amount of life directly from them.
This is an extremely scummy, but also EXTREMELY common practice in the apparel industry. Any time there is a company in between the brand and the manufacturer (e.g. liaison office, buying house), this exact practice takes place. And brands most often prefer to work with liaison offices, because it gives them plausible deniability. As in, if the factory burns down or there's a humanitarian crisis or worker abuse, they can save their hide and blame the liaison office. "The liaison office signed a contract with us that they would only enlist factories that have x, y and z conditions; how dare they break their word" and so on.
Nevertheless, when a brand tells their liaison office to manufacture - let's say - a denim pants for USD 10 per piece, the liaison office can now negotiate whatever they want with the manufacturer. If they can convince a factory to produce the product for USD 5, they will do it and pocket the other USD 5. Conventionally, the liaison company must only keep at max 5% of the price offered by the brand. In fact, it is illegal in some countries to keep more than 5% commission. But of course, you can open a shell company in Hong Kong or Singapore, get the contract from the brand to that liasion shell company and draft a new contract to the manufacturer from the shell company. This eliminates the government in India, China or Bangladesh from discovering what the actual price offered by the brand originally was.
In any ways, this is extremely common practice. Similar to the US Medical Insurance scam, your clothes would be of significantly higher quality and/or significantly cheaper and, most importantly, manufacturers would be able to provide better environment for the workers and cut less corners IF this stupid apparel liaison industry did not exist.
The idea that the government of c h in a would fight a 5%+ company profit for such a company when that government has created an environment where 1/3 of construction projects costs go to bribes, etc. of officials, is a bit ironic
Very informative. Learned a lot.
just wondering and playing the devil's advocate, but couldnt the increased COG be explained by increased cost of production due to global inflation?
like if they said it costs 12$ to make a hoodie in 2021 but the hoodie costed 14$ to make in 2022?
or is that just not how these deals work?
@@CrzyLion Similar to how the liaison office tries to negotiate as low as a price as possible with the manufacturer, they also want to negotiate as high a price with the brand (e.g. MrBeast). MrBeast is not talking to the factory directly, the liaison office (which is a separate company) is taking to the factory on MrBeast's behalf. So unless MrBeast does an audit himself or by an audit company, he has no way of knowing that the liaison office is overcharging him and undercutting the manufacturer. Some brands will do this. I remember it was either Mark & Spencer or some other brand who was tipped off that a liaison office in Bangladesh was undercutting a manufacturer and stealing commission from raw materials suppliers. The brand blacklisted not only the company, but also all the employee in that liaison. They were applauded because of it.
At any rate, if it was due to inflation, the Chinese manufacturer themselves will revise the cost sheet and quote a new price to the buyer. This whole penning down on top of the manufacturer's cost sheet reeks of trying to upcharge the brand, because that's how the industry operates.
@@nasifarefin2278 unironically this was an interesting read thankyou
for people claiming that changing the COGS is normal, it is not in these situations. the calculations would be worked out where revolt would pay for the COGS, the storage, and the transport costs, and that would be totaled and removed from the gross profits and paid back to revolt, and then with the net profits, that would be split between the creator and revolt. revolt was defrauding the creators by claiming higher COGS as that would be separate from the percentage of net profit they would be owed.
i think for people not familiar with bookkeeping, this can seem like not a big deal, but percentage splits are always AFTER the gross profit has COGS and other necessary admin costs removed, so skimming more money out outside of the agreed percentage via artificially inflating COGS is textbook financial crime.
yeah.. the influencers should've done per unit flat fee or just one big lump fee for xx k units instead. now they wouldn't even have a handle on how many units were actually sold
@lasskinn474 Hmm. It doesn't work that way. That's probably the only offer they got. So technically speaking they should have refused to sign it.
@@forbidden-cyrillic-handle "the only offer they got" only applies if you don't negotiate. mr beast for sure did negotiate.
that's how you get the bigger deals and thats how someone like jontron can only make a few vids a year, but since they're basically guaranteed 1 mil+ views there's a lot more leeway into negotiating which sponsor they use and into how much money the deal is and on what terms - where as a lower tier youtuber just takes whatever deal of the month there is or worse yet for their negotiation ability they just do videos based on how many deals they get.
well, it's a business lesson for them I suppose.
@@lasskinn474 Yes, you can negotiate. And the company can still say no. Especially if they are trying to scam you.
anyone who's bothered to pay attention to accounting or finance classes should be able to tell that this is illegal.
Coffee covers so many scams and actual illegal things that at this point that he could run an entire branch in our legal system.
No he couldnt. The dude Doesnt provide solid evidence when u compare it to actual legal work (at least in my country).
Like Yeah he does good things But people always underestimate the work the legal system actually does every day ..
@@likemysnopp yep i agree he shines more to spread publicity to people who could be criminal so people are aware for scams and fraud .
@likemysnopp it's more of an oversight review. The low level legal system does work, but the high end? They're more corrupt than the cartels. Any/all alphabet agencies are an active threat to the citizens.
literally nothing in this entire video would be useable in a trial...
we got anonymous ex employees (literally any business has ex employees willing to say the company is fraudulent)
we got anonymous clients who thought they were underpaid (literally any business will have clients that say they were underpaid)
and twitter people accusing him of being "pervvy" together with messages that could obviously just be photoshopped.
so girl that's not annon saying they own her 300k is nothing too? yikesssss@@CrzyLion
33:10 "This seems to be problematic" wins understatement of the year award.
Coffee has always been the guy to take the hit for us the people.
Cringiest thing I ever read
@@charismatic9467 you can't read much.
Said by a guy calling himself@@charismatic9467.
L bozo@@charismatic9467
I hate scammers and the vain influencers he covers, that said, I find the guy annoying and hard to listen to/look at.
Don't overlook the showering detail. That's absolutely vital.
Bottoming without being prepared would be very messy. Making the story more true than not. Someone who would do this to guys on a regular would want somewhere to clean up.
Also it's one of those details that seems insignificant and wouldn't be included if it were a lie. It makes perfect sense when you 'know'.
idk, doesnt really sound like the "assaults" were violent in nature, from how the victims described their experiences. or am i tripping? sounded more like coercion in most stories. hopefully you're wrong
Bruh i did need to know that detail. Holy shit (literally)
@mrloqqe1610 how is being manipulated to drink and being drugged for the act not violent
Asmongold not wasting a moment to slander shower takers.
@@anthonyjoy9719 bc there was no use of actual physical violence. for me violence is physical violence intended to harm the physical integrity of another human/person. you're right tho, i guess you can still call these acts violent in a broader sense. he definitely caused harm in some form or another. the level of violence doesn't seem totally clear to me, from the information or lack of information provided. was he violent in a way that caused physical harm? or did he "only" get his victims wasted and manipulated them until they "consented"? definitely horrible either way, but also very different potentially.
I used to work for a company that had things manufactured in China, in the same region as was on that invoice actually. I can testify that the companies will literally put whatever you want on the invoice, they do not care. But you do generally have to prepay them.
i seen it happen here they add a very low cost so they pay less tax when they arrive
Chinese companies are largely untouchable by the outside world. It’s why they sell android handhelds with thousands of illegal ROMs on them. Watch an American company try that.
If what they were doing with the factory costs was legit, they wouldn't need to have the factory fudge the numbers.
the contracts were such that creator share was of the book profits, which they reduced by fudging the numbers.
you shouldn't do contracts like that as someone licensing your name/brand, go for a fixed fee per unit or a big lump sum instead.
Its funny the amount of times in this video Asmon starts explaining a thing only for the video to be like "No, you're wrong, it's the bad thing, here's why"
I feel like it's only funny the first couple of times it happens, when it happens on every serious issue Asmon reacts to, you realize how out of touch his view on ethics and principles are.
@@W4TH3JE5U5 It's not that he's out of touch, it's him moderating his audience. Especially on the internet (though irl too), people tend to jump on the first impression they get, usually bad, and run with it without considering other possible explanations. Asmongold is trying to keep his audience level-headed, and to make sure they're not prematurely condemning a person or an action that COULD be explained otherwise. He may not necessarily believe what he's saying, but he's showing that there's reasonable doubt.
@patsteirer's observation is funny because Coffee did a really good job of getting to (or at least near) "beyond a reasonable doubt", and Asmon's timing was pretty perfect for getting his objections shattered lol.
Coffeezilla is officially the batman of creator scams lol
The point is, Revolt isn't getting the merch made and selling it to Mr. Beast. This type of deal works differently. This is the type of deal companies do with musical groups. The music group has a crap load of fans that want to buy merch, but the group doesn't know anything about designing, manufacturing and selling merch. The merch company has all the knowledge and connects to design, manufacture, and sell merch, but alone, don't have a crap load of people that want merch from them. So what happens is a partnership is formed to allow the group to provide merch to their fans, with little no effort from the band and the merch company is provided a huge group of people to sell merch to. The merch company will do all the work and pay all the expenses and then the profit is split, based on an agreed upon percentage. I am sure there are plenty of companies that want this partnership with the group, so one way to attract the group to your merch company is to offer a big advance on the deal. A big chunk of money, up front, against what you think the partnership is going to make. The group doesn't actually make any additional money off the deal, until their percentage pays off that advance, and then after the advance is paid off, they start getting checks for their percentage over the advance. If they don't sell as much as they expected, the merch company eats the loss.
The way for the merch company to play dirty, is to pad the manufacturing costs, in order to reduce the profit and reduce the amount of money they need to pay out to the group. In this type of deal, the merch company can't add markup, because they are in partnership with the group, not wholesaling the merch to the group. As a commenter commented, it is double dipping.
The other way the old school record companies and merchandisers also ripped groups off is to over print the records and the merch and sell them "out the backdoor" without reporting them to the group. This way they didn't need to give the group a cut. I would check to make sure this isn't happening also, because if they are cutting corners in one way, I would assume they would do it any other way they could get away with.
Probably my favorite content is Coffeezilla with asmon. Especially when he says he's had similar offers etc. So wild.
They should make an asmongold shirt. Classic white T stained in authentic Wendy’s grease.
In this kind of deal Mr Beast isn't buying the shirts from Revolt. Revolt was the middleman between the factory and mr beast, also handling logistics. For example if Revolt told Mr Breast they could make the shirts for $10, sell them for $20 and then revolt would get 20% of the sale. That would mean revolt got $2 a shirt. Now if the shirts actually cost $9 to make (revolt lied) then Revolt would walk away with $3 a shirt which is a 10% more than what was negotiated. In other words do you think Mr Beast would choose to work with Revolt for a smaller profit than working with another company?
He's not directly stealing from Mr Beast, but they lied about the costs of the shirt to get a larger profit, scamming Mr Beast. Depending on their contractual agreement it could be illegal.
Imagine buying a CZcamsr shirt for $20
@@bakielh229 I can't imagine doing it for 20 since he was selling them for 30
@@aj1218 $6 shirts being sold for x15 the normal price, and surprise-surprise everyone involved is scamming the next in line in the human centipede.
@@aj1218especially considering a standard blank t shirt at most clothing stores is gonna be $20 anyway 😂, hence why you only ever buy clothes on sale
Coffee is the hero we maybe don't really deserve but the hero we definitely need.
But the issue is they are presenting the price increase as manufacturing cost and not them just wanting to take a higher percentage, which would have likely been unattainable by contract. Hence the fraud.
It's crazy really, that part of due diligence doesn't include asking other people what their experience was working with the company; especially when this much money is involved.
A lot of people wont talk because they're already in it and want to get their money, as in right or wrong, why blow yourself up for others if that means you wont get paid or get sued etc?
It likely has to do with the young age of influencers and being contacted out of the blue with this opportunity. I'd imagine part of the sales pitch might be "I can give you this minimum guarantee, but only if you agree by this date. You can trust me because you see the merch drops I've done with XYZ creator."
One issue I've seen directly, is a company being sued for libel for talking. Essentially, if you ask someone if a company is legit or not, and they start suggesting against working with them, that statement can open them up to legal trouble.
And the way this works, it's not even important if you are right or not. Legal battles are expensive, and nobody wants to lose hundreds of thousands of dollars fighting a libel case, just because you technically made a direct statement that made a company avoid doing business with you.
The system is broken, and protects these kinds of companies. Due diligence wont assist you here, as long as the law can be abused to punish those that speak out. Why do you think Coffee had so much trouble getting sources to go public?
NDA?
@@KiyokoFaith I mean, no. That is just not true. Maybe if you ask them on Twitter or another public space. But if you call someone and have a private conversation? Of course they can't be sued for whatever. And anyways you can't be procecuted for recommending not working with someone. Talk to other people and share bad experiences. That is just the right thing to do and perfectly normal.
Nothing can stop anyone from filing a lawsuit about absolutely anything, but that doesn't mean you should be genuinely concerned or worried. People let themselves get bullied by mean people because they are afraid of lawsuits that have zero ground and will just be dismissed.
And your comment makes me angry, beacause you are by your comment advocating and pushing this destructive extremely cowardly selfish behaviour that will benefit only the bully companies who use these tactics and no one else.
Also, your comparison to going on coffeezilla is just laughable. Do you really think it is the same thing to just speak with a friend about what companies you like and becoming a literal public whistleblower? Come on.
They didn't donate it, they pledged it
"they" did neither. the warehouse owners did cause "they" stopped paying them storage fees.
Already saw the original video. Cannot wait to hear Asmon’s opinions on it
same here
Same
you're a real person
You know what would be even crazier. Hear me out. Having your own opinions
@@Father518 Not what the comment was inferring but go off I guess
It could have literally even been a good business if it werent for the owner's frivolous spending where dinners could have really been considered a business expense especially if its with clients. But he just had to burn bright and fast for miniscule clout flexes that he did not even need because he already had revolt and misfits!
Im assuming frivolous spending was not the downfall but poor business deals and management. They were probably getting over charged in storage and should have invested heavily in either having their own ware houses or gotten better deals on wear housing for the clothes ... Logistics is such a burden especially at those kinds of volumes production is the easy part that's why Amazon outdoes every one they have solid wear housing and logistics manufacturing is pretty easy.
His frivolous spending probably resulted in bad pr for him behind the scenes especially once it was discovered he was frivolous spending in order to coercer guys in to his hotel for later and the claimed assaults .. it all looks like really shity deals and no foresight on the management and the creators all of them wanted unattainable deals and piss poor margins especially logistics
@@DarthRambo007 Spending hundreds of thousands in very short amounts of time is not a little bit. One hundred thousand could get one or two people doing QA for an entire year. Instead you get a mansion and a Ferrari for 2 weeks? That's not frivolous spending, that's reckless spending. Especially when the business is offering minimum guarantees they might not recover on some drops.
About the hero fantasy, I've heard people say that in that moment you won't rise to the level of your expectations, you'll fall to the level of your training. Don't fool yourself into thinking you can be the hero without putting in the work, but also those situations are rare for most people so the training isn't really required and possibly even a waste of time.
Nice to see someone here who’s actually knowledgeable and knows their shit, I train multiples times a week praying I never have to put it into real world situations.
The other day my boyfriend and I were grocery shopping when suddenly a shoplifter was rushing out past us and employees were running after them, shouting. My boyfriend is a strong guy who had previously worked in security. Serious security. His training did kick in in the way that he wanted to run after and get that guy, I saw that he really wanted to. Luckily his brains said no. I don't doubt he would have been able to restrain this person as he's stronger and knows how to restrain someone. But he said he's not willing to get sued or persecuted if the thief gets so much as a scratch. When you're not in an official security function but a civilian, keep in mind that you maybe wouldn't be the hero afterwards anyway, but sued and ordered to pay the stealing mofo damage for their injury and emotional trauma.
NGL sometimes Asmon sounds like the perfect corporate lawyer.
The problem with the old stock ending up in thrift stores is that they may not have permission to dump other people's branded merch on the market in this way. It runs the risk of devaluing the brand and the merch in the public's eyes. If they had permission from the people that owned the brands, that is another story, but otherwise, this is not good.
The other thing is that if they are shutting down quietly, what about all the customers and the creators they owe money to. Are they making them aware that they are shutting down or are they just dumping the stuff at Goodwill for the tax right off and then disappearing?
So basically, don't buy overpriced merch from influencers that make more in a month, then your entire family in a year. Got it.
One of my favorite podcasters has an official shop on one of those sites like Red Bubble or TeePublic but can never remember which one and knows pirates have uploaded their designs to other sites. He says he doesn’t make enough money from merch sales to care about piracy so just google it and find the cheapest option.
I dont think the issue was changing the price; it was changing the price after the fact purely to meet a minimum contractual obligation that was missed. As in "shit, we're $2m short of target we need to add $2m to the order somehow or the contract is voided and we're fucked"...
26:40 is sums up everyone's reaction. I'm sure everyone did not see the twist coming unless they were already aware of the alligations
"Its hearsay" - yeah i definitely heard way too many people say it to ignore lmao
Doesn't really change it's hearsay
14:00 - We used to have a dude at our work do exactly this. The system is setup so that if someone replies to the closure, the job re-opens. His logic was that if they cared they'd reply saying it's been incorrectly closed.
This investigation took a pretty big twist 😮
When Coffee uploads it's always a major event.
Doing God's work.
I think it is interesting that Asmondgold is so focused on trying to give this guy the benefit of the doubt to Revolt that he glossed over the video where RyanP was filmed saying "Don't film this" while obviously watching someone in the bathroom @38:36 in the video.
How did you not see this like everyone else did?
He was too busy trying to find a defense for the guy, and saying there wasn’t enough evidence of how dangerous this dude is.
Yes, as a content creator it is in his best interest not to make false allegations when the video is still playing.
and "Don't film this" could be pass of as a joke among friends.
Asmon is focused too much in trying to "put himself in their shoes" or whatever. Hes not some big time fucked up scammer like this but Asmon has often relate to "scamming" or "business opportunities" to the shit he pulls in wow or something thus whenever he talks about scams, he just ends up relating it to himself or whatever
@@khalduras784 its only recently he's stopped calling someone being a piece of shit and scamming people out of their savings "finessing" them, kind of says a lot about how he views it.
It's not he's putting himself in their shoes, he's busy vicariously defending himself, because of all the scams and shit in the past and the times he (for some reason) proudly talks about how if he didn't stumble into wealth on Twitch that he'd currently be scamming people, and how even his mother knew it and said she was glad he got a different career. With that "yeah, I'm such a badass" grin on his face as he thinks "what if..."
Of course, not in this video, but he's talked about that a few times. IIRC in other coffeezilla reactions.
If i remember correctly in that video ryan said ”don’t film this” because one of the misfits was throwing up in the bathroom. (Could be wrong tho)
Sounds like Asmond knows he has probably ran across this Ryan guy in the past. “You can’t tell someone is evil.” I’m just kidding. Love Asmond reacting to Coffeezilla
Hes happy to react to other scam, but the ones hes implicated in like the BRANDfluence hes awfully quite about.
Damn no wonder my swagger souls hoodie took 3 months to ship. Its such a nice hoodie but idk if I want to wear it anymore now lol
Ryan is probably living it up in Bali/ Thailand right now. Also r.e the donating, I think the storage companies gave it away because Revolt diddint pay the storage fees.
I absolutely love how Asmon craps on union organised companies, then immediately complains about the injustice of scam organisations
Sarcasm r/whossh
I mean Unions aren't immune to scams either. They just tend to insure that the staff, and the Union bosses are paid. Everyone else is practically non-existent.
He was playing a bit, dude
Unions 👎
While asmon was doing a bit the idea that unions are good is qrong as well. Considering that in the US many unions are also scams or just the mob.
On the higher prices it seems from the sounds of it they didnt(werent suppose to) make money on the chinese cloths it was a % or set cost meaning the creators were suppose to pay the cost of the shirt.
21:00 the main thing missed here is that the profits for Revolt are supposed to come from the overall profits of selling, not from markup. Them going through and marking up on top of this is where it dips into fraud as that isn't marking up goods in a store, it's charging a company more for goods without their knowledge. An example of this would be you go out for dinner and purchase a $100 dinner, but you charge the company $105 for dinner and pocket the $5 every time. This is different to a retailer purchasing a product and then increasing the price.
@17:25 extrapolation is fundamentally dangerous and anyone with a legit science education should know that. I’m not talking shit to you are anyone that might not know better, I’m just pointing out that education tends to help defend against scammy BS and anyone selling you something on extrapolated data is either an idiot or a scammer.
There isn't anyone in this world that doesn't make predictions about what will happen. Those that do it well use prior data to do so. What do you mean extrapolation is idiotic/scammy. Not using prior data is guessing. Using prior data is still guessing but you are basing your guess on something tangible. I can extrapolate from your comment that you don't have "a legit science education" because this is literally what science is built on.
Any game studio that requires you to pay them money before the game is complete is a SCAM
Like the comment above said. No reason to go to extremes. Some are teams of 100's that have a hefty budget while others are just teams of three while working full time jobs.
Don’t work under contracts often?
For contractors there is an agreed upon amount of money before work starts and how it is distributed and received.
Yeah that’s 100% a lie. You clearly have no clue what you’re talking about 😂
that... would make the list of games that are scams very long
Doesn't have to be a scam but your money surely are risked, better buy finished "products" if you want to get what the product promises without risk since you can play said game the moment you buy it.
It's good to remember before printed paper there was ONLY hearsay.
I got out of jury duty once when I was one of the last 15 or so people left by telling the judge in chambers that I could tell she was obviously guilty based on her body language, etc.
the ending of the video of the footstep sounds as asmon is walking away caught me off guard and i cant stop laughing at it.
Asmon kinda ticked me off with how loose he was being with these scammers
He’s a scammer at heart
The idea that you would instinctively prevent a robbery is an Always Sunny in Philadelphia episode
Sounds similar to the Barney situation that happened with their plush. Sad to see.
God damn I clicked off this video too early, listening to this at work I thought it was just another money fraud Holy shit did it get wild
i had a friend that did exactly what asmo described "what do you mean? just press delete all" He worked at microsoft and what he'd do is clock in check his email, then press delete all. "well boss i guess no one is qualified for us to fill this position with"
"Piercing the corporate veil" definitely sounds like doublespeak.
Preventing forward spending is actually kind of difficult once you've fucked it up enough.
17:19 I love how asmon makes sweeping claims about how the estimated numbers were right and they weren’t intentionally scamming Mr Beast, immediately gets totally contradicted by the video and then just doesn’t address it
does he ever address any time he has been wrong? lol
Wasn't the reason they didn't reach the minimum guarantee numbers, that Asmongold found reasonable, that they lied about production costs and reduced the overall profit from merch as they were pocketing what would have also been included in the profit
Yeah, he's wrong. What else is there to say when it happens? Apologize every time it happens when he makes an incorrect prediction or gives the benefit of the doubt to someone who turns out to not deserve it? This ain't Twitter.
Happens in almost every drama video he watches
@@aaronjohnston2751maybe stop continuing to make such brazenly wrong claims or just acknowledge it? Not only does he not acknowledge anything, but he then goes onto make another claim about how charging mr beast more for the production costs “isn’t that bad”. He’s just so insanely wrong about pretty much every point and then doesn’t say anything. It’s a weird way to be dude
So its like the guy who scammed Barny on a grander scale? Yikes..
Isn't it the same guy/company?
@@Thebadguy9300 nope, that was InfluencerStuff.
People saying "it's not common" (to increase cost of goods). Your mechanic does this to you every time you visit. They usually tack on 10% or 20% to parts to make profit off of them. Has nothing to do with wholesale vs retail, they're buying the parts retail as well, they just add a charge on top to make some money off of that on top of their labor . Very standard.
Damn... Froggy Ninjago was pissed huh?
bro couldn't even wait 24 hours to post this?
no respect from the streamer clippers.
When you do deals of certain size both parties talk margins of how much they will make. And they have a transparent pricing structure. By altering the cost of goods sold it is directly lying to a business partner in a fraudulent manner. This isn't just raising prices. This is illegally raising prices and lying to your contractor
I fully believe that people who spend millions on renting super cars, private jets, and random other material objects that only give a short term feeling of pleasure, have much deeper issues that will never be solved with objects. They'll never be fulfilled this way, the only thing that keeps them going is the hope that one day they'll find something that fills that hole.
lol the stomping noises at the end
Just imagine a company that does good business practice and actually profiting as well as keeping their customer satisfaction high.
Why is this being a harder reality? Or is it that these companies are out there but because there are no drama around them, they are seemingly invisible while the company like Revolt is being a dumbass and cause shit to hit the fans?
streamers/companies wants higher profits, customer satisfaction comes second.
Having company like Revolt is just a mask that the merch is just sweatshop products with labels slapped on them.
Also Revolt could be offering higher profits than any next company.
Because everyone is crazy for the money
Because decent people don’t go into business. Greedy people do.
scammy people like this usually preach massive profits which a legit company will not cause that's not logical at all. most creators are young kids who get blinded by the massive difference in the offers.
@@ninakore thats an idiotic remark.
Really wish asmon watched the post credits part. Showed a clip of Ryan that I believe shows the guilt hidden on his face
There is no way some of the other members didn't know their manager was doing this creepy and immoral shit.
At the end when he says I'll be right back, I waited and waited then realized the video was over.... I was just listening to the video. Lol
42:27 💯 the 3Fs; fight or flight or fteeze. It's easy to say what you'd do outside the situation until you're in it.
I once went to a function with my brother and we met his friend (I was in 20s). He introduced me the person and then my brother walked away to attend other matters. The 2 of us sat down and talked, we were just having small talks and suddenly he put his hands onto my thighs (almost/on inner thigh??) and caressed a little. I just froze. I don't remember what i said/did after, but i remember the fear and discomfort at that time. I never "reported" to my brother because i didn't know if he had any ill intentions or i was simply overreacting to male touch (context: i was a little socially awkward). Thankfully nothing else happened and i never met that person anymore, but he gave me a good lesson: never be so sure of yourself and have empathy to victims who didn't speak up or defend themselves.
There have been debates about a fourth F: "fawn." It's where a person in a threatening situation tries to appease their aggressor by agreeing with them and doing what they say. I personally do agree with it being real.
BY THE WAY this is the business model that EVERY health insurance company uses with perscriptions
Apart from a factory price, were there shipping payments to the store & store inventory renting fees included? I tried business with China goods before. The factory price was really good, but the shipment time, insurance (things got stollen by the shipping company), and other fees made local products more affordable. I believe Revolt did not choose a good supplier. I would recommend MEEST for China (they also had fq-ups but less than no-name companies).
All the stuff in China is made in Bangladesh as its cheaper. Why do Americans still get stuff from the far more expensive country?
Reminds me of the Kast Media situation that happened earlier this year
Getting chinese manufacturers to change details on invoices/purchase orders is common practice when importing unfortunately in order to reduce taxes. In some industries this is so common practice and margins are so slim that if you don't do this you won't have a business/remain competitive so you have no other option.
Asmon's normal contrarian nature had him defending the guy until proof of him using business accounts to pay for the personal things.
Sexual assault? Nah fam that can be justified
Use CZcamsr funds? Now that's over the line.
The only time he doesn't fence sit is when it comes to loot in a game... He'll Ninja... Then slide back on to his fence.
Yeah
Did he defend sexual assault? What?
Sexual assault *allegations*, can be faked. But Asmon immediately curbed the chances by mentioning that it's all private individual allegations which drastically lowers the potential of it being fake.
Funny thing is if they truly tried and provide a good product & service its gonna be a banger of a company. Yeah sure they add on top of the product cost but that's what middleman too, problem is they too stupid to see they can make more if they legitimately tried doing business
I started at station 6 on the beach in St Johns county. First brush fire at 16 dive rescue team, endless accidents, first structure fire at 18, and on. No most people run the moment things pop off but yes ever man wishes they where that guy. Ask yourself this, is the attempt at the betterment of their fellow man is worth putting their life on the line.... you just might be that guy
At least give the OG video a few days before farming it
This argument doesn't work as 80% of people here weren't going to watch it on their own. They aren't watching cause of the type of content. They're watching cause Asmon has an opinion and that's what they care about.
im watching this after i watched it on coffezillas channel and sometimes i do it the other way...
Oh come on, did you see how fast Xqc hopped onto it? And you're calling Asmon bad? 🙄🙄
@@Terrobility okay not that I even agree with that guy but this is a stupid argument lol "theres worse" yeah okay sure what of it
@@charmolettafranquestafiestayam well with XQC it's a known thing that he doesn't follow the 24hr rule. In those same commentary videos, they highlight Asmon as one of the good guys for always linking the original in the description.
I'm actually a bit worried Coffee will take a legal hit with this one
It seems so easy to scam these creators. You'd think if they're going to spend $500k+, you'd hire some good lawyers first to make sure it's legit
I guess the problem is that many of them may have been surprised at their channels getting so much bigger than anticipated. They're maybe still not entrepreneurs in their minds, but some dudes who make videos/stream games and got lucky to earn lots of money with it. All the more reason to seek professional help with business decisions, but my guess is some of them were still stuck not realizing the consequences.
The character witness accounts would never hold up in court. If your gonna talk about someone’s character it has to include the good and the bad.
“Unionized companies have morals”
Hilarious because the last company I worked for was unionized and did multiple illegal things and paid us below legal wages and the union did literally nothing except take money from us 😂😂😂
Work for another business in the same industry that’s family owned and everyone is treated like family 🤷🏻♂️ crazy 😂
Unions = the things they swear to fight
Unions are only as good as the people that are in them
Maybe it's because Hollywood is flooded with them but this rosey idea of modern unions puzzles me. Unions aren't the turn of the century groups fighting for weekends or benefits, they are in a lot of ways no different than the upper middle management at companies just looking to cut corners where they can to make more money.
Meanwhile our union at work got us 3 pay rises this year. With the third one they set the bar for the industry I work in.
@@Terrobility company I worked for did the same... because they couldn't find people. Unions are just another level of bureaucratic red tape employees have to jump through and get basically taxed for the privilege.
Revolt is a lot like YT. Bet their friends get their stuff properly.
Heresay is people talking about something they were not a party to. If he said it directly to you, its not heresay.
“See like that one is over the line” idk why I laughed so hard when he said that lol
you're telling me a youtuber did a bad thing and is a predator? who could have seen this coming??!!
Please just give me ONE THUMBNAIL without Asmon's hand on his face.
ONE.
Try this: Why Tipping Is Out of Control In The U.S. | Asmongold Reacts
They are afraid of being sued. If they were, there would be more due diligence. They're afraid of the reputation hit. So many of the same influencer name's keep popping up on different scams, especially around crypto that gets rugged at launch.
I wonder if Bunker Branding is at capacity. There's obviously great demand on the creator side of things, and they seem to be doing right by the people who come to them. They should reach out, privately even, and see who'd be in. I know a lot will shy away with the gun channel origins, but I'm sure a lot will see the value in a merch partner that's been better than good so far.
Oddly I really enjoy your opinions on things. Your always willing to defend the subject until it goes too far. Thanks for fighting for the "little guy" while they are defensible. Thanks Asmon!
Multimillionaire literally laughing at the thought of using unionized, American labor.
Makes sense considering his entire Stream is stealing the work of actual content creators in the form of highly researched, scripted and edited videos
And Asmongold can't even so much as link to the original video in his description
The little guy? Lmao you’re wild bruh
Did you miss the part where Asmon doesn't give a fuck about ethics or principles in favor of making a few extra dollars by using sweat shops? Swear some of you fans are just brainwashed into loving any of his opinions
@@W4TH3JE5U5 lmao he just says that it's common, not that it's good
i love you asmon and your content keep up the awesome work 😂❤
The same thing happened in an office I worked, and it happen constantly, we were left helpless cause he worked for Redcross by bribing people and legal action was taken for fraud, but the system here sucked. and it was a lot of people that just moved on after this cause they didn't want the hassle. But a lot of things like this happened with a lot of evidence that i have but cause i am from a 3rd country we never really got to do anything.
The scam wholesale prices come in when your supposed to be taking a cut from the sales of merch , not the production of the goods . The wholesale price is factored in on the merch price . Revolt are basically taking a cut from the wholesale price because they knew that retail wasn't selling ...
Every time I watch Asmon react to serious topics the more I realize why this guy is an entertainer and not an educator.
He acts like his way is THE way. I have a good friend like that. Love him, but these people who believe that life/things in life should be to their imagined standards, it's so ridiculously ignorant. And don't confront them with it. They will die before they admit they're wrong.
asmongold suddenly trying to find ways do defend everyone involved in drama just so he doesnt get into any drama himself
That is about 13-20 man years of support!
34:53, 35:03 Someone is hightailing it to a country that doesn't have any extradition laws
The sad part is I am a big fan of some of the Misfits members but they definitely knew what was going on
Asmongold literally knew the video was about Revolt before there was any info about the company, it's likely he had heard things about them beforehand as well. Seriously, the vast majority of these react streamers are operating with a veneer of ignorance just to pander to their audience.
“Unions have morals” is the most ignorant blanket statement of the day.
Holding a business hostage and holding the business's employees hostage is a type of morality...
there is a differents between "good" and "bad" morals
At least go with what they were for early on (in theory at least)... "Unions provide workers of a minimum quality/skill".
Bad morals is an oxymoron.
Will Neff ended up paying back the customers who didnt get the merch from his own pocket
The sad thing it's likely no one will get any money back.