Don't play your fans for fools. This is the reason apps like Patreon exist. There is clearly something bigger going on, so before you dig yourself a deeper hole, please actually listen to your core audience and tell them the truth, and don't try to scam them out of their hard earned money.
I have enjoyed watching your documentaries, but stuff like this just turns me and probably a lot of other people away from engaging with your channel any more.
EXACTLY! You're asking people to "invest" to repay your debt! That's not an investment. Just tell us if you need help and we will help you. But don't make a big scam and lie about needing help!
Yep, this is it I unsubbed because of this because i see exactly how it is. His own personal opinion on his company's value and the value of his VR content is like me saying i have a networth of 10million because i will make a social media platform that might take off in 15 years.
I feel bad for him. It seems as though he has a gun to his head or he's shameful about getting himself into this situation - telling the truth would be the best option here, and I would respect him a lot for it
Agree, i would be happy to chuck $20 in a pot with no expectation of anything in return. and imagine 10x more people would be willing to do that than would 'invest' $100.
He just told you what's going on. Well, more rather he quickly glossed over it. Somebody at disrupt studios broke up with them. Jack wants your investment so he can keep creative control. It appears that 10% is what is needed to swing the balance in his favor. Seems deceptive.
The problem with funding Disrupt with investors is that you’ll inevitably be forced to prioritize making money over strictly content creation. You’ll have to monetize your platform in unlikeable or unfitting ways, or risk sinking the entire project. Investment is not a bad idea for a media company, but this brand isn’t currently big enough to guarantee anything for it’s investors. There’s a reason other people in your shoes might just start a Patron. Ask for support from your audience, people who already love the stuff you put out. You’ll be beckoning to people who are much more likely to support your channel based on passion and a will to see the creative power behind this company succeed. Currently, you’re advertising to people with an investment mindset, yet showcasing really how poor of an investment this is. Right now, with Disrupt’s current size and project output, you need to play into your strengths, and currently those are your production quality and fanbase. Not your ability to garner a profit.
Luke Whyle2022-07-24 15:03:03 (edited 2022-07-24 15:13:23 )
Raising $500,000 to save the channel via crowdsourcing is completely fine, as long as you're upfront about it. I imagine many people would be willing to chip in a couple bucks to continue seeing content from a channel they like.
But asking for a minimum of $100 per person and then trying to pitch the whole thing as some kind of "investment"?
Exactly a minimum of 100 dollars is way to much for long time supporters of the channel who can't afford blowing a hundred bucks on a YouTuber, I hope all goes well for disrupt bc it's my favorite YouTube channel but there has to be a better way to raise money
Much of this smoke and mirrors discourse could've been avoided by implementing a Patreon, possibly combining it with Disrupt Plus, to give yourself full creative and financial freedom. Or in some way or another, explore memberships, literally an already existing feature on this platform. You'd be justified to use that money without shady promises, even for matters you're not comfortable disclosing to your public audience in the first place.
@Absak This should have been the first step 100% as it is a tried and tested method that is increasingly common in the YouTube ecosystem. A strange and vague way of generating channel funds was definitely not the way to go.
The difference being, the other half owner would get 50% of all the revenue, which would raise his 1 million dollar evaluation, and make the buyout harder. This way, jak can say “I’ve projected the ability to be crowd funded, at the current evaluation, for only a ten percent stake” which would solve his problem. The whole time not taking a single actual dollar yet. Hence why it’s done on the platform that it is
@Mayhem Keys more honestly, if the channel had a new revenue stream that made any money, it would likely be grounds to raise the number from 500k to more because... the channel would be more profitable. but as it turns out, jak is the one who valued the buyout at 500k
@Cheese Cake gumroad? ko-fi? or set up their own and get 100% of payment, like ross creations did. literally any option would be better than what they're doing now
Damn you really dodged the real concerns people were having. I get it you need to pay off your debt and I do think deep in your heart you think that your channel is something worthy of investing in, but I gotta say it’s a bit eye opening to see all the negative comments on your last video and then watching this short Q/A video that dodges the real concerns in favor of responding to questions from people you view as potential investors. It’s a shame you’re doubling down and aren’t even addressing the main concerns people have with this.
@Cheese Cake he doesn't get any money, it's just to see how many people are willing to. if he does reach the goal then you are asked again if you want to continue then you pay, if not ALL the money is refunded
Because then you have to be accountable.. The way they are doing it, I'm sure the fine print says that you agree that your money could disappear and you can't do anything about it.
1) how has disrupt been valued at ten milly but couldn’t make enough to pay off the 466k debt for a couple years
2) so the crowdfunding is supposed to cover the debt but investors in total are only being allocated 10% of the channel to pay off the other guy who has 50% for the same price
3) what happens to investors money if it goes to plan b? Do investors keep stock after the restructure or is the money lost or refunded?
I honestly think that investing in this channel would be a good idea if it was thru like the nyse or something and not thru some random app. Plus these numbers just don’t add up lol
I feel stupid for not realizing that he said that the company is valued at 10mil for 100% but apparently a 51% is supposedly worth 500k while also being 10% simultaneously
It's not a debt though, it's a potential buy-out. Firstly I don't think he can use the money the company owns to buy the shares (not to mention he says he only expects a few cents in return the next few years), but he also might have to pay more money if the person who owns 51% sets their price higher as the channel grows.
Still scummy that they don't go more into detail about this, there should be a whole video detailing the situation, though if somebody owns 51% I don't understand why he wouldn't rather just quit the channel and make a new one instead. Unless he for some reason signed a non-compete.
@ITR It’s not a “potential” buyout, he already bought out a company with money he didn’t have and now he’s trying to pay off that debt. Very different.
4 likes
Bob Dylan2022-07-24 19:18:51 (edited 2022-07-24 19:22:34 )
@サッポロビービー the 500k was a buyout from 1-2 years ago. before the company was making 200k. the 10 mil valuation is a future valuation. its what they expect the company to be worth in the future. but to be honest the only bad thing about the company’s financials is their current debt. Otherwise they look great. very low operating costs and their revenue and net income quadrupled in one year. if the debt is fully paid off then the price per dividend per price (assuming their income stays the same or increases) is actually on par with the dividend per price of stock for the S&P 500. If you personally believe that Disrupt will be some huge media corporation that gets bought out for hundreds of millions in the future then its not a bad investment imho. I’m not sure if I will be investing. and if I do it would be $1,000 or less and only purely as a hail mary gamble. But I actually went through their financials and calculated an appropriate price for preferred shares at their given income and (assuming the debt is paid off with this funding round) then the price is actually in line with most publicly traded companies. The only other risk I can see is how their fans view this play. This could hurt their future income. but if they survive this its a pretty average investment opportunity and if you want you can think of it as a crowdfunding opportunity and just throw $100 at it. worst case you help out a company you love. best case in 10 years that $100 will be $1,000 for beer money lol
2) I imagine they didn’t go for the full 50 because of how much that would mean bending their creative choices to the shareholders — and 10% is just enough for that to not be a serious concern (depending how they restructure) while also being just enough to still pay back the 400k+ over some time
Calling paying off a debt " a investment " is a joke. Call it what it is , a fucked up financial situation in which he is trying to exploit his viewers to pay it off.
@Fidelio yeah he could've made Patreon exclusive content , limited supply merch , done more ad reads , you name it. Anything wouldve been better than this half assed plan that he calls a investment.
I’m almost certain that if you left your money in a long term savings account you’d get a better return. This isn’t an investment, it’s a charity donation.
I think it's silly to even think of it as an investment. It's just support for the channel. If it turns out that you get something back, that's just a bonus.
Basically. While I'm thankful for his investment for our entertainment, it was his own risk to do so. We don't owe him an investment from our side although I don't mind supporting the channel
It is. If you look over the financials, basically "he" bought the other half of the company from the other co-founder for $500,000 meanwhile the company only made $50,000ish last year. So basically people are buying these shares but paying over twice as much as "he" (the company) paid for each share with no guaranteed returns as your profit is out of net which is easy to make disappear. It could either be a really good deal if you trust Disrupt, but you are still buying the shares at a bad price when you figure in that you are bailing out the company.
I’m just a young mexican stoner that smokes weed on my YouTube channel, tryna me it out the hood One Day👌 When i look at the top where all the successful people are… there isn’t NO mexicans 😅🫠
On one hand, he wants to use the audience to payoff the departure of the partner. On the other hand, if he is extremely confident and bullish about the channel’s growth, then he should put his own money to buyout the departing partner. Say he doesn’t have the funds, reach a 5 to 10 year agreement of paying off 500k debt. Another avance to take is raising investment from his inner circle, accredited investors, friends, family, acquaintances. Easier said then done but these are avenues to reach first for such long term plan. It is what most companies do that start from a garage. I understand that Disrupt’s intent is to disrupt the media industry. Just doesn’t disrupt your fan base. You already disrupted your financials.
Traditional or typical ways have been proven best practices than new disruptive ways.
Damn seeing all the comments about this shows how people are reluctant to fall for this. Im sorry man this looks like the end of the road for me (and most likely alot of us). Hopefully you are able to figure this out a different way and not using shady investment tactics.
As a person who studies accounting, my issues are:
1. You havent explained anything about the company. You havent told us who this 'previous member' is, how you arrived in this situation. You have basically just said 'Im in debt, theres a reason, pay it off for me thanks'
2. Your valuation is biased. A 3rd party should have been the one to value it, not you. If I value my property, that doesnt mean its actually worth that. I'm glad you've explained youre the one who valued it, but that shouldve been addressed in the first video, not afterwards.
3. That balance sheet seems awfully scarce of information, and you haven't explained how any of the values present.You shouldve also shown us the other financial statements, and explained the current structure of Disrupt, and your current investments other than YouTube, as based on that balance sheet, your projected value is completely unjustifiable.
4. You're crowdfunding money, selling 10% of the business to pay off a proposed $500,000 that was paid for 50%. I understand that the business may have grown since then, but it feels awfully sketchy at this level of percentage. Its just my theory, but maybe the reason you havent taken this opportunity to someone who can fund it, is because you know what you are doing is sketchy, that any sensible businessman or woman would know that what you are doing, is using the crowdfunded money to pay for your own ownership within the business.
My hypothesis for the $500K price for the membership rights was probably based on speculation of how Disrupt+ was going to perform and the price of his services in concert with that
@Lord Akira Thats another reason that the valuation needs to have came from a 3rd party. The price they have created doesnt fit the amount they owe for the percentage of business they sold. Theres always goodwill, which is the non monetary aspects of a business, and assets that cant be valued, but none are worth enough to decrease the buyout price to a point where its worth a 20th of what the valuation is. Either the person whos selling is an idiot, or the value isnt as high as they said. It feels the same as one of those youtuber crypto coin scams and I hope they dont reach their target
@Selection Quite literally! I found the income statements buried at the bottom of the wefund page and lets just say it isnt looking good for him. The owner has been repeatedly taking pretty much all of the money out of the business for wages, both times around $80k. It isnt so bad in 2021 as the company had made 140k, but this is still a massive red flag, especially being that it is an LLC, which has limited liability. No money is being kept within the business for growth purposes. It also makes Jak not responsible if the business goes bankrupt, meaning any debts the business incur are not his to pay. Then theres the fact that their using it to fund their costs of travel and rent, which cost them several thousands in both 2020 and 2021, aka using it for tax avoidance purposes (different to tax evasion, its the process of manipulating the loopholes in the law to avoid tax, which is still illegal, by claiming that the property he owns is required for his work, it allows him to force the costs onto the company and reduce his own tax costs on said property, its quite common when self employed, but unprofessional when others are involved). There are around 60k in valued assets within the business, mostly in short term investments, which are clarified to be crypto currencies; a very volatile market. The truly dodgy part is the fact that there are no physical assets attributed to the business. Its also sketchy that Jak Wilmot (The person buying the business) has 3 and a half years to pay his debt left, yet he decided to run a crowdfund now. That tells me that he may not be reaching the figures he needs to meet the payment scheme the two organised, and needed assistance, which could be backed up by the Cash Flow statement thats shown in 2020.
Basically, something is definitely off with this deal. It could very easily be a pull out scam, remember that any debts the business incurs are not his to pay, and by becoming owner he could very easily just take the money and run.
The owner is living high and mighty. Both Jak and Jordan are living well, earning 40k each from the 50/50 split of the wages (as there is no formal agreement so i have to default to equal split, its law) then theyre having their rent paid (About 5.5k a year, approx 450 a month meaning more than likely, one owner isn't working on disrupt anymore, they share a place, or they both have really shitty apartments that cost half of 450), theyre having travel costs paid at 7.7k a yr. Thats alot of travel. Thats talking over $150 USD a week, so theres sumn very weird ab that. You get my point
So this is how those people on shark tank felt when someone came up with - a wild valuation, - cashflow that doesn't support it, - even worse, history of bad financial management, - growth projections based on the size of the market sector, - a fickle market - offering tiny stake in the company, - use for invested money that isn't directly towards providing value - and, rather insultingly, buying 51% stake for 500k and then offering shares at a 10x
I'm torn, honestly. I love this channel, it has pushed me that much further into my digital media technology degree and definitely sparked my interest in programming. However, I can't help but to agree that a patreon or something other than this would have been a better option to raise the funds to pay off this debt. Maybe this is how you wanted us to translate this considering you left this in the last pages of the financial documents, but thats just the thing, it was in the last few pages and not mentioned in the original video at all. Transparency would have been nice.
Its just so weird to me that a channel whos catalogue is heavily based around people committing scams or fraudulent crimes, you'd take this route for the channel.
@calholli I hope thats just what this is. It just feels like a really strong left turn to make. Not to mention, this channel makes great content, but its not a huge channel. Its not like Smosh where they were giant and were able to go coporate (To their own dismay), this is a 1.5m channel that averages half a mil per upload. Enough to make a career, but like bro, the channel isnt THAT big.
Bruh, youtube genuinely unsubscribed me from you, what bullshit is this? Honestly youtubers just seemed to say it so people check the subscribe button but it’s an actual thing?
From what I’m seeing as this channel has multiple “owners”, opening a patreon wouldn’t help much unless he creates his own content for said patreon and it would have to be nothing to do with disrupt as otherwise he could be in legal trouble. I’m really sitting on the fence with this “investment” (not that I will invest) as I don’t think it’s a scam as most people are saying, This channel is basically a business at this point with disrupt + but as it started on YouTube there really aren’t any clear ownerships which is ultimately why a situation like this arises where one person needs to take over and be the sole “owner” of the business
@Starcat yeah I guess the thought process from where I’m coming from is that he (or they) can’t be stupid enough to do something as stupid as all these armchair investors are saying, disrupt has some real potential and they wouldn’t just throw it away like this. Honestly everyone is probably right but I’d love to see them all proven wrong because these days people see a comment with multiple likes and believe it to be true without putting any thought into it
@jacop969 Shares were transferred to Jak once he made a purchase. You can verify it in financial disclosure. He is currently an owner of 100% of Disrupt. There would be no issues with patreon.
I really think just speaking plainly and being honest with your audience would have been the best move. This channel has done great work and has had a positive influence on its viewers, and I think this shady approach to the problem is a slap in the face to those who otherwise would have wanted to help by donating.
I wished you've just been honest and sat the goal towards 500,000 thousands (with a note saying the money would go towards buying out the 2nd co-owner of the channel due to disagreement where the channel is heading, as this will be or has already become a PR nightmare) instead of valuating the company based on potential promises and a potential posistion the company might be in for the future of for example the Metaverse.
when you do a second video to explain your position on your first video this is already a PR nightmare, this may very well be a bad thing for the future of disrupt as a brand...
This doesn’t really change the fact that I’m pretty confident this is an illegal security and has a $10M valuation. You must have used some insane growth rate (plus your stated assumptions about VR becoming ubiquitous in 15 years) or don’t understand time value of money. You even concede it’s a decades-long investment, which is something no financial advisor would ever reference. This is a really awful idea to put out and a worse idea to ‘invest’ in.
@Temxas Remd he sounds so smart but he is just rephrasing what our CoffeeDetective said in the last video, and he didn’t even give a hint of credit, like he is the one who figured it out. Nothing at all? Yep.
@lol gamer you realise that not everyone knows or watches coffeezilla and that people can have ideas and thoughts independently of each other, don't you?
@Cinnamon Private stock being sold to non-employees typically (always?) requires the buyer to be accredited in the eyes of the SEC, which is either $1M in net worth or I believe $200k salary for 2+ years. Then the seller has to verify that. Maybe we’re all rich here and he’s verifying. Maybe.
@Jayoh, you didn’t watch the last video? You know, how it has literally exposed the whole ordeal? I don’t know man, you sound like you gave your sugar mommies savings to this “investment”. Subhuman? Maybe even ff management level? 🥵
@Cam Mackay It’s too damn close to what he said, I’m just saying, it’s one thing when your an expert at exposing things like this, such as Coffeezilla. I’m just pointing out what he should have done because if you read what coffeezilla said, and then this comment, you will undeniable evidence of identical data. You should at least give some credit, even basic school citations such as “according to” if you really don’t know how else to go about it.
Love your videos I don't like this, but maybe I'm just being too skeptic. Will keep watching, and will become a part of it if it's not something scamlike. Keep up the great work man. You're one of my favorite channels on youtube.
you massively overshot your channel's current value and are expecting and hoping a bunch of fans of your channel will pay for it to pay off your debts with a glorified kickstarter or gofundme disguising itself as an investment opportunity. you're taking advantage of the current investment landscape by creating an "opportunity" for people to invest in with the hope your speculative amounts will MAYBE come to fruition but only if virtual reality/metaverse pans out how you hope it will (as a fan of VR i really do not think it will become as mainstream as something like a mobile phone is, especially given the current landscape of how it's been developing) or if your youtube channel grows massively, which while your videos usually have high quality impressive visuals, does not reflect in your current view count.
overall, this video does not do a great job at quelling the concerns the majority of your comment section has, and you SHOULD be answering them (considering youtube is where your biggest platform is) instead of being vague when people ask valid questions, which is further alienating everyone. i sincerely believe anyone who knows anything about investing will and should stay far away from this and inform others about how sketchy it all is. but hey, you probably don't care as long as you get your money.
"You should not expect to make any return on your investment for subsequent years"
Then please explain why any of us should "invest" any of our hard-earned money into this pipe dream?
"This valuation comes from me, not any third party"
Dude, how can you say this and still expect anybody to take you seriously? This is frankly insulting to us, the viewers and potential investors.
I like the channel, but you may be killing it right here and now going down this route. Abandon the investment angle, start a donation campaign and a patreon where people can support if they wish to. This investment angle is predatory.
Omg, what, have you read cryptoinvestmentfordummies and then linked it to stock investments? Don’t you dare tell me that’s how stocks work, I know a lot of people who have been successful investors throughout their lives, and that is not how it works. You aren’t getting a stock that gets you substantial returns in a very short period of time in this era, maybe a little down the road but not right now, not with this one.
@Jay I'm surprised that you act so arrogantly despite not having the slightest sense of why this is clearly a horrible investment for anyone to take. The appeal of an investment is the idea of making a return. This isn't an investment - its a donation.
@S _ Based on the video, you are closer to the current evaluation than the $10m offering. Why? Well it was stated that to buy out one of the founding members 51% stake in the company, it was around $500k... Everything else is speculative. Some growth can be used, but we'd need company financials over the last 5 years, earnings per video, cost per video. Since the VR stuff currently sounds like a monetary sink we can really only value the Youtube portion. And then from determine how big of an albatross the VR portion is around the channel's value. If it's a cost that can be discharged quickly it would have minimal impact to the valuation. If there are long term costs associated with exit penalties then those come into play. Net Income of $133K would put the valuation somewhere around $1-2M evaluation. Though that's only if someone is buying the company to run and work at. As the hit of owner's salaries/expenses if things were to stay the same would diminish that valuation considerably. As now the earnings would drop to around $40k. Which is much closer to the Asset list at the top and that makes sense.
Plus since this is a Youtube channel even if you bought it, if the current owners stop working there, it would drop in value fast as the writing quality and voiceover would be a jarring change to the brand.
okay so you can donate hundreds to him on patreon or whatever and only get exclusive content, or you could own shares of the fucking company with the potential to pay off in 15-20yrs if you believe in jak, along with all of the other disrupt + benefits etc.
@Cam Mackay You, other than I agree with you on that this is a worthless investment at any debate. However, your first quote mildly infuriates me because you come off as those people who think every stock is going to bring the house mortgage down by half in 2 months. What he said is legitimate, it’s almost like a basic forewarning for people who think that’s how shares/stocks work. He isn’t giving the 2000’s era back. But again, not worth it on all other terms.
This is extremely shady. You refuse to use a patreon and instead want "Investment donations" which, essentially, is just people paying you money to keep making content (so the same thing as patreon). You're going to lose a lot of long time subscribers and alienate people for this.
I'm curious how involved this co-owner is when it comes to production of the content. Are we going to end up with something completely different if/when they separate?
All I can say is a really hope this stumble doesn't kill the channel.
8 likes
M Moto2022-07-24 15:20:35 (edited 2022-07-24 15:24:34 )
TL:DR Financial Statements(20&21): -~200k profit in 2021 -130k net profit (basically no shareholder profit ) -~450k debt -few assets except some crypto holdings -Invested a lot in crypto, and made losses there (probably even more in 22) -The former co-owner sold his 50% share for 500k so the company was 1M worth 1 year ago not 10M -Even worse the Company defaulted!!! on paying the loan to the former co-owner that's the whole reason for this selling this Channel now.
So reading between the lines... someone may have invested a lot in crypto and got burned, now they are desperate and in that desperation are burning the bridge to their only source of revenue... lmao
Why not just start a new channel that you'd own 100% of and take your followers? It's your voice and content we like and support. Let the mystery owner take 51% of a dead channel that doesnt upload. Either he'd have to upload or sell the channel, either way you'd be the silent partner getting paid whilst also getting revenue from your new channel.
im entirely in support of this channel and want to see it succeed, but a youtube channel that can fail tomorrow with a algorithm change isnt a investment its a gamble
the prediction that this channel will even be making money in a decade is highly optomistic, maybe even impossible
I have a piece of pocket lint and a turnip. Final offer.
Jokes aside, this is really not a good move in the slightest. I love some of the videos on this channel but this feels super suspicious and I don't see why I, or other people, should have to 'invest' into a channel when really all this seems like is paying off a debt which has nothing to do with any of us the viewers. Please do not continue down this route, I would have more respect for you if you just admit later on this was a bad idea and scrap the idea. We all make mistakes and I don't think it's fair to hold someone under that forever, but for now, I can't in good faith support this.
Even without this being an unsafe operation at best, I don't think having people invest in a channel that is irrevocably linked to an algorithm that can change on a whim is a good idea. I know you called it an investment but with something so volatile and unpredictable, it feels more like gambling rather than a risk; with risk at least there is a chance of a reward based on predictions and information but with gambling, it hinges entirely on luck, and in some cases, shady practices. I'd rather take a risk on something like an actual investment in stock rather than an algorithm controlled by a bot that can screw you over at any time it wants.
I and many others do not feel like the evaluation you have given is remotely appropriate for this. Please reconsider your methods going about this as I think that will truly be better for the channel going forward instead of whatever this farce is. I cannot stress enough how much I love this channel and the content it has produced but it is clear to me that I should no longer support it going forward unless things get addressed more in-depth with figures or evidence to support your justification for such a ludicrous evaluation.
I have seen some comments based on a response from someone called 'Coffeezilla' to your previous video. Still, I am a complete outsider as to whomever they may be, simply just a long-time viewer that is surprised, sceptical and apprehensive of support in the recent developments on this channel. Once again, I urge you to put more insight into how this feels from fans, or rather 'investors' perspective and try to understand why we think this way. I know this comment might have come off as a bit mean-spirited but realise I am saying this due to how strong my love is, or was, for this channel and its content.
I hope you understand and wish you well in the future.
i am actually blind, and i agree mostly, i dont think its an intentional scam, just very mislead/ not well thought out decision. They are so many better ways to raise money for projects like this
@Tren TR I agree that this is probably just the worst thought out decision in the world. I can’t think he’s just a normal scammer if when everyone was confused who valued it at 10 million, he basically just looked at the camera and went ‘me :)’
I love the content you guys put on here, I really do. You guys make some of the best documentary videos on this site. But I’d rather you ask us to chip in a few bucks to save the channel than whatever this “investment” is. I’d be much more inclined to donate 10$ rather than invest MINIMUM 100$ that you admit won’t be profitable for years to come.
You have to pay off 500k, why not be upfront about it? I get it, no one likes begging for money. It’s awkward and uncomfortable. But I’d rather donate money to someone being honest about why they need it over someone trying to butter me up for an “investment”.
It looks like from the backlash I’m not the only one who feels like this isn’t right. If you’re gonna ask your audience for 500k the least you could do is be upfront and honest about it. We’re not going to fall for some shady BS.
4 likes
James Mccarron2022-07-24 15:32:33 (edited 2022-07-24 15:33:10 )
Wow man, you very carefully picked and chose what you were gonna address in this short Q&A. Way to completely gloss over the legitimate concerns people have had on the last video. Its a real shame because this channel is otherwise brilliant and ive really enjoyed the videos and topics you chose but to be completely honest, this aint it.
Horrible investment. This makes no financial sense. If you were truly worried about the financial implications of your past decisions you should be transparent with your viewers and tell them what happened, how much you need and how they can help. Then they must decide whether to help or not. You instead chose to give out an "investment" opportunity that makes NO SENSE. People will NOT make their money back from this. I'm an Economics grad working in financial services. I'm by no means the best at what I do but I'm definitely more informed than the average consumer. My conclusion is to not invest in this unless you want to donate your money. Such a bummer. This is my favourite channel on YouTube.
To summarise for the lazy, he mentions that in the financial document the "investment" money is to pay off this guys debt that he owes to a previous partner of Disrupt for a 20% share. Coffeezilla has a similar size youtube channel and the 10 mil valuation is ridiculous.
got to appreciate how he keeps those comments up. his audience is entirely against him in this one and he just lets it happen. It takes real guts not to hide or disable what’s going on for the sake of their image
Oof, been a good run so far, I've enjoyed your docs about interesting stuff. But VR is def not for me. If that's the direction this channel is going, hopefully down the line we'll see some more quality docs from you. I love the ones about the viruses/hackers, absolutely fantastic stories. But the VR stuff man idk, it's quite the gamble to speculate that it's gonna be the future of content, there's a vast majority of people who couldn't care less about it. But there's definitely an audience for it. Also, had no idea this was a brand and company? I always assumed it was a one-man show making some sweet docs, definitely different from the other content creators I follow. Good luck brother, wish you well.
I mean, Idk. Seems like the guy has a dream and passion, but I really can't put my faith and money behind his virtual actors in VR. This isn't an animation studio. Had he said they were going full force into documentaries... maybe even joining in on nebula and their creator pool... but this is very risky.
@Filip B. Yeah idk, I was just into it as a YouTube channel. Anything off this platform like that is beyond me as an audience member, I'm not on anything else besides this. But there's definitely an audience for it! And yeah the VR stuff just seems goofy
@James Baxter oh yeah? I'm sure it is, especially considering all the great content for it right now lmao you're right it's really going in the right direction
@James Baxter VR is very cool and might only get cooler in the future... not with meta though, and not with anything ive seen Disrupt make. In fact, I think meta aquiring oculus made the chances worse for good comercially viable VR.
@James Baxter mhmm, keep smoking that copium, I know it's rough since you spent money on your special goggles, hoping one day there will actually something worth using them for besides chatting to anime avatars and playing sub-par 3rd party games and ports. Maybe one day there will be something, you're right
@Artorias Of The Abyss @GR4V17Y it is in the early stages. You need money to invest on it. many are doing it right now. disrupt wants to be one of the many that are paving the road. there is no manual for it. we are seeing and experiencing the first stages of VR. is not going away! it IS a good goal for disrupt. you can see docus in VR too. it is not one or the other. but this "investment" sounds shady.
@Filip B. I don't particularly like meta, but it IS the one that is making a difference selling millions of oculus quest 2 to many that can't afford valve index or htc vive. many now can access to VR, and that's why is becoming popular. It was a niche thing with those expensive headsets, but not anymore!
Yeah clearly the valuation was $1mil when the other dude was bought out for 50%, now $500k gets you either 5% or 10% (I wasn't clear on that) not the 50% the other guy is owed.
I can't believe he doesn't even delete the bot comments. Almost every big channel does this automatically, but Disrupt apparently couldn't be bothered.
in other words hes asking you for a finacial investment/loan to further is channel which is controlled by an algorythm which isn't in his control. So with such uncertancy i would not trust the investment
I don’t trust the investment either but your point is kinda invalid. The investment is for disrupt + and any future platforms they may be on, not YouTube
@C21H30-O2 I never said anything about the “vr metaverse” lol my point is that the investment (which I don’t trust much either) isn’t based off YouTube
@jacop969 yea but the main point of the original comment is, none of these things are in his control, YouTube or disrupt+. he's told us about his 'VR vision' for it
I always wondered how you were able to push out such high quality, animated story driven videos at such frequent rates. But now I'm realizing you weren't able to do it after all and now the money is biting you in the back. You should have taken much different approaches to funding your "company" and content years ago before actually trying to pull your viewers into your own mess.
It’s 100% mind blowing the quality of his content. This just explains that he’s human. And he’s the real deal. How else put out so much this good? It’s on par with Netflix a lot. He lost it a bit in these last couple videos, sure. But who wouldn’t have? Maybe I’m giving him the benefit of the doubt too much and I gave a buddy of mine 1k for a short film and don’t expect anything back and our relationship is strange… he also has this “your a producer” feel thing like the disrupt website. He’s talented but yeah @jordan the more I think about it I think you’re right.
I think the valuation is wrong. I think you're looking at the "company" value as it;s potential to grow on x trajectory. But valuation is based off current performance/worth of the company, and 100x your revenue is not realistic my any metric. Understand this idea came about as a crowdfunded way to buy the previous partner out, and that's fine, but that means you're overvaluing the company/shares so that you dont sell 51% to the public. youve done the maths badly (in a way that you want it to work for you at least)
More to the point, youtub pays roughly $3 per 1000 views, by your 2.2mil+ view estimate you're making 6,600 p/month or 79,000 p/year. Your revenue (not even considering costs/outgoings) is 0.7% of your company valuation. That's absolutely mental
And what happens if the channel gets taken down or demonetized? Will you pay investors out? Don't think so.
Just did the math on the John Doe example of owning 1% of the company for 25,000 shares. If the company makes $100,000 profit, $20,000 goes to investors and 10% of that goes to john for owning 10%. That means John Doe will receive a total of!!!!! $200. And ALL HE HAS TO DO, is invest $108,695.65 to do so! Anyone buying small amounts of shares will be making pennies. Disrupt would need to become Lionsgate in order to make these investments worthwhile. This is a scam, don't waste your money
@Tyler Walmsley If I recall from the documents on the site, he only makes around 100k a year. I cant even wrap my head around how he came up with 10 million in value...
This feels like a risk, a big one, I can't invest but if this is legitimate Best of luck If not This is the end of the road for this channel, at least for me.
Man, I come back to this channel after a few months because it's easily one of the most creative and fascinatingly brilliant channels on YouTube, and this is what I see. Disrupt fell off, hard, and quickly.
So your valuation is based on what you believe the market will be worth in the future, but not on the current estimated value of the company at present?
So you’re basically asking us to pay off your debt in the guise of owning a portion of the company? I love your YouTube videos but that’s scammy and fishy af.
Bro, this is not an investment, it's a donation, and it would've been fine to be just that if you didn't try to play it up as anything else. People would've prefered to patron you for something like early access to new videos rather than being dressed up as "investors" and receive some equity that is unlikely to pay off at all.
Love the channel, but 10 million evaluation is absolutely ridiculous. Go to any professional and I would be shocked if they even valued the channel at 5 million dollars let alone 10million dollars
I'm sorry to burst your bubble, but that whole 'Metaverse' thing is never going anywhere. There's a reason it's getting meme'd on immensely ever since Zuckerberg announced it. I mean, it's going to be a thing, obviously, but people like him wants to make others addicted to it (like Facebook). Not even the babies that are born today will fall for it, the generations after probably will (they will grow up with it, it'll be the most normal thing for them), but everyone alive today simply won't. So, your whole "10-15 years" plan is absolutely not realistic. If you want a realistic span of years? Think 40-50 years, and I highly doubt many of your team is even going to be alive by then, let alone the Disrupt trademark.
I wish you the best, but I think this might very well be the end.
@lala alal I don’t like him either, I just think he’s master troll and a genius marketer and the suckers are falling for it, so fair play to him. Disrupt doesn’t even have the ability to scam like Tate. Spent too long in VR with anime girls.
@Fidelio because state isn’t trying to be funny. You said it yourself, he’s running a marketing scheme that gives young boys horrible opinions that will end up making them virgins for the rest of their lives. I think all of his wacky opinions are an act, which makes them a lot more dangerous.
You're going down a path that could end up destroying your channel. Everything your doing sounds like a scam and the only reason people aren't already mass unsubscribing is because you seem to genuinely believe it isn't. It's also testament to the quality of your videos as people are willing to hear you out first. The goodwill and patience of your audience will eventually dry up and when it does it will likely be very sudden and devastating.
2 likes
Lord Akira2022-07-24 18:28:05 (edited 2022-07-24 18:28:57 )
Honestly, making a very generous 10mil self-evaluation on the hopes that VR will "save the day", a technology that has failed to launch into the mainstream for the past 30 years as anything more than a novelty, just seems nuts and reeks of someone who isn't being honest about the predicament they've found themselves in. This talk of Disrupt being a brand seems rather absurd when the reality on the ground is that its a medium-sized channel that covers niche topics, granted the videos are of high quality. The move should have been earnest about the bad business and financial decisions behind the scenes instead of trying to cloak a solicitation for donations as an "investment".
VR is actually growing (NOT the metaverse shit, thats stupid) thanks to the cheap ass Quest 2, but yeah its still not mainstream quite yet. Also they havent even made a VR video in literally over a year... I have no idea why he is even mentioning VR when he hasnt done shit for it in a while. He's really pulling out all the stops in trying to scam everyone.
And Jak has already raised 175k, I just hope people actually do their research before jumping in. If you were candid and open about it, I'm sure we'd be more willing to help. This ain't it though. Love the content, but not dishonesty. Especially after all the crypto scams, and rug pulls.. it's just not a good look at all.
I watched the first video 4 minutes after it came out. Took a peek at the financials. Saw the 466k promissory note on the documents and the statement that the investor funds would be used to cover that first. Noped right out. This was structured incorrectly, and I mean that in the nicest way possible. I believe it is unwise to pitch to investors that Disrupt can expand in scope and performance to net a return on investment when in reality, half a million of investor funds will be used to cover the cost of a buyout before that funding can be utilized to expand content and generate a return. You should have disclosed that when you talked about what the funds would be used for.
You're not a shady corporation, don't make me dig to find that information. Though I understand doing due diligence is what should be done while investing, you must understand that you are shoulder tapping a youtube demographic for investor funding that is made of people who are interested in the weird and wacky facets of life, not 401Ks and financial literacy. Simply put, your audiance should have been offered more transparency so they better understand your situation, and therefore, the decision they are making when it comes to buying shares.
Also. Hire a third party for a valuation. I cannot believe you self-evaluated and then championed the figure you reached.
Crowdfund first to balance your books and get the company healthy, then offer the ability to buy shares. Or, simply paint us the full picture from the jump. Don't sugarcoat people's money.
I wish you the best, but for those reasons, I'm out.
People seem confused between investing and donation, both are VERY different.
1. Investing = the idea that someone will put their own money into an assumed asset that will deliver a profit above the original amount ie put in 100 dollar, receive 120, would be called a 20% return, , in a reasonable time frame, for which the amount is deemed "useful"
DONATION - person gives away their money, NOT expecting a return (a 0% return) on investment.
Problem = when you mask a Donation as an investment, you con people into giving you money under a different pretext than the one falsely advertised ie one cannot invest in someone else's debt, that is a donation, and not an investment.
Better option- Start a new company, bankrupt the current one. Shift Disrupt to a new brand with similar content and shaft the debt holder instead of your viewers (investors).
Seems like WeFunder only works for those seeking investment. I have yet to see a successful investor story from that platform.
It's a dog eat dog world. Where one Disrupt channel fails, another will take it's place. Your videos are entertaining, but I can't see people willing to foot the bill when there are thousands upon thousands of creators out there, some yet to make a name for themselves. I think for the majority, what draws us to YT is it's a free platform for entertainment and educational purposes. Obviously the videos take time (money) and passion to create, but at the end of the day the creators choose and take it upon themselves to produce/release this content. It used to be purely a passion project for people - now it's a full time job. Again, enjoy the content and videos, but they're not a necessity for myself and many others like me. Simply a way to pass time. On that note it's super unhealthy how much time we spend on sites like this, scrolling through content - most of it unnecessary. I'm one of those offenders sure, but even I can see that it would take a real fool to invest even more than spare time to this. Now we should give up our hard earned money and "invest" with no expectations of a return? Just because the author(s) CHOSE to go way over-budget and beyond their means to create said content and put themselves in debt. The proof is in the pudding... you're in crippling debt! But you serve it to your viewers a worthwhile long term investment. I don't get it. This just screams SCAM!
I have a genuine question that i hope you answer, no hate.
What does Jordan think about this videos attention/negative feedback? Is he more worried that if his portion of disrupt is being tainted from the negative feedback you're getting with this?
Glad that something is said, but I still believe entirely that a $10m valuation is entirely speculative and should not be taken with more than a grain of salt
I really love your content and been watching your channel for years now, but I think you've made the wrong decision here, not to mention that this is extremely shady. You could've just made a Patreon and avoided all this mess. This is just like what Yes Theory did when trying NFTs
i genuinely think that there are more transparent and less risky ways to pay off this debt with the audience you have. try streaming! we would definitely watch— we’d sub and support those streams financially. another idea: sell merch. you have fantastic design sense, i’m sure you’d come up with something dope. i’d definitely buy something. another idea is getting some bigger sponsors or even approaching netflix/adult swim/etc streaming company to invest in a disrupt TV show. you’re the best editor on youtube and have quite the portfolio to show them.
we love your channel distrupt, but assuming this much financial responsibility to your viewers while still dodging our key concerns seems a bit scummy. i’m sorry this is happening, i hope you rethink this venture.
Internal evaluation of a company is just one way of saying "i want more money than this whole operation is worth and don't want to prove that value to the proper authorities" Saying you are with 10 mil only because you are a YouTube channel and plan to make VR stuff is saying that any YouTube with a million or about subs could just pull a 5 million dollar evaluation out of their ass because they work for YouTube. Just because you work on YouTube does not give you the value YouTube has as a company. Same as video game developers cant say they are millionaire because they work for big game studio that makes millions of dollars.
i believe a patreon would’ve been a better solution than this. not many people are supportive of such funding. especially with the vr content not being highly sought after.
I really dont want to see this channel die so please just call this what it is: you are looking for donations. There wont be a return in any forseeable future and thats okay but Im not willing to "invest" that much money especially in a time like this. Though I would be willing to donate a far smaller amount as would many others. Dont take this as ill intent but take a step back before you end up pushing something you will regret.
I honestly never heard of people investing on a YouTube channel. Look, i'm no investment expert but i honestly think this is a bad investment. For Distrup, i hope you can somehow get out from this situation and find a better way. I love your videos but this is not a good path to continue.
You proposed this as an "investment" rather than paying off a debt. If someone "invests" in your debt, you just pass the parcel of debt. No one is going to make money on your debt when it's 470,000 - 500k deep. I think any potential investors would demand to know when they are expected to break even and profit upfront, for the amount you are asking, then you claim you can't give those predictions by law.. What law? You sound evasive.. Just be honest, you want viewers to pay off your debt, it would sound more straight forward or put up more collateral% because not many people have 4,5, 6 figure sums for you, Dragons Den is much more lenient than you. I think you need to extend shares to 30, 40% among buyers, not 10%....
12 likes
Simon Appler2022-07-24 21:14:54 (edited 2022-07-24 21:15:05 )
he’s just trying to get his viewers to pay $500,000 to his partner so he can have 90% control, while (if funded) proving that the 10% he tricked his viewers into buying shows the value of his channel. This is just him trying to turn his technically $1,000,000 (since 50% was $500,00 for his partner) into a $10,000,000 value.
If he’s shady about it now, he definitely won’t be sharing those new profits to his 10% when he controls 90%
Am I the only one that found the explanation behind the 10 million dollar valuation bullshit? Please correct me if I'm wrong, but wasn't it just that they expect Disrupt to have an influence on VR in the future?
Self evaluation based on your reasoning would never hold up on Shark Tank. They'd stop you there and have you re-evaluate your numbers. 10 million is an extremely high evaluation for a company in debt almost half a mil with barely any potential for investors as it currently stands. "I feel" and "I think" it's going to grow is not the same as a proven track record of growth that is likely to continue.
How nice of you to advertise this "investment" in the first video with a unspecified dividend, but corrected yourself here in a sidenote, that there wont be any dividend (for years).
Based on my generous calculations using public figures, and YT averages, this channel has made $450k over its lifetime. But you say its worth $10m? Based on far future hopes? Thats a big joke to anyone who has any experience in actual investing.
And to add insult to injury you're selling us 20% of a channel to pay off 50%.
I really enjoy your documentary-style videos about mysteries and the like, but I don't really like the idea of investing in a youtube channel that is trying paying off a debt just so that you can make VR and shows; that's just not for me. I feel like you could pay off this debt more easily by making a patreon and giving the fans more of what they want.
None of us want to pay off your debt for you. It’s not normal for a YouTuber to ask his fans / viewers to do this. A percentage of your viewers already pay for your subscription service, what more can you expect us to do other than that? Nobody wants to take a risk for your channel because you put yourself into debt. It seems like you’re either fully expecting this to work and all the problems are gonna go away, or you’re trying to pull us all down with you to cushion your fall
This is a clear scam, please don’t give your hard earned money to this. Channel owner got in over his head and now needs your money, never invest in a YouTube channel. Unsubbed
If the channel isn't financially viable to continue, I'd honestly just recommend quitting while you're ahead. It's not worth it to ruin your good will and all the great work you've done so far to go down some sketchy path in desperation. I get that money is tough and there might be things yet explored, but I don't think this is the way to do all this.
Honestly, I'd have been more tempted to give you money if you'd just asked for donations to buy out your old business partner. At least that would have been honest. Even if you're 100% doing this investment thing in good faith, it still feels extremely sketchy.
Another Issue with something like this is that the last two videoos already lowerd the value that you had originally set. There is no way I would invest in something that is valued at including a loyal trusting fanbase and now is in such an odd position. An investment should have a ways to value those things in
I will say that Disrupt has value, like in the future I could see Disrupt being a TV show on a streaming service because it's so high quality, but ehhhh, I'm not sure about this still, be careful anyone considering
I'm no economics major but isn't a company's valuation typically its current estimated economic value? To me it sounds like you're pulling this gigantic valuation from future prospects and potential growth that has not been achieved yet.
And this just scrapes the surface of things that sound bizarrely sketchy and weird about this whole thing. I'm trying to imagine a single successful investor who would see this idea and say with confidence "yes that is a sound and worthwhile investment," and none come to mind.
I love this channel more than probably any other channel on youtube presently, but I am GIGANTICALLY disappointed by this ask. Personally, it lowers your credibility and makes me feel less inclined to support and consume the content you create, which sucks because I do love it.
This could have been so easily avoided with a GoFundMe or a Patreon or literally any other alternative route of fundraising that doesn't attempt to distort your need of funds as some sort of shady investment opportunity with numbers that are not adding up to me, and from the looks of it, many others.
I really hope you'll listen to some of these criticisms and reconsider the ways in which you're asking your community to support your channel. I'm sure many would love to support when the opportunity is presented with clarity, transparency, and viability.
This video should have been a recant of the last video and an honest conversation about how you got into a bad position and how need help to continue your channel. Instead, you doubled-down on, what completely appears to be, a desperate attempt to take advantage of your most dedicated subscribers. It's sad to watch this. We were all huge fans. Read the room. After the first video, people were admonishing this action, but were kindly saying that they were still willing to keep watching and supporting the channel. I was with them, tentatively, until this doubling-down, follow-up vid. Sorry, man. I just won't be able to take anything you do seriously, anymore. Guess I'll see you in future CoffeeZilla and BarelySociable investigation vids.
The lack of guaranteed dividends or a pay out schedule means this is charity, not an investment. That is also ignoring the logic of valuation and the glaring discrepancy between that figure and the payout necessary for the current partner…
The FIRST THING you say in this video makes it seem like you HAVEN'T bought out this unnamed "prior member" yet, making him sound like a CURRENT owner. Which is it?
If we are paying off your debt for $500k of the other owners 50% equity, we should be getting 50% equity. The company cannot pay that off, so why look for investors to pay it off and give them less equity. It’s a ridiculous offer.
I was one of the victims of faze kay scam (save the kids) and ik by the sound of this shady, like I lost half of my saving from that and my parents scolded me for it, for anyone who's gonna invest, THINK TWICE.
2 likes
Spermy The Whale2022-07-24 14:44:00 (edited 2022-07-24 14:44:18 )
A lot of speculation for a channel on a platform you don't own. While you have other avenues of sharing your media, it all hinges on this channel and the possibility that the YouTube algorithm will never change.
You cannot price a company NOW at $10m when it has $500k debt and does not project $10m value until 10+ years in the future. It may have a $10m value in 10 years, nobody will know, but your current offer is a scam. You actually value your company at $1m right now because your 50% share partner wants $500k. You are diluting your viewers more than what you believe your company is currently worth.
It's not even worth $1m now honestly, you have $27k net profit 2020, and $137k net profit 2021.
I'm gonna pretend this never happened and continue to enjoy your videos because this was insulting to anyone who knows about investing.
Really hope you find a way to pay off your debt without going through with this. Love the videos and hope this doesn’t affect the future of the channel
I feel like we're not helping you expend the company how you see fit, we are helping you first to pay off the debt then maybe, if the debt is fully payed we will be able to help you for what you vision for your company.
Also you said (on the website I believe) that it is unlikely that the investent will retern anything but a few pennies for a few years, which is fine but will the company survive the debt to bear return ?
You better be coming at this with good intentions, because even though that will not save you alone and the damage has been done You'll at least have not meant to look this bad. Regardless, shitty idea to pay off debt. I'm afraid of handling money but I know a scam when I see one. You've lost my support. Goodbye.
i can't wait for the bonfire-commentary on this, when it blows up, I might even chip in, i have videos from months ago, but this is hot topic stuff lol
You have spent years making your fans smarter, and dodge the questions you know they are smart enough to ask. I sincerely hope your channel will not be like one of the stories you cover.
This doesn't feel like a good idea. Still hoping it's a lapse in judgement and he's going to backtrack and do a patreon or something. This seems like one of those ideas you bounce around for a minute but never follow through due to it not being a good idea.
I would rather see you do literally anything else my man!!💯 10 million!? let's just be honest....no YouTube channel with just 1 million subs is worth all that!!💯 "we agree,too disagree"
500k$ seems like a bullshit price to discourage buying. It's a polite 'fuck off, not for sale'. But he bought it. Is 50% revenue from the channel worth it? Fuck no. But if those 50% would be spread around the actual buyers, that would be at least fair. Right now they're paying for 50% but getting 10%? And even if I wanted to invest, where are the guarantees that this random guy would actually continue to create videos?
patreon, it looks like you dont even have a join button for membership so that's leaving money on the table, a go fund me, merch, ko fi, cameo theres so many other options to help pay for things, and people appreciate honestly, just be like hey I messed up, I was panicking about the huge debt I got myself into, and I just want to be able to continue making videos and thought this would be the best way to go about working through this problem, but after seeing the feedback I realize that this isnt the direction I should have taken, and then implement normal things to help you financially that people would actually want to contribute to, rather than whatever the hell this is
Hello, i've been following for quite afar your videos, and I totaly disagree with your idea. I don't know what you are planning over this campaign, but this sounds really scammy IMO.
If you see this, please ask yourself why they are so many dislikes on your videos. As @fnm04 suggested, you should go to patreon or another platform to get funds. Please take notes on your youtube comments and please stop ignoring them, all you will have at the end is more money loss than you'll win.
I was so excited after seeing the video thinking that 500k was going towards the future of disrupt. But after hearing that you're already in debt of 500k to the co-founder, this is ridiculous and misleading as shit. You've completely avoided mentioning that fact and I really hope you dont meet your goal as you've already doomed it with the buyout that you couldnt afford. You've made some terrible decisions and your fans and not supposed to be hear to solve those for you.
The way I see this is.. there is no investment. All is based on hopes and dreams of the far far future, with the current objective being: pay off debt to the previous partner. And then you maybe hope to someday get a return on the money people gave you. If you wanted to crowdfund keeping this channel afloat... just say it upfront. Don't bullshit people into thinking this is a sane investment.
There's only so many internet stories you can tell, just having cool 3d effects on your youtube channel doesn't make it valued at 10m or a worthy investment. You aren't really creating any product besides disrupt+, which has a very small userbase and which we don't even get a return on profit from. I love this channel, but asking people to invest in it is quite shady. Set up a patreon or kickstarter or something
What stops owners to say "we FEEL like we are valued at gazillion dollars". Valuation audits are done by auditors, third-party that has no conflict of interest unlike owners or potential owners. This is crowdfunding to buyout half of the channel. Why don't you just go to bank and get a loan if this thing is such a no-brainer and business will be going just fine?
Thanks for clearing the air on some things. I'm still of the opinion this investment debt pay-down is probably not going to be a good return, especially when a lot of assumptions about VR are being made while it remains high cost and out of the reach of many. Your also making a lot of assumptions of YouTube revenue which is pretty pathetic compared to other platforms.
Again, I think you should consider moving Disrupt+ under Nebula or another premium content provider because creators there are getting paid well. You are certainly established enough to negotiate for an advance there as well.
I don't know what the future of Disrupt holds but I hope you can remain committed to creating high quality content in some form.
I'm sorry to break it down this way but you've completely lost your mind, dude. This is the shadiest business I've seen in a while. Why all the fuss about "investing" if potential investors won't even make a cent in the upcoming years? You should've been more honest, direct and open on this matter
You say that you’ll give a percentage of the profits of your YouTube to the investors. You need to define what your costs are. If this channel makes in a year 1,000,000, who’s to stop you saying the costs were 999,999. Giving a net profit of 1 dollar. Seems fishy. Also, investing in a sinking ship, 400k in debt, no thanks. Should have angled this differently and tried promoting patreon or something
I really want to invest, but like a lot of comments are saying, it seems shady; I understand and would be willing to pay $100 in investing to the company, but there’s a lot that doesn’t add up
That was a very quick (within the day) upload to double down and regurgitate what the comments already discerned on their own from the funding page, very nice Jak.
We don't truly know what's going on behind the scenes, but this seems a bit far fetched. I'd rather donate to a Patreon than invest hundreds of dollars in a YouTube channel.
Dude.. for real, just delete the whole thing and make another video being honest about the amount you need and why. I love your channel, but clearly this is not the right approach for most of your fan base and they are telling it to you in plain english.
Most people are fine with the idea of donations if thats what it takes to keep disrupt afloat, picturing it as an investment is just a bad idea in every possible sense.
Why set a minimum at $100? For many people that love channel and want to support it, that’s way too much to ask. Also, asking for that much upfront is off-putting and could drive away people who would have been willing to donate that much anyway.
Unfortunately I'm not in a position to take a share, but I urge you to create a patreon or something because I, and many others , could afford that and want to help you succeed and keep creating
So the truth comes out. You just want investments so you can keep creative control. If you want to be transparent you should probably go into what caused the breakup. Disrupt offers unique and original content but this particular market is going to heat up with the exponential growth of content creators.
Also, you say that you made your evaluation based off the two industries that you have a foot in, being Youtube and VR. Distrupt has a subscription platform of it's own which, as far as I'm aware, is not even a part of this Youtube ecosystem that you speak of. Then for VR you justify your evaluation because "you think" VR will be as common as a smartphone in the next 10-15 years, and provide no reasoning as to how you made that prediction. With that in mind, you also say that the investment would be used towards creating "virtual reality experiences" over the next 5-7 and to "build that secondary division of value in the company alongside the video division of disrupt" .
You're just saying a lot of words with a whole lot of nothing here.
The more and more I think about this the more messed up it is.
The valuation makes no sense based on your current growth rate. Mid last year it was worth apparently $1M and now in a year you have x10 valuation. The YouTube statistics didn't change. The current growth rate in social blade indicate you will duplicate your total views and subscribers by 2026.
The only way to save this thing is by having the algorithm recommend you like crazy and increase the upload rate for which you are not allocating any investment resources.
If you take the assets, liabilities and real growth projections you end up with a company size closer to $500K-$1M.
We don't have information on disrupt+ numbers or the merchandise.
The VR content that is being sold as the next revolution is just a bunch of 360° videos. A company with this size, growt rate and expertise cannot innovate that much into this field while being solvent and maintain the other business areas afloat.
One last thing to add, the difference is content, growth and views since the co-owner buyout have not had any significant difference to even indicate the path Jak wants to take the company is the correct way. It really seems like he just wanted to take full control of the channel to have more revenue and now cannot pay the debt. What is more likely to happen is that if the money is not collected then disrupt will die and Jak will create his own channel which would take us to the same path A but saving the viewers $500K of "investment"
Your evaluation is bunk and not backed by any calculations or third parties. Also you don't explain why the debt exists at all. I hope the original partner comes back, that nobody falls for this scam, and you keep making videos
I am super uncomfortable with this and I'll be unsubbing for the time being. Best wishes. I've loved the content on the channel but I'm not a fan of this direction and I think commenting and unsubbing might speak louder than anything else I could possibly do.
I love your content, I do. But with what you're doing, I'm unsubscribing until you take accountability and admit that you were wrong.
Otherwise, This is the end of the road. Another promising content creator to add to the mountain high pile of disappointments.
Time to unsubscribe.
0 likes
Michael -2022-07-24 16:37:26 (edited 2022-07-24 22:16:03 )
You’d get toasted on shark tank
Sure you can’t tell us future projections but you can tell us past revenue or at least what your revenue streams are. Feels like putting money in a dark hole
From the looks of it you have run the company into the ground. Trading ownership for capital until you were set to loss control of it all. The former member has 51% with only 450k $ how are we supposed to value the company ten times higher than they do and believe you can can actually make money this go around.
Wait, you openly admitted that the valuation was made by you and no 3rd party? Are you asleep? That literally means "this valuation has no meaning and i made it up"
1:00 bro your channel is simply not worth that much... stop the lies. the previous owner owned 50% of the channel, why are you only giving out 10% for the full amount of the goal???
DON'T FUCKING DO IT MAN! YOU'LL RUIN EVERYTHING YOU'VE WORKED FOR, LOTS OF WASTED HOURS STANDING, CHALLENGES AND SUCH FOR THIS?! NAH MAN PLEASE GET THAT MONEY BUG OUT OF YOUR HEAD, COLD HEADED THINKING AND START A PATREON!!!
Honestly bro just start a new business or company, if this is just you then that's all you need. Make a post hey disrupt is now this channel ect people would much rather that, and we will pay pateron for the content help you get out if the debt.
I loved disrupt but I honestly feel like the quality of content had dropped and gotten a bit stale and this seems like a pump and dump to cash in before they abandon this and go do somthing else
If you need money to pay your debt, just say it, don´t scam. I love all your videos but this ... idk it doesnt sound legit for me to do an invesment. Sorry.
bruh, just do a patreon.. be upfront about the debt you owe, a channel of a million followers im sure alot of people could chip in a dollar or two, but asking for people to use 100 dollars at minimum to help you out isn't really a nice way to beg if you're gonna beg for help.
Don't try to double down on something if you can't keep a promise, especially with people's money that they've worked hard for. The content is great, but is it so great you'd be willing to sacrifice viewers trust?
0:35 no, you just got done saying you have 460k in debt. this isn't allowing you to expand the company at all. its allowing you to pay off a huge debt that you have created for yourself. 0:50 how did you extrapolate the current position of disrupt? what makes you believe that you are going to have incredible growth every year? you emphasize in the risks section of your operations page that YouTube is very risky as "The free content branch of Disrupt is our primary means of revenue. As such, we rely heavily on the YouTube algorithm to promote our content to viewers. As of now, the platform doesn’t specifically tell us what does or doesn’t get promoted by it’s algorithm." you also state in your financials page that ad revenue and brand integrations have been your greatest source of revenue for both 2020 and 2021. "However, over Q1-Q2 2022, we have moved away from 3rd-party brand integrations in favor of advertising our own products " so you are killing one of your greatest revenue sources this year in order to advertise your new products? what does the revenue look like so far on those products? 2:25 if anybody can find me the law that he is speaking of i would be very interested. Somehow i have the feeling that he will not give it not because of legal reasons, but because the only way to get to his insane valuation is by having incredible growth for many years in a row. 3:00 it seems to be a quick way to make money for you. Attempting to expand so quickly into brand new revenue streams while your current revenue stream is not stable, and while you have a debt that is nearly 7x the amount of cash on hand, does not seem like a great business plan. In their operations page, when talking about their merchandise, somehow they state that the budget to create merchandise is $10/month for AI license, $30/month for contractor. What about the cost of actually making the merchandise? shirts and other physical items are not free to create. what is this contractor doing? you can see contractors listed in the financials as well, making a bit over 38k last year. yet there is no explanation anywhere that i can find about who the contractor is or what they are doing. Stop calling this an investment, this is just a donation to get you out of financial trouble. that is all it is. I do not understand why instead of growing the youtube channel that you are already making 130k / yr on, instead you decide to move to merchandise sales and a subscription site, i understand that you want disrupt to become much more than it is now, but why move away from the only thing you know for sure is profitable. they didn't release quarterly statements, i wonder if Q1 22 looks like they are doing better or worse than 2021.
Holy shit, wow. You doubled down on it. Homie just divert course, everyone knows what this is. Set up a patreon, and be transparent about what this is about to the public. That is the only way you can slightly salvage this shit lmao.
I'll...I'll wait for Coffezilla's take, I don't know about this man, it's risky but not shady at least I think...maybe?
Edit: Nope, it's really risky, like...really really risky, investing it's really serious business, come on man, just be transparent about what's going on, all of that debt?
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i love ur content but you’re literally pulling out a $10m value out of assumptions and its ridiculous. u cant just assume or predict ur channels worth based on actions that will be done in the upcoming future. nobody knows whats gonna happen in yt when we all know how weird its algorithm is.
i understand that this assuming stuff occurs alot when it come to investing. but this is ridiculous, saying this as a fan of you myself. and i dont like how you couldnt just be upfront about this buyout thing from the first video, since it seems like theres no NDAs preventing you from doing so.
this couldve been avoided by doing so many other things besides selling away 10% of your channel. patreon, another side channel, possibly a gofundme, commissions, sponsors idfk theres alot to choose from.
I thought that you might come out after the last video and say sorry, or at least answer the actual top questions, rather you just picked questions which don't add any value to our real questions, this channel is going down the wrong path and will eventually die if you don't wake up. Sad to see you out of all people do this.
Holy shit just walk this back and say oopsie nvm. I don’t know what kind of legal advice you’re currently receiving, but I would go get a second opinion from a random lawyer who doesn’t know you. Cause your current lawyer(s) are just being “yes men.” OR you’re just not listening to sound legal advice cause this is risky AF.
I’m SO SAD to see this super dope channel take such a scammy shady road.
from looking at company financials it will take around about 7.5 years to even meet the evaluation you bileve the company is worth now i love the channel and i enjoy the content made but youtube has a good chance of not even being around in 7.5 years , theres a chance your audience may have faded or you may have decided to do something else 7 years is a very very long term investment and reletive to other investments of peoples money even if your income grows by 3.5x like stated in your growth targets a share holder would have made significantly more moeny with investing in a index fund, not to mention the fact that this is a best case scenario. If you are going to invest i would reccomend reconsidering personally i think the investing idea was a bad idea for this channel and that donations would have been much better. i feel sorry for u man but this just isnt the right way of going about paying off your debts. the way i see it is a high risk low reward investment that would make much more in safer investments. and at the end of the day it is your investors who will lose money not you . i reccomend either asking for donations or you may have to sell the channel , it dosnt make me happy either but it is much better than casuing average people to lose 500 k overall
Sub count is has already started to fall. Lost over 10k overnight after the first video. After this second video, I expect the subscriber Exodus will start, in earnest. I was one of those, "big fan. This is a terrible idea, but I'll still support the channel" people, until this double-down video. I just unsubbed. He didn't address any of the issues being brought up by 99.9% of the comments. Just the few questions brought up by the scant few commentors that seemed eager to invest.
The only problem with this “investment” is that you have specifically garnered one of the most collectively intelligent audiences on YouTube… you know.. the type of folks who would never buy into a deal that sounds as dismal as this one does.
I don’t understand the approach. You’re a smart guy. You must understand your audience is also very smart… strange 😵💫
Well, he already got $175k, so I bet not everyone fails in your definition of smart. I mean maybe bears are wrong here and this channel has a bright future with Jak as 90% owner, who knows.
Past performance and earnings as well as any assets AND debts should be considered when calculating the current Value of your company. Assets minus liabilities. Assets minus $500,000 in your case. 😳 gulp!
Actually vast majority of this company cash is held in stablecoins like usdt and usdc. I guess he is staking them somewhere. Tether is not exactly a company known for their honesty, so he might see some of that money dissappear.
He never answered where we could even sell the shares. A for effort on this fundraiser but for people who actually invest regularly this is just a donation in man. Shouldve made a cryptocurrency or coin to sell. No ability to sell is just a ponzi scheme lol
Smells like a hell of a scam, just too intransparent. This VR bs. is just a blank ripoff, there is no real money in VR atm. and if your company's worth is based upon the possibility there might be in 10-15 years, that's just straight up illegal.
So you said you valued the company at 10mil because of where you expect the channel and YouTube to grow... So what you're saying is that that's not a valuation of the company in its current state?
also i agree with others, the valuation is closer to 1 million, not 10 million, if the other guy is getting 51% and this 500k he wants to raise, he says, is precisely to stop the other guy getting 51%. Here's why it's a scam. Based on the valuation and his channel being in existence for 10 years since 2012, that means 100% income of 100k on average, correct?. if people are buying 10% shares, 10% revenue "investors" will fight over is 10k PER YEAR, and there are likely to be hundreds of investors, so even when disrupt IS in profit again, the investors of more than 500 dollars are unlikely to ever make that back. so even if it WERE a real investment, is very poor quality returns to be expected, little to no return is even possible, based on the valuation
Business plan? Whats the real value of the company? Cant base value on what you think you might do someday within the next 10 years possibly if my plan goes right.
as much as i like your videos, this just seems like you've made mistakes and need help. but instead of a patreon, it's some kind of weird sketchy investment.
doubt it, he's always made high quality videos and you can tell that it takes a lot of effort and obviously money for the videos he makes. so yeah, you can be sceptical but in my opinion i don't think this is a scam
@Dwifte I agree with you but the $10m valuation is still too high. There are tons of 10m subs+ youtube channels out there that barely even makes 200k+ per month. Setting your brand to be valued 10m is just outrageous, its more acceptable if its 2m or smth
@Laufey Yeah, I just realised it's 10 million, I don't feel like that's a good investment, definitely when you're correct when most youtube channels don't make 200k + USD a month. Include that with the fact that Disrupt isn't even a sizeable channel compared to those that make 200K +
'some may disagree with this valuation, that's ok' lmfaooo bro not even trying to convince the 'investors'. why may some disagree with the valuation?? because its all in his mind. 😂
I am saving copies of these videos so I can warn and protect people from this scam. How ironic you storytelling about scammers has got you obsessed with trying it for real. Delusional
@yesn't Yeah I get the vibe he’s going through it right now with this debt putting his dream project at risk of being shutdown and honestly being kinda life ruining. This seems like a last ditch effort to save the channel and still be seen as a legitimate business instead of some channel opening up a GoFundMe.
I think that revenue for this year isn't growing at the rate he is expecting and disrupt+ doesn't have enough subscribers to justify their maintenance. The previous 50% owner probably got tired of waiting for his money.
Dude, just stop this. Stop lying, just come clean. The majority of people haven't been fooled and the short term gain you gained from the people who believed you isn't gonna help you in the long run, and it's only hurt you and your future projects and career. This type of stuff WILL stick with you, this isn't you slipping up and saying something you shouldn't of, this isn't you getting cancelled for some stupid shit on twitter, this is a scam. Please just stop, apologize, and focus on what made this channel great in the first place.
i UNsubscribed just now. People be aware, it's physically impossible to buy someones debt.. debt is "negative money" that you are turning into positive, for him, essentially balancing his sheet while unbalancing your own. IF ONLY he came out and said "i need donations, my channel is in debt" that has a tottally different meaning than "invest in my debt" ....... how you word what you say means everything.... But no one is gonna own anything of Disrupt until you come OUT of debt, THEN you sell shares. Selling debt is literally a scam..... thats like saying, "guys i got 2 million debt (no specific mention of what the debt consists of) lie about the 2m (which was used to buy a ferrari) then claim it's business expenses....... and even worse is, YOUR debt is not OUR problem.
Hmm. I'm a little confused. Is this an experiment or are you really trying to provide something of value in exchange for money? You couldn't just use patreon or ads at the intro or something?
This is textbook Grifting. I also think the guy has a massive ego. Maybe making unrealistically high quality video's and too many staff you can't actually pay has been your rise, but also downfall
what people need to understand is he really can’t pay you a dime u til that 500k debt is payed off. He the. has to get another surplus of income from youtube to even pay you back. Just like he said, you can’t expect any type of return for years to come. This is such a risky investment you might as well call it a fuckin scam. Also something to remember. if he was good at making money he wouldn’t need to do this in the first place.
This is the worst decision this channel could have made. It’s a shame considering the quality of your past content, I hope you take a good look in the mirror and figure out how to get out of the hole you dug yourself without scamming others
alright cya when you finally start nfts disrupt so the final shreds of your dignity are removed and you get to make a marginal profit to pay off the debts you owe
Saying you're worth 10 mil because you're in a market you expect to grow is obscene. You're valuating yourself based off what you expect your brand to be worth in the future, and you're talking about decades. But you aren't decades in the future, you're in the present when you can't even pay off the 400/500k in liabilities. Kinda of a joke to expect your fans to pay you money while they will get no return, well at least not for a decade as you say. So what, a 1.4 mill dub channel averaging maybe 700k per video is 10 mill. A yikes. A big yikes is my personal verdict. Think you've lost my respect
Ha! These disrupt people are living in a fantasy world. The product they offer is not unique or special, there are many other creators waiting to take their place that are just as talented. It was good while it lasted, hope not to come accross this channel and its sketchy ways again. Not prepared to pay your excessive debts mate.
Even you release a Quality Content it is still make no sense that you are asking people for their money with a share in channel that will not be prompted as actual share as you are evaluating your-self proclaim virtual reality investment with no back up's and actual plan to point out your share! and using the money on debt really make no sense, you are good content creator and a quality creator but this, you are just want a quick way out to get out on being in debt and close to be bankruptcy, if people invest in this, well expect with no returns and your money will be lost forever.
Evaluating the worth 9.7M is still unfound, and it's for the future or something, literally this fund raising through buying shares it just like you are lending this channel a money for getting and equal shares so they can pay their debt of the channel that will be later or future 9.7m Company and you are lending them for shares that will not an actual share instead a virtual shares that will develop on future, means you are buying a project that doesn't exist in this world(yet) . Very Misleading Disrupt
A 10 Million dollar evaluation? And it was only done by you?
It sounds like a terrible pitch thrown on a Shark Tank episode. I like your channel and your content but I don't see most channels making 10 Mil in 10 years. Most popular channels will go through their peak and then fall off eventually. You're viewability can change in a day if the algorithm deems it so.
Maybe the alternate reality is a really interesting idea but that's nothing tangible that people can say "that will return an investment". At least not yet.
I think if you just would have been up front and said that the channel needs help supporting itself and that you would like Patreon subscribers, it would have gotten more positive feedback. I'm down for helping but thinking this is worth 10 million dollars based on very lose and subjective data, many people aren't going to fall for it.
You seem to be in quite a pickle, as you're unable to discuss on where the invested funds will be allocated (due to the SEC guidelines) and your viewers demand to know where those funds will be allocated. It seems to me that this path you took by using wefunder and having your viewers "invest" into your channel was a fairly strange idea, but I can understand the thought process behind thinking how big VR and the Metaverse will become, but people will only invest if they know VR and Metaverse will grow to be the size they project to be, which the vast majority of people do not seem to believe. I honestly think a better way of you getting the funding you need would be Patreon, and later on you can set your sights high and produce content via VR/Metaverse once that time comes. For now, this is a pretty shady way of getting funding, and I recommend you try your best to switch to Patreon before it's too late.
Just go public with one of the million SPAC's searching for targets /s
0 likes
Gabe Curran2022-07-24 20:35:12 (edited 2022-07-24 20:36:15 )
Hot take: Yes, the route he has taken is strange and "shady". However, I think that instead of looking at this as a cash grab, to me this seems like it is out of respect for the audience.
Disrupt is portrayed as a business model instead of a "fun project", because it's more than that. He believes in his company and sees a future. Capital is needed to recuperate losses and fund a future, and yes there are other ways to do this, but I respect this approach.
We are being talked to as valued people, who believe in Disrupt and could potentially benefit for essentially donating to something we believe in.
For the record, I feel that I've gotten well over $100 in content from Disrupt over the years. (For Free)
is this actually some elaborate upcoming video idea where hes showing how scams and similar investment frauds work and saving the reactions to analyze later???
This channel died in the worst way. There is no recovery. Goodbye Disrupt, your fans are saddened by the loss, but we'll move on as you deprive further.
Well best of luck to you, but I will not ba a part of the channel. At best this is a horrible mistake you are making. At worst a nefarious and illegal securities violation. Unsubscribed until you have a solution that makes the channel solvent and legal.
OH BROTHER! Come on man?! You doubled down on this instead of saving face???? Horrible, horrible look. Love the channel, but the sketchy details being glossed over are sus. For a channel that creates so much amazing content on sketchy things going on in finance/tech, this is shocking to see.
Love the channel. But what you are doing here is stealing peoples money as they will NEVER get a return on the so called "investment". And your valuation is downright ridiculous!
I feel bad for Jak. Hopefully he gets the 500k and manages to make this channel flourish. I feel bad for reading the comments here aswell but what can you expect for YT comments.
Same here, if it was meant to be taken seriously then this couldn't have been under best way to go about it, and if it's a genuine scam same thing. Unless he's truly desperate and spiraling out this has to be some sort of joke or something
I’m not saying that this tactic is the by any means logical to most viewers. But why does this seem to me to be a bit more of a social experiment rather than the original purpose. Just from the nature of this channel I feel like this social experiment may not be out of reach..
I am not going to disagree or agree with your evaluation. What I disagree with is the way you justify it. No research data presented as if you just pulled it out of thin air.
you really, reall screwed up after the weird scams and dodgy dealings you have covered here on the channel, id think you were more than aware that this looks terrible before you went ahead with it you must think we are all crazy moronic
You're trying to make paying off your debt sound cool. We the viewer get to invest and own a portion of the channel isn't that so cool /s - But it's still paying off your debt. Get a Patreon or something people would be way more interested in subbing to a Patreon than this, nearly everyone hates this. Much of your channel is discussing tech scams, and you think your viewers won't be able to detect a tech scam when they see it.
Yeah this definitely does not set right with me. Disrupt, I'm sorry but this is insanely scammy. I don't trust this at all and neither should anyone else. Edit: I'm unsubbing until this is cleared up. I don't want to subscribe to anyone who tries this kinda stuff.
why i dont care lmao im just gonna not get scammed and keep enjoying some of the best content on youtube. only reason to unsub is if content quality drops
@hfc HE IS LITERALLY SCAMMING PEOPLE TO PAY OFF HIS DEBT! he is not only saying it's an investment, which is a lie, he is also saying that only to invest if you think disrupt will make $10 DOLLARS IN 10 YEARS??? Listen to what the man is saying, it's insane! Edit: Grammer
@Temxas Remd cos the content's good is it that hard to understand?? i dont need my content creators to be good people i need them to make good content lol
A 3 minute Q&A session that answers nothing. Man, you really dropped the ball here. You sound like you're launching a pyramid scheme, and you're gonna take loyal viewers for a ride. You should be ashamed...
i dont like this at all.. unsubbed. why mislead people just say what is happening. more dishonest than the hackers u make videos on. if u r in debt open a patreon and i will gladly donate a small amount to support u. hes trying to pay of a 500000 debt that he has btw
also guys, you'll be glad to know i have both copies of the fake-selling of channel, to mull over , incase he tries to delete and save face. Not on my watch, Bro.
special 18 years 💯 Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
I don't understand people's concerns. This is an investment, it is not guaranteed, most of you will leave a comment here being dumb and then invest in some sht coin and get rug pulled. This man has a vision and will try to realize it, you don't have to invest if you think it will not make a return. Anyway I have no horse in this race and won't be investing but the comments just irk me.
@FunnieFluffy Fun I get that, but if you are willing to make a financial investment, you must be bothered to read the terms and conditions. The decision is up to the individual willing or not to make the investment not random hate comments from people who were not going to invest in the first place.
Time for an unsub. People see a dollar sign and sell out. Cant blame him just wish he would answer certain concerns and stop acting like he cant see them
This video has a 2:3 ratio of likes to dislikes, for anyone who can't see the dislike ratio. 1.9k Likes, 2.9k dislikes. You can view this with a plugin.
I am / was also a fan of this channel, it seems like it's largely fans that are having a negative reaction to this for obvious reasons. It would be nice to have an honest dialogue instead of a somewhat deceptive funding campaign. The creativity / content on this channel are still good but this is bad for everyone involved.
I don't understand why people are saying he isn't addressing people's concerns. From the comments on the previous video most people were talking about the 500k debt, and he both addressed and clarified that debt in this video.
It's because he's trying to go into debt but he's not providing any guarantee that he'll pay back that debt in any meaningful way except by vaguely gesturing at potential growth over fifteen years. 10% of investors would be dead by then having not seen any returns lol. He's basically begging for money and hid the actual reason he needed that money in the original video. He's already wasted any good faith he had with his audience.
3:10 nobody cares about that. you KNOW their r much more important questions to answer on ur monitor but u just dont want to answer them cus u know it will put you into hot water
Arent some of you over reacting? Hes opening the public to an investment opportunity. Hes not saying they will stop making content or prevent you from watching content, unless you fork over an investment.
Why would you unsub from a channel you previously enjoyed because hes experimenting with public investing vs selling out?
Stay subbed, dont invest if you dont want to invest. I cant understand where all this negative feedback is coming from...
to be clear, wefunder is not shady. the only thing shady was that he didn't disclose why he suddenly needed so much money. apparently if he starts a patreon now, his leaving partner would be entitled to revenue in perpetuity or at least until he himself saved up enough to buy out his partner's half.
unfortunately i am going to UN subscribe. what people don't realize is when it's your company, it's also your problem, no one is really interested in your company unless you are paying high 4 to 5 figures a month in wages, on a consistent basis. your company/channel will be buried in the history books "yeah nice company but they fell apart and that's not my problem nor do i care if it were my problem, there are other companies to replace them with"
@Fidelio many youtubers run their channels like a business. Disrupt has employees and he even stated this in previous selling video, from all over the world. A channel is usually 1 individual. and yes it does matter, because adding people adds complications
@James Phillips They do, but stop talking about channels like they are corporations. Its cringe. No YouTuber pays four to five figures a month to employees....Its not a hedgefund.
Men because you have 1 millon its not mean the value its 10x just because you do videos of VR and stuff men :s and you saying that who ever invest CANT expect money or profit for years to come :s WTF????? :S
I’d feel sympathy for this dude but it’s obvious he plagiarized so many of his videos by simply reading off articles of the subjects. Video editing skills are 1 thing but at least be creative of what you’re talking about.
special 18 years 💯 Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
i know everyone talking about how this is mega shady but no one talking about this guys camera, looks worse than them leaked videos with the worst quality
too shady. i'm interested in the culmination of YOUR content rather just be a 100% behind the scenes thing, this isn't content, it's confusing and kind of upsetting tbh not interested anymore
This is a mistake. Walk it back, brother. You're going to alienate your fanbase and torpedo the channel. We love your channel, but no one wants to be marketed to this way.
Risky but with the idea of a decade long investment not too shady at all. Im still skeptical about the future projections but not so much that I would call this an outright scam. That being said I am not investing lol
Whoever's reading this, i pray that whatever you're going through gets better and whatever you're struggling with or worrying about is going to be fine and that everyone has a fantastic day! Amen
special 18 years 💯 Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
special 18 years 💯 Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
I think people are overblowing this. Imagine you guys subscribed to the Patreon for 2 years ago 5$ a month. It's the same thing. It's just business, so stop putting your feelings out here like anyone gives a crap.
I must be the only that isn't bothered by the circumstances around this investment opportunity. That's exactly what investments are, you give somebody your money and leave it completely up to them to make you a return. There is an element of unquestioning trust within that. You don't really ask what they're doing with "your" money. You either trust them or you don't. If you are not comfortable with losing your investment then leave the room. For me personally I know Jak does not want Disrupt to fail therefore it will not. I've pledged money toward it and I accept those risks. Now, I just wait and see. That is investing. Good luck.
based on 1 million valuation (realistic) there is not enough revenue to share with Hundreds of investors. The way shares work, to make someone profitable, you have only a few owners that are owning a large portion of said shares. owning a small amount of shares only works if the company has a very high valuation, of which, disrupt is not. If you are happy wasting your money because you don't have a cluedo about investing, that's up to you, you go do that. But you should leave the room trying to encourage other newbies to invest and encourage uniformed risk. Good luck? would need the same amount of luck required to winning the lottery. Stop commenting when you hvae no idea about investing and just enjoy throwing your money away, other people need to be protected from being a cash cow to a lost cause. I want to enrich the public, not bankrupt them. No one cares what you have to say. it's Wrong.
I don’t even think your videos are that interesting tbh so I’ll pass. The whales, 58 days alone and lulzsec were good but not interested in the rest that much
For all the skeptics, just think of this like a $100 Patreon donation that might give you back some money later. Don’t buy the equity if you wouldn’t donate $100 to this channel.
The problem is the smoke and mirrors, if he was transparent from the start he would've gotten some donations. Plus the money isn't going to the channel, he's paying off his debt
No one is forcing you to give him money or invest on the channel. You all making it seem he scammed you somehow. You have a choice. Invest/donate or don't.
invest and donate are NOT the same. if i invest, i want bigger returns. if i donate, i wave goodbye to money. Almost the polar opposite outcomes for the buyer
special 18 years 💯 Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
a lot of people are saying this is a scam - I disagree. While I believe the valuation is crazy, and the current financial state of Disrupt is also pretty bad, I don't think there's anything wrong with trying to "raise" money for the company.
Are you neglecting the fact this guy is overshooting his company's worth by a factor of 10 and that he's asking (mostly) clueless people for $100+ "investments" that will likely NEVER yield anything back (that's the whole point with investing), passing a $500k debt off as an "opportunity to make the channel grow as a company"? A channel that he doesn't even fully own? Because that's very, very wrong in my humble opinion
He intentionally hid certain valuable information from the previous video and from WeFunder main page to not spook investors. That's just plain dishonesty
All these commonly grammatically incorrect commenters so stingy with a measly $100. Y'all the type of people to stand in front of a homeless person begging for change tryn'a stop other people from donating because you think he'll probably spend it on drugs or something.. So what if you don't get anything in return, would it kill you to help a stranger out with 100$ once or twice in your lifetime? At least this gentleman is upfront with what you're contributing to - and if you need to dig deeper because you can't understand the potential of what he's already explained then this isn't for you, move on.
RE "Y'all the type of people to stand in front of a homeless person begging for change tryn'a stop other people from donating because you think he'll probably spend it on drugs or something.." - THEY DO. I spoke with Homeless people and they even told me they do, to stop feeling depressed, its not right or wrong, but there is a reason behind why they choose drugs
"So what if you don't get anything in return, would it kill you to help a stranger out with 100$ once or twice in your lifetime?" - BE MY GUEST, BRO. no one has to donate. you're owed nothing, not even oxygen. if a company could put a price on oxygen, they totally would. you are owed violence, at worst, for your immature views. Nice things have to be earned. sorry to burst your bubble, bro.
"At least this gentleman is upfront with what you're contributing to" - DEBT is NOT an investment. NO ONE uses a credit card as a means to "make" money, instead it is making NEGATIVE money ie money that is Owed. even if i was a trillionaire, i would donate nothing. you get zero. you havnt done anything to warrant any form of trade.
if you need to dig deeper because you can't understand the potential of what he's already explained - BUYING DEBT = giving away money. NO thanks
then this isn't for you, move on.= It's not for anyone on the planet. Everyone is moving on in unison. YOU pay if you are so concerned. Good Luck getting ya money out and wasting it, might as well dump it in the bin.
Despite the fact that not everyone has the ability to just throw $100 in the air, many people had already pointed out that this is pretty shady and they can just open a Patreon or something similar instead of doing this
Jak got greedy and tried to buy out his partner's 50% for $500k. Suddenly he realized he couldn't pay, and now he's looking for donations essentially to help him foot the bill in exchange for 10%. There's helping the homeless and there's helping the stupid and greedy. This is the latter.
special 18 years 💯 Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
Whoever's reading this, i pray that whatever you're going through gets better and whatever you're struggling with or worrying about is going to be fine and that everyone has a fantastic day! Amen
These negative comments are getting pretty old pretty fast. Just jumping on the bandwagon of negating the investment opportunity with uninformed opinions based on pure postulations. He has literally laid everything out there (within legal reason) and continues to be transparent with videos like this. I understand wanting to ask questions and trying to figure out if you want to invest, but it’s probably better to stop attacking someone’s character because YOU don’t feel comfortable. Also maybe take a step back and ask the question, how many people making these negative comments have actually owned any type of business?
Islam is a religion that calls for the worship of God alone, who has no partner, and that Muhammad is the last of the messengers. The Qur’an is the last book of God. It is one copy that has not been distorted. Scientists prove scientifically things that were discovered only in recent years, such as the stages of the formation of the fetus and many other facts that God has mentioned in the Qur’an to prove the authenticity of the Qur’an. That is, from God, and to establish an argument against the people and upon those who heard of this, God is the one who created you and He is the one who will send you after the grave to the reckoning. Have you not wondered one day who holds the heavens and the earth to pass away, and who provides for you and who created you from dust, and where you are when you sleep and this is an example of the grave And sleeping after it is an example of the resurrection of the resurrection
Don't play your fans for fools. This is the reason apps like Patreon exist. There is clearly something bigger going on, so before you dig yourself a deeper hole, please actually listen to your core audience and tell them the truth, and don't try to scam them out of their hard earned money.
1232 likesI have enjoyed watching your documentaries, but stuff like this just turns me and probably a lot of other people away from engaging with your channel any more.
Replies (15)
good take
15 likesEXACTLY! You're asking people to "invest" to repay your debt! That's not an investment. Just tell us if you need help and we will help you. But don't make a big scam and lie about needing help!
86 likesAlso YouTube's membership and super thanks systems
6 likesfnm! i didn't know you had good taste!
3 likesHe wants to hack us next
2 likesYep, this is it
17 likesI unsubbed because of this because i see exactly how it is.
His own personal opinion on his company's value and the value of his VR content is like me saying i have a networth of 10million because i will make a social media platform that might take off in 15 years.
didn't know fnm was watching disrupt
0 likesbut yeah, maybe jak should make a patreon
Just unsubscribed, shameless
4 likesI feel bad for him. It seems as though he has a gun to his head or he's shameful about getting himself into this situation - telling the truth would be the best option here, and I would respect him a lot for it
13 likesat least with this you have a chance at getting money back, unlike patreon
0 likesI just unsubscribed. I'm out.
2 likesYea
1 likeSeriously, I'm nearly 100% sure people would be willing to help fund the payment if only he was honest about it.
3 likesAgree, i would be happy to chuck $20 in a pot with no expectation of anything in return. and imagine 10x more people would be willing to do that than would 'invest' $100.
1 likeHe just told you what's going on. Well, more rather he quickly glossed over it. Somebody at disrupt studios broke up with them. Jack wants your investment so he can keep creative control. It appears that 10% is what is needed to swing the balance in his favor. Seems deceptive.
0 likesThe problem with funding Disrupt with investors is that you’ll inevitably be forced to prioritize making money over strictly content creation. You’ll have to monetize your platform in unlikeable or unfitting ways, or risk sinking the entire project. Investment is not a bad idea for a media company, but this brand isn’t currently big enough to guarantee anything for it’s investors. There’s a reason other people in your shoes might just start a Patron. Ask for support from your audience, people who already love the stuff you put out. You’ll be beckoning to people who are much more likely to support your channel based on passion and a will to see the creative power behind this company succeed. Currently, you’re advertising to people with an investment mindset, yet showcasing really how poor of an investment this is. Right now, with Disrupt’s current size and project output, you need to play into your strengths, and currently those are your production quality and fanbase. Not your ability to garner a profit.
391 likesI wish for the best for this channel but investing just seems too risky
66 likesReplies (11)
"investing"
3 likes@yesn't ?
0 likes@Sol you can't call paying off his debt investing
4 likes@yesn't I rewatched the video because I didn't fully understand what he meant. I then saw the 150,000$ in debt 💀
3 likesLet's be honest we all enjoyed this video by having this:
1 likehttps://youtu.be/vC0roEkkKkQ
Imagine asking for money in debt and calling it an "investment" 💀
1 like@Sol $500,000, not $150,000 💀
2 likes@yesn't it’s an investment because you’re getting a portion of the ownership of the s channel
0 likes@Temxas Remd oh 💀
1 like@Big Hitter yeah but the way he’s portraying it to be a investment when really he’s just paying off debts is messed up
0 likes@Sol 500,000 USD, AND he defaulted.
0 likesRaising $500,000 to save the channel via crowdsourcing is completely fine, as long as you're upfront about it. I imagine many people would be willing to chip in a couple bucks to continue seeing content from a channel they like.
294 likesBut asking for a minimum of $100 per person and then trying to pitch the whole thing as some kind of "investment"?
Kinda shady bro.
Replies (5)
Exactly a minimum of 100 dollars is way to much for long time supporters of the channel who can't afford blowing a hundred bucks on a YouTuber, I hope all goes well for disrupt bc it's my favorite YouTube channel but there has to be a better way to raise money
13 likesVery shady*
7 likesAnd they would’ve kept 100% of the channel as well as not have to worry about all the bullshit they’re promising investors..
4 likesInvestments via wefund always have a $100 minimum. He did not do that himself.
0 likes@Aliysaa So why do it over wefund in the first place?
0 likesMuch of this smoke and mirrors discourse could've been avoided by implementing a Patreon, possibly combining it with Disrupt Plus, to give yourself full creative and financial freedom. Or in some way or another, explore memberships, literally an already existing feature on this platform.
851 likesYou'd be justified to use that money without shady promises, even for matters you're not comfortable disclosing to your public audience in the first place.
Replies (15)
https://youtu.be/i4gIqgtBXJU
0 likesFinally it's here
Let's be honest we all enjoyed this video by having this:
3 likeshttps://youtu.be/vC0roEkkKkQ
or just make product placement as Linus Tech Tip is doing, this is the best way to make money on youtube IMO...
21 likesYo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesDon't read my name..!!!!!!!!!
1 like@Absak This should have been the first step 100% as it is a tried and tested method that is increasingly common in the YouTube ecosystem. A strange and vague way of generating channel funds was definitely not the way to go.
2 likesor the yt members system
0 likesI thought he had one tho, a patreon
0 likesOr selling merch?
0 likespatreon is not a freedom place to be.
1 like@Absak Linus Tech Tip is a different product. Totally different channel.
1 likeThe difference being, the other half owner would get 50% of all the revenue, which would raise his 1 million dollar evaluation, and make the buyout harder. This way, jak can say “I’ve projected the ability to be crowd funded, at the current evaluation, for only a ten percent stake” which would solve his problem. The whole time not taking a single actual dollar yet. Hence why it’s done on the platform that it is
0 likesBut then he has to give 51% of patreon money to the other owner along with his 49% until the 500k is paid back.
0 likes@Mayhem Keys more honestly, if the channel had a new revenue stream that made any money, it would likely be grounds to raise the number from 500k to more because... the channel would be more profitable. but as it turns out, jak is the one who valued the buyout at 500k
0 likes@Cheese Cake gumroad? ko-fi? or set up their own and get 100% of payment, like ross creations did. literally any option would be better than what they're doing now
0 likesI personally think that you could have been more transparent.
301 likesShould have said something along the lines of:
"Disrupt is in need of 500k due to one of the co founders departing.
We are setting up a Crowdfunding campaign in order to pay off the Debt caused by their departure.
If we are not able to clear this Debt caused by their departure, it will affect the future of Disrupt."
Being more transparent would help this situation to not look so sketchy.
Replies (1)
But it’s worse when you realize he’s trying to sell us 10% of what he’s paying 51% for.
12 likesDamn you really dodged the real concerns people were having. I get it you need to pay off your debt and I do think deep in your heart you think that your channel is something worthy of investing in, but I gotta say it’s a bit eye opening to see all the negative comments on your last video and then watching this short Q/A video that dodges the real concerns in favor of responding to questions from people you view as potential investors. It’s a shame you’re doubling down and aren’t even addressing the main concerns people have with this.
596 likesReplies (7)
https://youtu.be/vC0roEkkKkQ
2 likesFinally its here YES
@its Time report this bot
18 likeshe can't say what he's doing with the money ? can you listen
1 likeyeah, and what happen if he can't reach his goal? the investment is going to dust?
3 likes@Dedicated many bots and reporting them.
1 like@not torch wink wink
1 like@Cheese Cake he doesn't get any money, it's just to see how many people are willing to. if he does reach the goal then you are asked again if you want to continue then you pay, if not ALL the money is refunded
0 likesWhy not make Disrupt a publicly traded company? The way it is now, this entire things just seems scammy.
159 likesReplies (8)
https://youtu.be/vC0roEkkKkQ
2 likesFinally its here YES
Because it IS a scam. He does not want to earn money honestly, he will disappear as soon as he gets enough money. ;)
34 likesBecause it's not big enough and has no where near enough revenue to go public
20 likesIs scammy.*
2 likesBecause then you have to be accountable.. The way they are doing it, I'm sure the fine print says that you agree that your money could disappear and you can't do anything about it.
1 likeGetting an IPO is much much harder than you think
0 likesGetting a company public is a long and complicated process and they aren't near big enough to make that work
1 like@Amphibax exactly
1 likeI have 3 issues with this:
499 likes1) how has disrupt been valued at ten milly but couldn’t make enough to pay off the 466k debt for a couple years
2) so the crowdfunding is supposed to cover the debt but investors in total are only being allocated 10% of the channel to pay off the other guy who has 50% for the same price
3) what happens to investors money if it goes to plan b? Do investors keep stock after the restructure or is the money lost or refunded?
I honestly think that investing in this channel would be a good idea if it was thru like the nyse or something and not thru some random app. Plus these numbers just don’t add up lol
Replies (8)
I feel stupid for not realizing that he said that the company is valued at 10mil for 100% but apparently a 51% is supposedly worth 500k while also being 10% simultaneously
46 likes@サッポロビービー Hes making yhe viewers pay for his own investment within the business because he knows that:
12 likes1) Viewers tend not to have a knowledge in business, and people enjoy the content
2) He couldnt ask anyone else such as an angel investor to pay it off because they would see the obvious sham that is this deal.
It's not a debt though, it's a potential buy-out. Firstly I don't think he can use the money the company owns to buy the shares (not to mention he says he only expects a few cents in return the next few years), but he also might have to pay more money if the person who owns 51% sets their price higher as the channel grows.
2 likesStill scummy that they don't go more into detail about this, there should be a whole video detailing the situation, though if somebody owns 51% I don't understand why he wouldn't rather just quit the channel and make a new one instead. Unless he for some reason signed a non-compete.
@ITR It’s not a “potential” buyout, he already bought out a company with money he didn’t have and now he’s trying to pay off that debt. Very different.
4 likes@サッポロビービー the 500k was a buyout from 1-2 years ago. before the company was making 200k. the 10 mil valuation is a future valuation. its what they expect the company to be worth in the future. but to be honest the only bad thing about the company’s financials is their current debt. Otherwise they look great. very low operating costs and their revenue and net income quadrupled in one year. if the debt is fully paid off then the price per dividend per price (assuming their income stays the same or increases) is actually on par with the dividend per price of stock for the S&P 500. If you personally believe that Disrupt will be some huge media corporation that gets bought out for hundreds of millions in the future then its not a bad investment imho. I’m not sure if I will be investing. and if I do it would be $1,000 or less and only purely as a hail mary gamble. But I actually went through their financials and calculated an appropriate price for preferred shares at their given income and (assuming the debt is paid off with this funding round) then the price is actually in line with most publicly traded companies. The only other risk I can see is how their fans view this play. This could hurt their future income. but if they survive this its a pretty average investment opportunity and if you want you can think of it as a crowdfunding opportunity and just throw $100 at it. worst case you help out a company you love. best case in 10 years that $100 will be $1,000 for beer money lol
3 likes@Asher808 In the beginning of the video he says they will resume control if the funding doesn't succeed.
0 likes2) I imagine they didn’t go for the full 50 because of how much that would mean bending their creative choices to the shareholders — and 10% is just enough for that to not be a serious concern (depending how they restructure) while also being just enough to still pay back the 400k+ over some time
0 likesto answer 3, no. no money is refunded in stocks, infact, thats why it's risky. you could lose a ton from investing in the wrong thing
0 likesVery speculative investment, interesting but extremely risky IMO
750 likesReplies (25)
Yeah....
62 likesEdit: not even an investment tbh
https://youtu.be/i4gIqgtBXJU
1 likeFinally its here
yeah this seems risky asf and really out of line for disrupt... i dont like it
39 likesIt is misleading lmao
7 likesCalling paying off a debt " a investment " is a joke. Call it what it is , a fucked up financial situation in which he is trying to exploit his viewers to pay it off.
39 likesLet's be honest we all enjoyed this video by having this:
4 likeshttps://youtu.be/vC0roEkkKkQ
@Thomas He could have just asked them for money and they may have helped him.
4 likes@Fidelio yeah he could've made Patreon exclusive content , limited supply merch , done more ad reads , you name it. Anything wouldve been better than this half assed plan that he calls a investment.
12 likes0w0
0 likesI’m almost certain that if you left your money in a long term savings account you’d get a better return. This isn’t an investment, it’s a charity donation.
3 likesYo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likes@BarryPlowman just the added bonus of "owning the channel"
1 likeDon't read my name..!!!!!!!!!
0 likesDude just give us merch or something, we will buy it if you just make it! Don't do this! This is just scamming people.
2 likessip!!
0 likes@yesn't Yea right now it's just gambling
0 likesit ain't even an investment lol
0 likesI think it's silly to even think of it as an investment. It's just support for the channel. If it turns out that you get something back, that's just a bonus.
0 likesthere is no middle term between 100 and 1k investment....
1 likestill better than patreon ig
0 likesits not an investment, its a donation for jak to pay a debt. its a go-fundme but you get a few cents in return.
0 likesI agree, very very interesting for the future of YouTube and social media, not a good investment in this case.
0 likesIts not an investment, look at the website its just a big joke
0 likesLamo it’s not risky at all, it is just idiotic smh.
0 likesYo sipper is a Disrupt enjoyer
0 likesThis just says to me that he is having money problems and needs our money.
570 likesReplies (13)
https://youtu.be/vC0roEkkKkQ
4 likesFinally its here YES
Basically. While I'm thankful for his investment for our entertainment, it was his own risk to do so. We don't owe him an investment from our side although I don't mind supporting the channel
61 likeshttps://youtu.be/i4gIqgtBXJU
0 likesFinally it's here
It is. If you look over the financials, basically "he" bought the other half of the company from the other co-founder for $500,000 meanwhile the company only made $50,000ish last year. So basically people are buying these shares but paying over twice as much as "he" (the company) paid for each share with no guaranteed returns as your profit is out of net which is easy to make disappear. It could either be a really good deal if you trust Disrupt, but you are still buying the shares at a bad price when you figure in that you are bailing out the company.
28 likesNot just money problems, conflict between owners of the company
4 likesYo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesExactly
0 likesexactly
0 likesBad deal doesn't youtube pay him and sponsors and other stuff wt
1 likeI’m just a young mexican stoner that smokes weed on my YouTube channel, tryna me it out the hood One Day👌 When i look at the top where all the successful people are… there isn’t NO mexicans 😅🫠
1 likeHave fun staying poor
2 likesOf course.. that goes without saying.
1 like@7Hunnid! you smoke weed and expect to make it huge based on that alone?
2 likesYou should just be transparent and honest about the current position disrupt is in
75 likesReplies (1)
https://youtu.be/vC0roEkkKkQ
1 likeFinally its here YES
FYI this isn’t an investment. You’re paying off his debt.
321 likesReplies (5)
He is paying off his own debt to buy the channel. If he adds patreon before owning it, then he owes 51% of patreon money to the current owner.
7 likesOn one hand, he wants to use the audience to payoff the departure of the partner. On the other hand, if he is extremely confident and bullish about the channel’s growth, then he should put his own money to buyout the departing partner. Say he doesn’t have the funds, reach a 5 to 10 year agreement of paying off 500k debt. Another avance to take is raising investment from his inner circle, accredited investors, friends, family, acquaintances. Easier said then done but these are avenues to reach first for such long term plan. It is what most companies do that start from a garage. I understand that Disrupt’s intent is to disrupt the media industry. Just doesn’t disrupt your fan base. You already disrupted your financials.
3 likesTraditional or typical ways have been proven best practices than new disruptive ways.
Lol
1 likeTrue, look at the financials.
2 likesNot me, y’all stay safe tho😂✌️
1 likeDamn seeing all the comments about this shows how people are reluctant to fall for this. Im sorry man this looks like the end of the road for me (and most likely alot of us). Hopefully you are able to figure this out a different way and not using shady investment tactics.
123 likesReplies (2)
the end of the road for me was the digital stuff overpowering the stories.
4 likesRIP a great channel
2 likesAs a person who studies accounting, my issues are:
75 likes1. You havent explained anything about the company. You havent told us who this 'previous member' is, how you arrived in this situation. You have basically just said 'Im in debt, theres a reason, pay it off for me thanks'
2. Your valuation is biased. A 3rd party should have been the one to value it, not you. If I value my property, that doesnt mean its actually worth that. I'm glad you've explained youre the one who valued it, but that shouldve been addressed in the first video, not afterwards.
3. That balance sheet seems awfully scarce of information, and you haven't explained how any of the values present.You shouldve also shown us the other financial statements, and explained the current structure of Disrupt, and your current investments other than YouTube, as based on that balance sheet, your projected value is completely unjustifiable.
4. You're crowdfunding money, selling 10% of the business to pay off a proposed $500,000 that was paid for 50%. I understand that the business may have grown since then, but it feels awfully sketchy at this level of percentage. Its just my theory, but maybe the reason you havent taken this opportunity to someone who can fund it, is because you know what you are doing is sketchy, that any sensible businessman or woman would know that what you are doing, is using the crowdfunded money to pay for your own ownership within the business.
Replies (4)
My hypothesis for the $500K price for the membership rights was probably based on speculation of how Disrupt+ was going to perform and the price of his services in concert with that
2 likes@Lord Akira Thats another reason that the valuation needs to have came from a 3rd party. The price they have created doesnt fit the amount they owe for the percentage of business they sold. Theres always goodwill, which is the non monetary aspects of a business, and assets that cant be valued, but none are worth enough to decrease the buyout price to a point where its worth a 20th of what the valuation is. Either the person whos selling is an idiot, or the value isnt as high as they said. It feels the same as one of those youtuber crypto coin scams and I hope they dont reach their target
0 likes"I have evaluted myself, and I am worth 10 million dollars." has the same energy as " I investigated myself, and found I am not guilty".
4 likes@Selection Quite literally! I found the income statements buried at the bottom of the wefund page and lets just say it isnt looking good for him. The owner has been repeatedly taking pretty much all of the money out of the business for wages, both times around $80k. It isnt so bad in 2021 as the company had made 140k, but this is still a massive red flag, especially being that it is an LLC, which has limited liability. No money is being kept within the business for growth purposes. It also makes Jak not responsible if the business goes bankrupt, meaning any debts the business incur are not his to pay. Then theres the fact that their using it to fund their costs of travel and rent, which cost them several thousands in both 2020 and 2021, aka using it for tax avoidance purposes (different to tax evasion, its the process of manipulating the loopholes in the law to avoid tax, which is still illegal, by claiming that the property he owns is required for his work, it allows him to force the costs onto the company and reduce his own tax costs on said property, its quite common when self employed, but unprofessional when others are involved). There are around 60k in valued assets within the business, mostly in short term investments, which are clarified to be crypto currencies; a very volatile market. The truly dodgy part is the fact that there are no physical assets attributed to the business. Its also sketchy that Jak Wilmot (The person buying the business) has 3 and a half years to pay his debt left, yet he decided to run a crowdfund now. That tells me that he may not be reaching the figures he needs to meet the payment scheme the two organised, and needed assistance, which could be backed up by the Cash Flow statement thats shown in 2020.
3 likesBasically, something is definitely off with this deal. It could very easily be a pull out scam, remember that any debts the business incurs are not his to pay, and by becoming owner he could very easily just take the money and run.
The owner is living high and mighty. Both Jak and Jordan are living well, earning 40k each from the 50/50 split of the wages (as there is no formal agreement so i have to default to equal split, its law) then theyre having their rent paid (About 5.5k a year, approx 450 a month meaning more than likely, one owner isn't working on disrupt anymore, they share a place, or they both have really shitty apartments that cost half of 450), theyre having travel costs paid at 7.7k a yr. Thats alot of travel. Thats talking over $150 USD a week, so theres sumn very weird ab that. You get my point
So this is how those people on shark tank felt when someone came up with
26 likes- a wild valuation,
- cashflow that doesn't support it,
- even worse, history of bad financial management,
- growth projections based on the size of the market sector,
- a fickle market
- offering tiny stake in the company,
- use for invested money that isn't directly towards providing value
- and, rather insultingly, buying 51% stake for 500k and then offering shares at a 10x
This is a gofundme.
Replies (1)
It basically is. I don’t get why he couldn’t have just done something like a go fund me instead of promising a reward that isn’t really there
0 likesI'm torn, honestly. I love this channel, it has pushed me that much further into my digital media technology degree and definitely sparked my interest in programming. However, I can't help but to agree that a patreon or something other than this would have been a better option to raise the funds to pay off this debt. Maybe this is how you wanted us to translate this considering you left this in the last pages of the financial documents, but thats just the thing, it was in the last few pages and not mentioned in the original video at all. Transparency would have been nice.
50 likesIts just so weird to me that a channel whos catalogue is heavily based around people committing scams or fraudulent crimes, you'd take this route for the channel.
92 likesReplies (3)
This is why this whole thing doesn't sit right with me...
8 likes@calholli I hope thats just what this is. It just feels like a really strong left turn to make. Not to mention, this channel makes great content, but its not a huge channel. Its not like Smosh where they were giant and were able to go coporate (To their own dismay), this is a 1.5m channel that averages half a mil per upload. Enough to make a career, but like bro, the channel isnt THAT big.
2 likesIf you are exposed to it long enough due to all the research...
0 likesIf you have debts to pay off, why not open a patreon?
17 likesReplies (6)
Bruh, youtube genuinely unsubscribed me from you, what bullshit is this? Honestly youtubers just seemed to say it so people check the subscribe button but it’s an actual thing?
1 likeFrom what I’m seeing as this channel has multiple “owners”, opening a patreon wouldn’t help much unless he creates his own content for said patreon and it would have to be nothing to do with disrupt as otherwise he could be in legal trouble. I’m really sitting on the fence with this “investment” (not that I will invest) as I don’t think it’s a scam as most people are saying, This channel is basically a business at this point with disrupt + but as it started on YouTube there really aren’t any clear ownerships which is ultimately why a situation like this arises where one person needs to take over and be the sole “owner” of the business
0 likeshttps://youtu.be/vC0roEkkKkQ
1 likeFinally it's here YES
@jacop969 yea true, but could just use it to pay off debts for that reason, would sound less shady than what this investment thing is.
1 like@Starcat yeah I guess the thought process from where I’m coming from is that he (or they) can’t be stupid enough to do something as stupid as all these armchair investors are saying, disrupt has some real potential and they wouldn’t just throw it away like this. Honestly everyone is probably right but I’d love to see them all proven wrong because these days people see a comment with multiple likes and believe it to be true without putting any thought into it
0 likes@jacop969 Shares were transferred to Jak once he made a purchase. You can verify it in financial disclosure. He is currently an owner of 100% of Disrupt. There would be no issues with patreon.
0 likesI really think just speaking plainly and being honest with your audience would have been the best move. This channel has done great work and has had a positive influence on its viewers, and I think this shady approach to the problem is a slap in the face to those who otherwise would have wanted to help by donating.
12 likesI wished you've just been honest and sat the goal towards 500,000 thousands (with a note saying the money would go towards buying out the 2nd co-owner of the channel due to disagreement where the channel is heading, as this will be or has already become a PR nightmare) instead of valuating the company based on potential promises and a potential posistion the company might be in for the future of for example the Metaverse.
247 likesReplies (6)
Let's be honest we all enjoyed this video by having this:
2 likeshttps://youtu.be/vC0roEkkKkQ
https://youtu.be/i4gIqgtBXJU
0 likesFinally it's here
when you do a second video to explain your position on your first video this is already a PR nightmare, this may very well be a bad thing for the future of disrupt as a brand...
11 likesYo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesI agree. A crowdfunding and explaining the situation would've been a better way to deal with this.
0 likesmaybe because of stuff like that the co-owner wants to go...
2 likesThis doesn’t really change the fact that I’m pretty confident this is an illegal security and has a $10M valuation. You must have used some insane growth rate (plus your stated assumptions about VR becoming ubiquitous in 15 years) or don’t understand time value of money. You even concede it’s a decades-long investment, which is something no financial advisor would ever reference. This is a really awful idea to put out and a worse idea to ‘invest’ in.
621 likesReplies (20)
https://youtu.be/i4gIqgtBXJU
1 likeFinally its here
Let's be honest we all enjoyed this video by having this:
4 likeshttps://youtu.be/vC0roEkkKkQ
Yo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesOther than the bots being bots, yeah this is definitely a scam man
39 likes@Temxas Remd new doesn't equate to scam.
4 likesDon't read my name..!!!!!!!!!
0 likes@Jay I'm going to rephrase what I said, read THIS man's comment again and understand what disrupt has also said. You'll start to see the picture.
7 likes@Temxas Remd he sounds so smart but he is just rephrasing what our CoffeeDetective said in the last video, and he didn’t even give a hint of credit, like he is the one who figured it out. Nothing at all? Yep.
6 likes@lol gamer you realise that not everyone knows or watches coffeezilla and that people can have ideas and thoughts independently of each other, don't you?
8 likes@Cam Mackay my mom had independent thoughts before.. she's fucking dead now.
0 likes@Don't Read My Profile Photo too late for that isn't mister?! 😡 I even had to click on your profile icon to be able to read what was displayed on it!!
0 likes@lol gamer Who cares who said what if they're still speaking truth
0 likesi dont disagree that this is scummy, but as someone who doesnt really know much about this stuff, how is it an illegal security?
0 likes@Jay i'm reporting all of you spamming. ALL of you.
1 like@Cam Mackay yeah don't know what that coffee dud is and don't care.
1 like@Cinnamon Private stock being sold to non-employees typically (always?) requires the buyer to be accredited in the eyes of the SEC, which is either $1M in net worth or I believe $200k salary for 2+ years. Then the seller has to verify that. Maybe we’re all rich here and he’s verifying. Maybe.
2 likes@Cheese Cake cry harder
0 likes@lol gamer I dont know who coffedetective is. Do you only let other people think for you? You sound like you watch the news 🥵
0 likes@Jayoh, you didn’t watch the last video? You know, how it has literally exposed the whole ordeal? I don’t know man, you sound like you gave your sugar mommies savings to this “investment”. Subhuman? Maybe even ff management level? 🥵
0 likes@Cam Mackay It’s too damn close to what he said, I’m just saying, it’s one thing when your an expert at exposing things like this, such as Coffeezilla. I’m just pointing out what he should have done because if you read what coffeezilla said, and then this comment, you will undeniable evidence of identical data. You should at least give some credit, even basic school citations such as “according to” if you really don’t know how else to go about it.
0 likesLove your videos
345 likesI don't like this, but maybe I'm just being too skeptic.
Will keep watching, and will become a part of it if it's not something scamlike.
Keep up the great work man. You're one of my favorite channels on youtube.
Replies (9)
https://youtu.be/i4gIqgtBXJU
3 likesFinally its here
Let's be honest we all enjoyed this video by having this:
4 likeshttps://youtu.be/vC0roEkkKkQ
You're not being skeptical
22 likesYo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesIdk who “we” is, I won’t. Not unless he answers the real concerning questions bc right now he’s being slimy af
2 likes@FNAF 🅥 Report this bot.
1 like@beyond your imagination Report this bot.
0 likesThey're called devil sticks. Anyone can use em.
3 likes@C peace.
0 likesyou massively overshot your channel's current value and are expecting and hoping a bunch of fans of your channel will pay for it to pay off your debts with a glorified kickstarter or gofundme disguising itself as an investment opportunity. you're taking advantage of the current investment landscape by creating an "opportunity" for people to invest in with the hope your speculative amounts will MAYBE come to fruition but only if virtual reality/metaverse pans out how you hope it will (as a fan of VR i really do not think it will become as mainstream as something like a mobile phone is, especially given the current landscape of how it's been developing) or if your youtube channel grows massively, which while your videos usually have high quality impressive visuals, does not reflect in your current view count.
8 likesoverall, this video does not do a great job at quelling the concerns the majority of your comment section has, and you SHOULD be answering them (considering youtube is where your biggest platform is) instead of being vague when people ask valid questions, which is further alienating everyone. i sincerely believe anyone who knows anything about investing will and should stay far away from this and inform others about how sketchy it all is. but hey, you probably don't care as long as you get your money.
Replies (2)
my favorite splatoon content creator giving quality advice?? omggg hii hacker :>
0 likesIts shady I hope but doubt this will change in a good way
0 likesHonestly, trying to do an NFT might have been seen less negatively
80 likesReplies (4)
Oof!
4 likesLmao. Well, i guess it's less shady but still a horrible move either way.
0 likeslmao
0 likesAt least with an NFT the crypto bros would be here to back this up. Literally not a single soul is backing this up.
2 likes"You should not expect to make any return on your investment for subsequent years"
452 likesThen please explain why any of us should "invest" any of our hard-earned money into this pipe dream?
"This valuation comes from me, not any third party"
Dude, how can you say this and still expect anybody to take you seriously? This is frankly insulting to us, the viewers and potential investors.
I like the channel, but you may be killing it right here and now going down this route. Abandon the investment angle, start a donation campaign and a patreon where people can support if they wish to. This investment angle is predatory.
Replies (18)
how tf does this not have comments
17 likeshttps://youtu.be/vC0roEkkKkQ
3 likesFinally its here YES
Yo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesIt’s literally just a guess with zero financials. This company probably isn’t even worth $1 million.
20 likesI'm surprised people don't know what investments are. Do you pull stocks after owning them for 1 month? Do you even think?
4 likesOmg, what, have you read cryptoinvestmentfordummies and then linked it to stock investments? Don’t you dare tell me that’s how stocks work, I know a lot of people who have been successful investors throughout their lives, and that is not how it works. You aren’t getting a stock that gets you substantial returns in a very short period of time in this era, maybe a little down the road but not right now, not with this one.
2 likesOther than that I wouldn’t invest in this because of Coffeezilla’s post, which shows major red flags.
0 likes@lol gamer who are you talking to? And wtf are you even saying?
5 likesWhen I heard the self valuation I pulled out
13 likes@Jay I'm surprised that you act so arrogantly despite not having the slightest sense of why this is clearly a horrible investment for anyone to take. The appeal of an investment is the idea of making a return. This isn't an investment - its a donation.
8 likes@S _ Based on the video, you are closer to the current evaluation than the $10m offering. Why? Well it was stated that to buy out one of the founding members 51% stake in the company, it was around $500k... Everything else is speculative. Some growth can be used, but we'd need company financials over the last 5 years, earnings per video, cost per video. Since the VR stuff currently sounds like a monetary sink we can really only value the Youtube portion. And then from determine how big of an albatross the VR portion is around the channel's value. If it's a cost that can be discharged quickly it would have minimal impact to the valuation. If there are long term costs associated with exit penalties then those come into play. Net Income of $133K would put the valuation somewhere around $1-2M evaluation. Though that's only if someone is buying the company to run and work at. As the hit of owner's salaries/expenses if things were to stay the same would diminish that valuation considerably. As now the earnings would drop to around $40k. Which is much closer to the Asset list at the top and that makes sense.
4 likesPlus since this is a Youtube channel even if you bought it, if the current owners stop working there, it would drop in value fast as the writing quality and voiceover would be a jarring change to the brand.
whats the difference between a donation or an investment which doesn't make much in terms of returns?
0 likeswell said
0 likes@Cam Mackay he's trolling. he's probably the same youtuber he's referencing. lame.
1 likeWere you going to invest if he "explained" if not what is the purpose of this comment other than attention?
0 likesokay so you can donate hundreds to him on patreon or whatever and only get exclusive content, or you could own shares of the fucking company with the potential to pay off in 15-20yrs if you believe in jak, along with all of the other disrupt + benefits etc.
0 likes@Cam Mackay You, other than I agree with you on that this is a worthless investment at any debate. However, your first quote mildly infuriates me because you come off as those people who think every stock is going to bring the house mortgage down by half in 2 months. What he said is legitimate, it’s almost like a basic forewarning for people who think that’s how shares/stocks work. He isn’t giving the 2000’s era back. But again, not worth it on all other terms.
0 likes@Zachary Nice Good point, but it’s pretty obvious that what you have proposed is not going to happen.
0 likesI hope this channel survives whatever you're trying to do now..
213 likesReplies (3)
https://youtu.be/vC0roEkkKkQ
2 likesFinally its here YES
Yo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesThey are trying to pay off debt. lol.. Don't ask question about what the debt is from--- shhhhhh.
0 likesThis is extremely shady. You refuse to use a patreon and instead want "Investment donations" which, essentially, is just people paying you money to keep making content (so the same thing as patreon). You're going to lose a lot of long time subscribers and alienate people for this.
50 likesI'm curious how involved this co-owner is when it comes to production of the content. Are we going to end up with something completely different if/when they separate?
8 likesReplies (1)
To my knowledge, they already have separated. He just can't afford to pay him out.
0 likesUnfortunately guys, all good things have to come to an end at one point.
61 likesReplies (2)
https://youtu.be/vC0roEkkKkQ
1 likeFinally its here YES
Bahahah
0 likesAll I can say is a really hope this stumble doesn't kill the channel.
8 likesTL:DR Financial Statements(20&21):
27 likes-~200k profit in 2021
-130k net profit (basically no shareholder profit )
-~450k debt
-few assets except some crypto holdings
-Invested a lot in crypto, and made losses there (probably even more in 22)
-The former co-owner sold his 50% share for 500k so the company was 1M worth 1 year ago not 10M
-Even worse the Company defaulted!!! on paying the loan to the former co-owner that's the whole reason for this selling this Channel now.
Replies (1)
So reading between the lines... someone may have invested a lot in crypto and got burned, now they are desperate and in that desperation are burning the bridge to their only source of revenue... lmao
5 likesWhy not just start a new channel that you'd own 100% of and take your followers?
126 likesIt's your voice and content we like and support. Let the mystery owner take 51% of a dead channel that doesnt upload.
Either he'd have to upload or sell the channel, either way you'd be the silent partner getting paid whilst also getting revenue from your new channel.
Replies (6)
Let's be honest we all enjoyed this video by having this:
2 likeshttps://youtu.be/vC0roEkkKkQ
A prime example of think before you speak, or look before you leap. This is 100% the route he should’ve gone..
36 likesthe stake of the 2nd owner of the channel has already been bought.... he owns the channel but couldnt keep up on his promises to the bank
13 likes@Cinnamon how could he if he gain 50k per month and spent half of it... 8.200$ on "office expenses" wtf is that?
2 likes@Cheese Cake 8.200 for a year, and also 50k for that year, not month. that said, the expenses does look incredibly excessive.
0 likesYeah too late for that. No matter what he does, he will have to pay a 500,000 USD debt. He also already defaulted so he's totally fucked basically.
1 likeAbsolutely devistated. Really dropped the ball.
17 likeswill continue and support the videos, my favourite videos on youtube still, but i just don't think this is a good idea whatsoever
103 likesReplies (5)
https://youtu.be/i4gIqgtBXJU
1 likeFinally its here
Let's be honest we all enjoyed this video by having this:
2 likeshttps://youtu.be/vC0roEkkKkQ
Yo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesAnd neither is buying stocks apparently. If you can't wait 2 or even 10 years, don't buy it.
0 likesI’m not even sure if I will support after this
2 likesim entirely in support of this channel and want to see it succeed, but a youtube channel that can fail tomorrow with a algorithm change isnt a investment its a gamble
5 likesthe prediction that this channel will even be making money in a decade is highly optomistic, maybe even impossible
So the company is valued at 10mil, but apparently a 51% cut is worth 500k while also being the amount of money you expect for a 10% share?
11 likesI have a piece of pocket lint and a turnip. Final offer.
22 likesJokes aside, this is really not a good move in the slightest. I love some of the videos on this channel but this feels super suspicious and I don't see why I, or other people, should have to 'invest' into a channel when really all this seems like is paying off a debt which has nothing to do with any of us the viewers. Please do not continue down this route, I would have more respect for you if you just admit later on this was a bad idea and scrap the idea. We all make mistakes and I don't think it's fair to hold someone under that forever, but for now, I can't in good faith support this.
Even without this being an unsafe operation at best, I don't think having people invest in a channel that is irrevocably linked to an algorithm that can change on a whim is a good idea. I know you called it an investment but with something so volatile and unpredictable, it feels more like gambling rather than a risk; with risk at least there is a chance of a reward based on predictions and information but with gambling, it hinges entirely on luck, and in some cases, shady practices. I'd rather take a risk on something like an actual investment in stock rather than an algorithm controlled by a bot that can screw you over at any time it wants.
I and many others do not feel like the evaluation you have given is remotely appropriate for this. Please reconsider your methods going about this as I think that will truly be better for the channel going forward instead of whatever this farce is. I cannot stress enough how much I love this channel and the content it has produced but it is clear to me that I should no longer support it going forward unless things get addressed more in-depth with figures or evidence to support your justification for such a ludicrous evaluation.
I have seen some comments based on a response from someone called 'Coffeezilla' to your previous video. Still, I am a complete outsider as to whomever they may be, simply just a long-time viewer that is surprised, sceptical and apprehensive of support in the recent developments on this channel. Once again, I urge you to put more insight into how this feels from fans, or rather 'investors' perspective and try to understand why we think this way. I know this comment might have come off as a bit mean-spirited but realise I am saying this due to how strong my love is, or was, for this channel and its content.
I hope you understand and wish you well in the future.
Even a blind person can see that this is a huge scam and probably against YouTube’s TOS
188 likesReplies (7)
https://youtu.be/vC0roEkkKkQ
1 likeFinally its here YES
@beyond your imagination thank you bot!
18 likes@beyond your imagination YES
2 likesi am actually blind, and i agree mostly, i dont think its an intentional scam, just very mislead/ not well thought out decision. They are so many better ways to raise money for projects like this
21 likes@Tren TR pretty intentional actually
8 likes@Hack The Planet maybe I'm just one to be a little more hopeful about ones intentions. Imma wait to see what happens before getting a pitchfork out
0 likes@Tren TR I agree that this is probably just the worst thought out decision in the world. I can’t think he’s just a normal scammer if when everyone was confused who valued it at 10 million, he basically just looked at the camera and went ‘me :)’
2 likesI love the content you guys put on here, I really do. You guys make some of the best documentary videos on this site. But I’d rather you ask us to chip in a few bucks to save the channel than whatever this “investment” is. I’d be much more inclined to donate 10$ rather than invest MINIMUM 100$ that you admit won’t be profitable for years to come.
4 likesYou have to pay off 500k, why not be upfront about it? I get it, no one likes begging for money. It’s awkward and uncomfortable. But I’d rather donate money to someone being honest about why they need it over someone trying to butter me up for an “investment”.
It looks like from the backlash I’m not the only one who feels like this isn’t right. If you’re gonna ask your audience for 500k the least you could do is be upfront and honest about it. We’re not going to fall for some shady BS.
Wow man, you very carefully picked and chose what you were gonna address in this short Q&A. Way to completely gloss over the legitimate concerns people have had on the last video. Its a real shame because this channel is otherwise brilliant and ive really enjoyed the videos and topics you chose but to be completely honest, this aint it.
12 likesHorrible investment. This makes no financial sense. If you were truly worried about the financial implications of your past decisions you should be transparent with your viewers and tell them what happened, how much you need and how they can help. Then they must decide whether to help or not. You instead chose to give out an "investment" opportunity that makes NO SENSE. People will NOT make their money back from this. I'm an Economics grad working in financial services. I'm by no means the best at what I do but I'm definitely more informed than the average consumer. My conclusion is to not invest in this unless you want to donate your money. Such a bummer. This is my favourite channel on YouTube.
12 likesIf anyone is even considering investing look at coffeezilla’s comment on the original video. He explains how shady this really is
210 likesReplies (8)
Does he have a video on the website itself cause I don't see one on this specific situation.......
2 likesLet's be honest we all enjoyed this video by having this:
2 likeshttps://youtu.be/vC0roEkkKkQ
@st2udent _ Not yet. Coffee only commented on the original "I'm selling this channel" video
9 likesTo summarise for the lazy, he mentions that in the financial document the "investment" money is to pay off this guys debt that he owes to a previous partner of Disrupt for a 20% share. Coffeezilla has a similar size youtube channel and the 10 mil valuation is ridiculous.
10 likes@st2udent _ no not yet but hopefully maybe it maybe not
0 likesgot to appreciate how he keeps those comments up. his audience is entirely against him in this one and he just lets it happen. It takes real guts not to hide or disable what’s going on for the sake of their image
3 likesNO
1 like@pesk He doesn't have a choice. If he disable comments, it would get worse.
0 likesOof, been a good run so far, I've enjoyed your docs about interesting stuff. But VR is def not for me. If that's the direction this channel is going, hopefully down the line we'll see some more quality docs from you. I love the ones about the viruses/hackers, absolutely fantastic stories. But the VR stuff man idk, it's quite the gamble to speculate that it's gonna be the future of content, there's a vast majority of people who couldn't care less about it. But there's definitely an audience for it. Also, had no idea this was a brand and company? I always assumed it was a one-man show making some sweet docs, definitely different from the other content creators I follow. Good luck brother, wish you well.
91 likesReplies (15)
I mean, Idk. Seems like the guy has a dream and passion, but I really can't put my faith and money behind his virtual actors in VR. This isn't an animation studio. Had he said they were going full force into documentaries... maybe even joining in on nebula and their creator pool... but this is very risky.
5 likesVR is the future, boomer
2 likeshttps://youtu.be/vC0roEkkKkQ
3 likesFinally its here YES
Yo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likes@Filip B. Yeah idk, I was just into it as a YouTube channel. Anything off this platform like that is beyond me as an audience member, I'm not on anything else besides this. But there's definitely an audience for it! And yeah the VR stuff just seems goofy
1 like@James Baxter oh yeah? I'm sure it is, especially considering all the great content for it right now lmao you're right it's really going in the right direction
2 likesVR is fine, but Disrupt hasn't innovated anything in VR. There is a few videos Jak did that are in VR but that's about it.
4 likes@James Baxter VR is very cool and might only get cooler in the future... not with meta though, and not with anything ive seen Disrupt make. In fact, I think meta aquiring oculus made the chances worse for good comercially viable VR.
3 likes@GR4V17Y Hence 'the future' boomer 🤣
1 like@James Baxter mhmm, keep smoking that copium, I know it's rough since you spent money on your special goggles, hoping one day there will actually something worth using them for besides chatting to anime avatars and playing sub-par 3rd party games and ports. Maybe one day there will be something, you're right
3 likes@James Baxter that’s why mobile VR can’t handle games made in 2015?
3 likesI do link VR
1 like@James Baxter you didn't have to say "boomer" insulting someone that doesn't agree with you is infantile.
4 likes@Artorias Of The Abyss @GR4V17Y it is in the early stages. You need money to invest on it. many are doing it right now. disrupt wants to be one of the many that are paving the road. there is no manual for it. we are seeing and experiencing the first stages of VR. is not going away! it IS a good goal for disrupt. you can see docus in VR too. it is not one or the other. but this "investment" sounds shady.
1 like@Filip B. I don't particularly like meta, but it IS the one that is making a difference selling millions of oculus quest 2 to many that can't afford valve index or htc vive. many now can access to VR, and that's why is becoming popular. It was a niche thing with those expensive headsets, but not anymore!
1 likeThis is the most complex way of asking for donations I ever heard lmao
44 likesTbh the entire problem comes from the price bro you know it, I know it, everyone knows this.
71 likesIf you did a normal fundraiser just for yourself for maybe a quarter mil, you would of got it without a single question.
Replies (4)
https://youtu.be/vC0roEkkKkQ
2 likesFinally its here YES
Yo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesYeah clearly the valuation was $1mil when the other dude was bought out for 50%, now $500k gets you either 5% or 10% (I wasn't clear on that) not the 50% the other guy is owed.
3 likesAbsolutely agree 👏🏼
0 likesThis dude is living in his own reality....
104 likesReplies (7)
Hes made multiple videos just living in darkness with no technology so he’s used to being the odd one out
18 likeshttps://youtu.be/i4gIqgtBXJU
0 likesFinally its here
My sellout comment kept getting deleted lol
10 likesLet's be honest we all enjoyed this video by having this:
1 likehttps://youtu.be/vC0roEkkKkQ
@PTR Crispy 😂😂😂
0 likesI can't believe he doesn't even delete the bot comments. Almost every big channel does this automatically, but Disrupt apparently couldn't be bothered.
12 likes@Legatron17 Exactly, and I?m like fool reporting one after the other....
1 likein other words hes asking you for a finacial investment/loan to further is channel which is controlled by an algorythm which isn't in his control. So with such uncertancy i would not trust the investment
79 likesReplies (6)
Is that not what he said in the video?
1 likehttps://youtu.be/vC0roEkkKkQ
3 likesFinally its here YES
I don’t trust the investment either but your point is kinda invalid. The investment is for disrupt + and any future platforms they may be on, not YouTube
0 likes@jacop969 this VR metaverse thing he's pursuing isn't going anywhere, look how quick NFT's came and went.
0 likes@C21H30-O2 I never said anything about the “vr metaverse” lol my point is that the investment (which I don’t trust much either) isn’t based off YouTube
0 likes@jacop969 yea but the main point of the original comment is, none of these things are in his control, YouTube or disrupt+. he's told us about his 'VR vision' for it
1 likeI always wondered how you were able to push out such high quality, animated story driven videos at such frequent rates. But now I'm realizing you weren't able to do it after all and now the money is biting you in the back. You should have taken much different approaches to funding your "company" and content years ago before actually trying to pull your viewers into your own mess.
11 likesReplies (2)
too much animation, less content. maybe that's why the co owner left the building....
3 likesIt’s 100% mind blowing the quality of his content. This just explains that he’s human. And he’s the real deal. How else put out so much this good? It’s on par with Netflix a lot. He lost it a bit in these last couple videos, sure. But who wouldn’t have? Maybe I’m giving him the benefit of the doubt too much and I gave a buddy of mine 1k for a short film and don’t expect anything back and our relationship is strange… he also has this “your a producer” feel thing like the disrupt website. He’s talented but yeah @jordan the more I think about it I think you’re right.
0 likesSeeing the downfall of a channel in real time is a new experience for me.
18 likesReplies (2)
Me too, truly disappointing. I'm no Nostradamus but i'm sure that SunnyV2 would cover this channel soon.
11 likes@fasha77 And coffee
2 likesI think the valuation is wrong. I think you're looking at the "company" value as it;s potential to grow on x trajectory. But valuation is based off current performance/worth of the company, and 100x your revenue is not realistic my any metric. Understand this idea came about as a crowdfunded way to buy the previous partner out, and that's fine, but that means you're overvaluing the company/shares so that you dont sell 51% to the public. youve done the maths badly (in a way that you want it to work for you at least)
21 likesReplies (3)
More to the point, youtub pays roughly $3 per 1000 views, by your 2.2mil+ view estimate you're making 6,600 p/month or 79,000 p/year. Your revenue (not even considering costs/outgoings) is 0.7% of your company valuation. That's absolutely mental
7 likesAnd what happens if the channel gets taken down or demonetized? Will you pay investors out? Don't think so.
6 likesJust did the math on the John Doe example of owning 1% of the company for 25,000 shares. If the company makes $100,000 profit, $20,000 goes to investors and 10% of that goes to john for owning 10%. That means John Doe will receive a total of!!!!! $200. And ALL HE HAS TO DO, is invest $108,695.65 to do so! Anyone buying small amounts of shares will be making pennies. Disrupt would need to become Lionsgate in order to make these investments worthwhile. This is a scam, don't waste your money
@Tyler Walmsley If I recall from the documents on the site, he only makes around 100k a year. I cant even wrap my head around how he came up with 10 million in value...
0 likesThis feels like a risk, a big one, I can't invest but if this is legitimate
2 likesBest of luck
If not
This is the end of the road for this channel, at least for me.
Man, I come back to this channel after a few months because it's easily one of the most creative and fascinatingly brilliant channels on YouTube, and this is what I see. Disrupt fell off, hard, and quickly.
11 likesSo your valuation is based on what you believe the market will be worth in the future, but not on the current estimated value of the company at present?
12 likes"Our valuation is based off my individual subjective estimate of our future value decades down the road, not backed by any third party."
191 likesReplies (7)
Let's be honest we all enjoyed this video by having this:
4 likeshttps://youtu.be/vC0roEkkKkQ
Yo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likesSo we just made it up
19 likes@R 2 H why the hell are you bot spamming an investment video everyone dislikes
8 likesi’m going to sit down tonight and start mass downloading & archiving the channel. it will not survive i don’t think
22 likesAka "I did the math bro trust me it's legit"
4 likes@eCodex 2.0 doing us all a solid, man
7 likesStuff like this is why I want the like to dislike ratio back
44 likesReplies (6)
It has 21 dislikes rn
4 likesEdit 413 now
Edit 2: 1.4k likes against 1.6 dislikes
Get the "Return YouTube Dislike" extension if you're using Chrome, probably exist with other browser as well.
4 likes567 likes
1 like393 dislikes
1592 likes, 1900 dislikes
1 like@Thison let's make it that discount counter comment lol
0 likesThe ratio is pretty bad now. It has more dislikes.
3 likesSo you’re basically asking us to pay off your debt in the guise of owning a portion of the company? I love your YouTube videos but that’s scammy and fishy af.
31 likesReplies (1)
https://youtu.be/vC0roEkkKkQ
1 likeFinally its here YES
Bro, this is not an investment, it's a donation, and it would've been fine to be just that if you didn't try to play it up as anything else. People would've prefered to patron you for something like early access to new videos rather than being dressed up as "investors" and receive some equity that is unlikely to pay off at all.
7 likesLove the channel, but 10 million evaluation is absolutely ridiculous. Go to any professional and I would be shocked if they even valued the channel at 5 million dollars let alone 10million dollars
6 likesI REALLY want this channel to grow because I love the content and how they do it, but I agree with others, this isn't the way.
1 likeI'm sorry to burst your bubble, but that whole 'Metaverse' thing is never going anywhere. There's a reason it's getting meme'd on immensely ever since Zuckerberg announced it. I mean, it's going to be a thing, obviously, but people like him wants to make others addicted to it (like Facebook). Not even the babies that are born today will fall for it, the generations after probably will (they will grow up with it, it'll be the most normal thing for them), but everyone alive today simply won't. So, your whole "10-15 years" plan is absolutely not realistic. If you want a realistic span of years? Think 40-50 years, and I highly doubt many of your team is even going to be alive by then, let alone the Disrupt trademark.
39 likesI wish you the best, but I think this might very well be the end.
Replies (1)
don't agree
1 likeI won't unsubscribe yet, I'd wait to see the aftermath of all this.
17 likesThis guy has serious Austin Mcbroom mixed with Andrew tate vibes
214 likesHe’s living in his own world but needs our 3.5 mil to do it
Replies (20)
https://youtu.be/i4gIqgtBXJU
1 likeFinally its here
At least Andrew Tate is funny.
12 likes😂
0 likes@Fidelio The hell he isn't
43 likesThen why do u watch his channel
1 like@neverunderstandx He is. You just have zero sense of humour.
9 likesLet's be honest we all enjoyed this video by having this:
2 likeshttps://youtu.be/vC0roEkkKkQ
@Fidelio And you must be a v1rgin, hard times bro 💔
20 likes@neverunderstandx that's exactly the insult Tate would use, hypocrite. L
9 likes@lala alal It's called using the enemy's words as your own — u slow or somethin?
12 likes@lala alal what? That makes no sense, that’s like saying, “You breathe air, Andrew Tate also breathes air so you’re a hypocrite”
13 likes@lala alal Exactly. 😂
2 likes@Fidelio They're really rubbing their 2 remaining braincells just to be exactly like Tate lmao. I don't even like the guy but Jesus, that was funny 💀💀
1 likeYo 🔥https://youtu.be/rdJ9bsN7JAw .
0 likes@lala alal I don’t like him either, I just think he’s master troll and a genius marketer and the suckers are falling for it, so fair play to him. Disrupt doesn’t even have the ability to scam like Tate. Spent too long in VR with anime girls.
1 like@neverunderstandx we get it, you're not a Dave Chappelle fan. Why do virgins always talk the loudest....
0 likes@Fidelio I hear you 😂 the guy is everywhere, companies should take notes
0 likes@Fidelio Bruh he's still a scammer, a troll could be funny but the dude is literally under investigation for trafficking
4 likes@Fidelio because state isn’t trying to be funny. You said it yourself, he’s running a marketing scheme that gives young boys horrible opinions that will end up making them virgins for the rest of their lives. I think all of his wacky opinions are an act, which makes them a lot more dangerous.
0 likes@izzzy This comment makes zero sense.
1 likeyou know it's going good when a youtuber is selling "stock" in their channel...
9 likesReplies (2)
yeah... lol
0 likesOr starts a crypto scam
0 likesYou're going down a path that could end up destroying your channel. Everything your doing sounds like a scam and the only reason people aren't already mass unsubscribing is because you seem to genuinely believe it isn't. It's also testament to the quality of your videos as people are willing to hear you out first. The goodwill and patience of your audience will eventually dry up and when it does it will likely be very sudden and devastating.
2 likesHonestly, making a very generous 10mil self-evaluation on the hopes that VR will "save the day", a technology that has failed to launch into the mainstream for the past 30 years as anything more than a novelty, just seems nuts and reeks of someone who isn't being honest about the predicament they've found themselves in. This talk of Disrupt being a brand seems rather absurd when the reality on the ground is that its a medium-sized channel that covers niche topics, granted the videos are of high quality. The move should have been earnest about the bad business and financial decisions behind the scenes instead of trying to cloak a solicitation for donations as an "investment".
2 likesReplies (1)
VR is actually growing (NOT the metaverse shit, thats stupid) thanks to the cheap ass Quest 2, but yeah its still not mainstream quite yet. Also they havent even made a VR video in literally over a year... I have no idea why he is even mentioning VR when he hasnt done shit for it in a while. He's really pulling out all the stops in trying to scam everyone.
0 likesAnd Jak has already raised 175k, I just hope people actually do their research before jumping in. If you were candid and open about it, I'm sure we'd be more willing to help. This ain't it though. Love the content, but not dishonesty. Especially after all the crypto scams, and rug pulls.. it's just not a good look at all.
7 likesI watched the first video 4 minutes after it came out. Took a peek at the financials. Saw the 466k promissory note on the documents and the statement that the investor funds would be used to cover that first. Noped right out. This was structured incorrectly, and I mean that in the nicest way possible. I believe it is unwise to pitch to investors that Disrupt can expand in scope and performance to net a return on investment when in reality, half a million of investor funds will be used to cover the cost of a buyout before that funding can be utilized to expand content and generate a return. You should have disclosed that when you talked about what the funds would be used for.
4 likesYou're not a shady corporation, don't make me dig to find that information. Though I understand doing due diligence is what should be done while investing, you must understand that you are shoulder tapping a youtube demographic for investor funding that is made of people who are interested in the weird and wacky facets of life, not 401Ks and financial literacy. Simply put, your audiance should have been offered more transparency so they better understand your situation, and therefore, the decision they are making when it comes to buying shares.
Also. Hire a third party for a valuation. I cannot believe you self-evaluated and then championed the figure you reached.
Crowdfund first to balance your books and get the company healthy, then offer the ability to buy shares. Or, simply paint us the full picture from the jump. Don't sugarcoat people's money.
I wish you the best, but for those reasons, I'm out.
I would say just start with a patreon, and if things go well and everyone is happy THEN move to selling the company
1 likePeople seem confused between investing and donation, both are VERY different.
2 likes1. Investing = the idea that someone will put their own money into an assumed asset that will deliver a profit above the original amount ie put in 100 dollar, receive 120, would be called a 20% return, , in a reasonable time frame, for which the amount is deemed "useful"
DONATION - person gives away their money, NOT expecting a return (a 0% return) on investment.
Problem = when you mask a Donation as an investment, you con people into giving you money under a different pretext than the one falsely advertised ie one cannot invest in someone else's debt, that is a donation, and not an investment.
Better option- Start a new company, bankrupt the current one. Shift Disrupt to a new brand with similar content and shaft the debt holder instead of your viewers (investors).
8 likesSeems like WeFunder only works for those seeking investment. I have yet to see a successful investor story from that platform.
Replies (2)
Let's be honest we all enjoyed this video by having this:
1 likehttps://youtu.be/vC0roEkkKkQ
What a terrible idea
0 likesIt's a dog eat dog world. Where one Disrupt channel fails, another will take it's place. Your videos are entertaining, but I can't see people willing to foot the bill when there are thousands upon thousands of creators out there, some yet to make a name for themselves. I think for the majority, what draws us to YT is it's a free platform for entertainment and educational purposes. Obviously the videos take time (money) and passion to create, but at the end of the day the creators choose and take it upon themselves to produce/release this content. It used to be purely a passion project for people - now it's a full time job. Again, enjoy the content and videos, but they're not a necessity for myself and many others like me. Simply a way to pass time. On that note it's super unhealthy how much time we spend on sites like this, scrolling through content - most of it unnecessary. I'm one of those offenders sure, but even I can see that it would take a real fool to invest even more than spare time to this. Now we should give up our hard earned money and "invest" with no expectations of a return? Just because the author(s) CHOSE to go way over-budget and beyond their means to create said content and put themselves in debt. The proof is in the pudding... you're in crippling debt! But you serve it to your viewers a worthwhile long term investment. I don't get it. This just screams SCAM!
2 likesStart a patreon, people will respect the honesty and you may be able to actually make more than you would if you continue down this route.
1 likeThis channel was just really entertaining and quality videos to clickbait trash in a hurry.
4 likesI have a genuine question that i hope you answer, no hate.
2 likesWhat does Jordan think about this videos attention/negative feedback? Is he more worried that if his portion of disrupt is being tainted from the negative feedback you're getting with this?
Glad that something is said, but I still believe entirely that a $10m valuation is entirely speculative and should not be taken with more than a grain of salt
1 likeI really love your content and been watching your channel for years now, but I think you've made the wrong decision here, not to mention that this is extremely shady. You could've just made a Patreon and avoided all this mess. This is just like what Yes Theory did when trying NFTs
2 likesi genuinely think that there are more transparent and less risky ways to pay off this debt with the audience you have. try streaming! we would definitely watch— we’d sub and support those streams financially. another idea: sell merch. you have fantastic design sense, i’m sure you’d come up with something dope. i’d definitely buy something. another idea is getting some bigger sponsors or even approaching netflix/adult swim/etc streaming company to invest in a disrupt TV show. you’re the best editor on youtube and have quite the portfolio to show them.
1 likewe love your channel distrupt, but assuming this much financial responsibility to your viewers while still dodging our key concerns seems a bit scummy. i’m sorry this is happening, i hope you rethink this venture.
Internal evaluation of a company is just one way of saying "i want more money than this whole operation is worth and don't want to prove that value to the proper authorities"
1 likeSaying you are with 10 mil only because you are a YouTube channel and plan to make VR stuff is saying that any YouTube with a million or about subs could just pull a 5 million dollar evaluation out of their ass because they work for YouTube.
Just because you work on YouTube does not give you the value YouTube has as a company. Same as video game developers cant say they are millionaire because they work for big game studio that makes millions of dollars.
i believe a patreon would’ve been a better solution than this. not many people are supportive of such funding. especially with the vr content not being highly sought after.
2 likesI really dont want to see this channel die so please just call this what it is: you are looking for donations. There wont be a return in any forseeable future and thats okay but Im not willing to "invest" that much money especially in a time like this. Though I would be willing to donate a far smaller amount as would many others. Dont take this as ill intent but take a step back before you end up pushing something you will regret.
1 likeI honestly never heard of people investing on a YouTube channel. Look, i'm no investment expert but i honestly think this is a bad investment. For Distrup, i hope you can somehow get out from this situation and find a better way. I love your videos but this is not a good path to continue.
5 likesYou proposed this as an "investment" rather than paying off a debt. If someone "invests" in your debt, you just pass the parcel of debt. No one is going to make money on your debt when it's 470,000 - 500k deep. I think any potential investors would demand to know when they are expected to break even and profit upfront, for the amount you are asking, then you claim you can't give those predictions by law.. What law? You sound evasive.. Just be honest, you want viewers to pay off your debt, it would sound more straight forward or put up more collateral% because not many people have 4,5, 6 figure sums for you, Dragons Den is much more lenient than you. I think you need to extend shares to 30, 40% among buyers, not 10%....
12 likeshe’s just trying to get his viewers to pay $500,000 to his partner so he can have 90% control, while (if funded) proving that the 10% he tricked his viewers into buying shows the value of his channel. This is just him trying to turn his technically $1,000,000 (since 50% was $500,00 for his partner) into a $10,000,000 value.
2 likesIf he’s shady about it now, he definitely won’t be sharing those new profits to his 10% when he controls 90%
we're just not going to fall for this one. Patreon exists, and don't see us as dumb fools
1 likeAm I the only one that found the explanation behind the 10 million dollar valuation bullshit? Please correct me if I'm wrong, but wasn't it just that they expect Disrupt to have an influence on VR in the future?
5 likesShouldn't your valuation be based on your channel's performance, not Youtube's or the upcoming VR?
1 likeSo many people would have supported this if you didn’t try to label it as an investment.
3 likesSelf evaluation based on your reasoning would never hold up on Shark Tank. They'd stop you there and have you re-evaluate your numbers. 10 million is an extremely high evaluation for a company in debt almost half a mil with barely any potential for investors as it currently stands. "I feel" and "I think" it's going to grow is not the same as a proven track record of growth that is likely to continue.
2 likesHow nice of you to advertise this "investment" in the first video with a unspecified dividend, but corrected yourself here in a sidenote, that there wont be any dividend (for years).
3 likesYou really can't just assign your own made up value to the company just to make yourself look more attractive to potential investors.
2 likesDodging the real concerns and only answering the ones that you can somewhat justify is making this smell more and more like a scam.
Thank God I'm not the only one that found it weird someone's trying to sell their channel
1 likeThis is still the worst trade deal in the history of trade deals
5 likesBased on my generous calculations using public figures, and YT averages, this channel has made $450k over its lifetime. But you say its worth $10m? Based on far future hopes? Thats a big joke to anyone who has any experience in actual investing.
4 likesAnd to add insult to injury you're selling us 20% of a channel to pay off 50%.
I'm honestly curious what SEC has to say on this.
I really enjoy your documentary-style videos about mysteries and the like, but I don't really like the idea of investing in a youtube channel that is trying paying off a debt just so that you can make VR and shows; that's just not for me. I feel like you could pay off this debt more easily by making a patreon and giving the fans more of what they want.
2 likesNone of us want to pay off your debt for you. It’s not normal for a YouTuber to ask his fans / viewers to do this. A percentage of your viewers already pay for your subscription service, what more can you expect us to do other than that? Nobody wants to take a risk for your channel because you put yourself into debt. It seems like you’re either fully expecting this to work and all the problems are gonna go away, or you’re trying to pull us all down with you to cushion your fall
7 likesReplies (2)
If it was a crowd fund that would be fair enough.
0 likesNot even true, I'm sure a huge amount of people would help pay off his debt, just not if he pretends it's an investment instead of charity.
0 likesThis is a clear scam, please don’t give your hard earned money to this. Channel owner got in over his head and now needs your money, never invest in a YouTube channel. Unsubbed
6 likesIf the channel isn't financially viable to continue, I'd honestly just recommend quitting while you're ahead. It's not worth it to ruin your good will and all the great work you've done so far to go down some sketchy path in desperation. I get that money is tough and there might be things yet explored, but I don't think this is the way to do all this.
1 likeHonestly, I'd have been more tempted to give you money if you'd just asked for donations to buy out your old business partner. At least that would have been honest. Even if you're 100% doing this investment thing in good faith, it still feels extremely sketchy.
1 likeAnother Issue with something like this is that the last two videoos already lowerd the value that you had originally set. There is no way I would invest in something that is valued at including a loyal trusting fanbase and now is in such an odd position. An investment should have a ways to value those things in
3 likesThis seems really risky and I can see some issues with this.
1 likeGreat channel amazing videos. Love your content so much but this is a terrible idea
5 likesI will say that Disrupt has value, like in the future I could see Disrupt being a TV show on a streaming service because it's so high quality, but ehhhh, I'm not sure about this still, be careful anyone considering
0 likesI'm no economics major but isn't a company's valuation typically its current estimated economic value? To me it sounds like you're pulling this gigantic valuation from future prospects and potential growth that has not been achieved yet.
1 likeAnd this just scrapes the surface of things that sound bizarrely sketchy and weird about this whole thing. I'm trying to imagine a single successful investor who would see this idea and say with confidence "yes that is a sound and worthwhile investment," and none come to mind.
I love this channel more than probably any other channel on youtube presently, but I am GIGANTICALLY disappointed by this ask. Personally, it lowers your credibility and makes me feel less inclined to support and consume the content you create, which sucks because I do love it.
This could have been so easily avoided with a GoFundMe or a Patreon or literally any other alternative route of fundraising that doesn't attempt to distort your need of funds as some sort of shady investment opportunity with numbers that are not adding up to me, and from the looks of it, many others.
I really hope you'll listen to some of these criticisms and reconsider the ways in which you're asking your community to support your channel. I'm sure many would love to support when the opportunity is presented with clarity, transparency, and viability.
But this? This just isn't it.
This video should have been a recant of the last video and an honest conversation about how you got into a bad position and how need help to continue your channel. Instead, you doubled-down on, what completely appears to be, a desperate attempt to take advantage of your most dedicated subscribers. It's sad to watch this. We were all huge fans. Read the room. After the first video, people were admonishing this action, but were kindly saying that they were still willing to keep watching and supporting the channel. I was with them, tentatively, until this doubling-down, follow-up vid. Sorry, man. I just won't be able to take anything you do seriously, anymore. Guess I'll see you in future CoffeeZilla and BarelySociable investigation vids.
16 likesReplies (1)
SunnyV2
1 likeLove the channel but the idea of crowd funding is to risky.
2 likesThe lack of guaranteed dividends or a pay out schedule means this is charity, not an investment. That is also ignoring the logic of valuation and the glaring discrepancy between that figure and the payout necessary for the current partner…
1 likeThe FIRST THING you say in this video makes it seem like you HAVEN'T bought out this unnamed "prior member" yet, making him sound like a CURRENT owner. Which is it?
29 likesReplies (1)
https://youtu.be/vC0roEkkKkQ
1 likeFinally its here YES
everyone is saying the same thing, good luck dude you’ll need it
2 likesThis man really thinks he can just decide how much his company is worth with no financial modeling and expect people to buy into it
2 likesDid he actually say you might not see a ROI for decades?!
8 likesIdk man I feel like this isn't safe or too risky
4 likesIf we are paying off your debt for $500k of the other owners 50% equity, we should be getting 50% equity. The company cannot pay that off, so why look for investors to pay it off and give them less equity. It’s a ridiculous offer.
2 likesI was one of the victims of faze kay scam (save the kids) and ik by the sound of this shady, like I lost half of my saving from that and my parents scolded me for it, for anyone who's gonna invest, THINK TWICE.
2 likesA lot of speculation for a channel on a platform you don't own. While you have other avenues of sharing your media, it all hinges on this channel and the possibility that the YouTube algorithm will never change.
5 likesYou cannot price a company NOW at $10m when it has $500k debt and does not project $10m value until 10+ years in the future. It may have a $10m value in 10 years, nobody will know, but your current offer is a scam. You actually value your company at $1m right now because your 50% share partner wants $500k. You are diluting your viewers more than what you believe your company is currently worth.
9 likesIt's not even worth $1m now honestly, you have $27k net profit 2020, and $137k net profit 2021.
I'm gonna pretend this never happened and continue to enjoy your videos because this was insulting to anyone who knows about investing.
Really hope you find a way to pay off your debt without going through with this. Love the videos and hope this doesn’t affect the future of the channel
2 likesI feel like we're not helping you expend the company how you see fit, we are helping you first to pay off the debt then maybe, if the debt is fully payed we will be able to help you for what you vision for your company.
0 likesAlso you said (on the website I believe) that it is unlikely that the investent will retern anything but a few pennies for a few years, which is fine but will the company survive the debt to bear return ?
Is the YouTube advertising revenue the income of disrupt?
3 likesIf so this is no foundation to ask for investments
For all the Dragons' Den fans out there it's the classic.
0 likesDragons: Why have you given a completely insane valuation?
Disrupt: Because I believe in the future this channel will be valued at 10 mil
Dragons: I am investing today, so what about todays value?
Disrupt: ....
You better be coming at this with good intentions, because even though that will not save you alone and the damage has been done
3 likesYou'll at least have not meant to look this bad.
Regardless, shitty idea to pay off debt. I'm afraid of handling money but I know a scam when I see one.
You've lost my support. Goodbye.
Replies (1)
Anyway I'll be staring at the socialblade
1 likei can't wait for the bonfire-commentary on this, when it blows up, I might even chip in, i have videos from months ago, but this is hot topic stuff lol
3 likesmakes me really sad, i love this guys videos, but this "investment" is not the move
6 likesYou have spent years making your fans smarter, and dodge the questions you know they are smart enough to ask. I sincerely hope your channel will not be like one of the stories you cover.
4 likesThis doesn't feel like a good idea. Still hoping it's a lapse in judgement and he's going to backtrack and do a patreon or something. This seems like one of those ideas you bounce around for a minute but never follow through due to it not being a good idea.
3 likesI would rather see you do literally anything else my man!!💯 10 million!? let's just be honest....no YouTube channel with just 1 million subs is worth all that!!💯 "we agree,too disagree"
3 likesIt's not an Investment it's more of a Donation.
4 likesRemember how we all said it’s amazing how high quality the videos on Disrupt are? Yea I think we know why now lol
10 likesReplies (1)
In what way?
0 likes500k$ seems like a bullshit price to discourage buying. It's a polite 'fuck off, not for sale'. But he bought it. Is 50% revenue from the channel worth it? Fuck no. But if those 50% would be spread around the actual buyers, that would be at least fair. Right now they're paying for 50% but getting 10%? And even if I wanted to invest, where are the guarantees that this random guy would actually continue to create videos?
4 likesSounds to me like that valuation is about to drop immensely with the amount of dodging, and obfuscation you're doing in this video alone.
4 likesSometimes I really can't believe this is what capitalism leads people to doing.
6 likesI went from respecting you to losing all sense of respect. You made good documentaries to scamming people of their money.
0 likespatreon, it looks like you dont even have a join button for membership so that's leaving money on the table, a go fund me, merch, ko fi, cameo
3 likestheres so many other options to help pay for things, and people appreciate honestly, just be like hey I messed up, I was panicking about the huge debt I got myself into, and I just want to be able to continue making videos and thought this would be the best way to go about working through this problem, but after seeing the feedback I realize that this isnt the direction I should have taken, and then implement normal things to help you financially that people would actually want to contribute to, rather than whatever the hell this is
you should keep it or sell 49%
1 likeso you get full control
Why couldn't you just setup a patreon like most other YouTube channels?
10 likesHello, i've been following for quite afar your videos, and I totaly disagree with your idea. I don't know what you are planning over this campaign, but this sounds really scammy IMO.
1 likeIf you see this, please ask yourself why they are so many dislikes on your videos. As @fnm04 suggested, you should go to patreon or another platform to get funds.
Please take notes on your youtube comments and please stop ignoring them, all you will have at the end is more money loss than you'll win.
I was so excited after seeing the video thinking that 500k was going towards the future of disrupt. But after hearing that you're already in debt of 500k to the co-founder, this is ridiculous and misleading as shit. You've completely avoided mentioning that fact and I really hope you dont meet your goal as you've already doomed it with the buyout that you couldnt afford. You've made some terrible decisions and your fans and not supposed to be hear to solve those for you.
3 likesThe way I see this is.. there is no investment. All is based on hopes and dreams of the far far future, with the current objective being: pay off debt to the previous partner. And then you maybe hope to someday get a return on the money people gave you. If you wanted to crowdfund keeping this channel afloat... just say it upfront. Don't bullshit people into thinking this is a sane investment.
0 likesThere's only so many internet stories you can tell, just having cool 3d effects on your youtube channel doesn't make it valued at 10m or a worthy investment. You aren't really creating any product besides disrupt+, which has a very small userbase and which we don't even get a return on profit from. I love this channel, but asking people to invest in it is quite shady. Set up a patreon or kickstarter or something
2 likesReplies (1)
the team pours their heart out on the content. but yeah 10m? thats a lot for a 1.5m sub channel, i don't think 5m+ subs ppl make that much
4 likesWhat stops owners to say "we FEEL like we are valued at gazillion dollars". Valuation audits are done by auditors, third-party that has no conflict of interest unlike owners or potential owners. This is crowdfunding to buyout half of the channel. Why don't you just go to bank and get a loan if this thing is such a no-brainer and business will be going just fine?
5 likesWell...this going to make the tech news. Buckle your seatbelt.
5 likesThanks for clearing the air on some things. I'm still of the opinion this investment debt pay-down is probably not going to be a good return, especially when a lot of assumptions about VR are being made while it remains high cost and out of the reach of many. Your also making a lot of assumptions of YouTube revenue which is pretty pathetic compared to other platforms.
2 likesAgain, I think you should consider moving Disrupt+ under Nebula or another premium content provider because creators there are getting paid well. You are certainly established enough to negotiate for an advance there as well.
I don't know what the future of Disrupt holds but I hope you can remain committed to creating high quality content in some form.
I love Disrupt and the videos but this is shady as
56 likesReplies (2)
https://youtu.be/i4gIqgtBXJU
1 likeFinally its here
Let's be honest we all enjoyed this video by having this:
1 likehttps://youtu.be/vC0roEkkKkQ
Dont invest in this guys... way too shady
121 likesReplies (15)
whats shady about it
2 likeswhats shady about it ?
1 likehttps://youtu.be/i4gIqgtBXJU
1 likeFinally its here
@Alaz he is $500k in debt... there are so much better ways to pay this back but he decides to do this
24 likesyou didint even see the video
1 like@TIM! and what are the better ways ?
1 like@sphixy okay cool then give him $100
0 likesYeah im a bit iffy on this thing, I seem too many cryptos/not scams and this seems like ehh I don't know, im a bit skeptical ngl
1 like@sphixy uhh in the beginning?? watching a video and not listening
1 like@NeonTiki i never Said i will give him money i just wanted to know
0 likes@sphixy 0:28
1 like@Matter oh ok thanks
0 likes@sphixy literally within the first 25 seconds of the video
1 likeHow
0 likes@DYSPHORIA yeah i didint listen im just dumb
0 likesJust create a new channel I'm sure people will flock to it once they know you have moved
2 likesThis is really shady, I would advise talking to a professional before you invest in this business as this is pretty sketchy.
7 likesI'm sorry to break it down this way but you've completely lost your mind, dude. This is the shadiest business I've seen in a while. Why all the fuss about "investing" if potential investors won't even make a cent in the upcoming years? You should've been more honest, direct and open on this matter
5 likesYou should have just asked for a donation instead of creating this risky business model of "owning a piece of Disrupt".
2 likeslooks like the security camera from mcdonalds has picked up some interesting footage
25 likesReplies (2)
https://youtu.be/i4gIqgtBXJU
1 likeFinally its here
@L E S D A 💥 What type of bot is this dafuq
1 likeSucks to hear. Not giving any money though.
5 likeslooks like Jack needs to steal some credit cards on his own (LOUD SNIGGERING)
2 likesThis guy starting a gofundme would've made more sense than this.
6 likesI'm not Canadian, but for those who are, would it be possible to invest via crypto to get around this issue?
0 likesYou say that you’ll give a percentage of the profits of your YouTube to the investors. You need to define what your costs are. If this channel makes in a year 1,000,000, who’s to stop you saying the costs were 999,999. Giving a net profit of 1 dollar. Seems fishy. Also, investing in a sinking ship, 400k in debt, no thanks. Should have angled this differently and tried promoting patreon or something
3 likesI’m very new to this channel, and I quite enjoy the content.
2 likesAs for this venture, I’ve gotta side with the general consensus. This ain’t it chief.
P A T R E O N
I really want to invest, but like a lot of comments are saying, it seems shady; I understand and would be willing to pay $100 in investing to the company, but there’s a lot that doesn’t add up
2 likesReplies (1)
He's basically asking us to pay off his debt in the guise of investing into the channel. Save your money.
0 likesI don’t believe in the investment either but I would love to see this thing go to the moon just to see all you armchair investors don’t know anything
2 likesBro delete this right now, you're boned.
4 likesYour going to kill this channel.
Start being honest with us and for gods sake don't EVER self evaluate your company. Get a third party.
Incoming apology video
That was a very quick (within the day) upload to double down and regurgitate what the comments already discerned on their own from the funding page, very nice Jak.
2 likesWe don't truly know what's going on behind the scenes, but this seems a bit far fetched. I'd rather donate to a Patreon than invest hundreds of dollars in a YouTube channel.
0 likesfore those who can't see dislikes, 2k likes to 2.9k dislikes so far.
6 likesI can't believe that this Q&A video is even worse than the announcement video
2 likesThis is like watching the last videos of a survivor in some sort of apocalypse movie
3 likesAll the love i have for youtube is because of disrupt.
0 likesI am just waiting for him to run with all the money at this point lmao
1 likeyou dont know these people, or owe them anything! do not give money to a content creator
1 likeDude.. for real, just delete the whole thing and make another video being honest about the amount you need and why.
0 likesI love your channel, but clearly this is not the right approach for most of your fan base and they are telling it to you in plain english.
Most people are fine with the idea of donations if thats what it takes to keep disrupt afloat, picturing it as an investment is just a bad idea in every possible sense.
Why set a minimum at $100? For many people that love channel and want to support it, that’s way too much to ask. Also, asking for that much upfront is off-putting and could drive away people who would have been willing to donate that much anyway.
0 likesUnfortunately I'm not in a position to take a share, but I urge you to create a patreon or something because I, and many others , could afford that and want to help you succeed and keep creating
2 likesStart a Patreon. Why are you doing this? It's a scam, clearly, and illegal to boot. I'm very disappointed.
6 likesI'm onto you. This is just an experiment and front for a video study on crowd funding vulnerability-- I see what you're doing.
0 likesReplies (1)
Damn bro, pass me some of that copium T_T
1 likeWe all need it at the moment
For everyone who can't see dislikes:
14 likes1.9k likes.
3.1k dislikes.
(gonna update this once every few hours)
Replies (1)
Good jov
0 likesSo the truth comes out. You just want investments so you can keep creative control. If you want to be transparent you should probably go into what caused the breakup. Disrupt offers unique and original content but this particular market is going to heat up with the exponential growth of content creators.
0 likesAlso, you say that you made your evaluation based off the two industries that you have a foot in, being Youtube and VR. Distrupt has a subscription platform of it's own which, as far as I'm aware, is not even a part of this Youtube ecosystem that you speak of. Then for VR you justify your evaluation because "you think" VR will be as common as a smartphone in the next 10-15 years, and provide no reasoning as to how you made that prediction. With that in mind, you also say that the investment would be used towards creating "virtual reality experiences" over the next 5-7 and to "build that secondary division of value in the company alongside the video division of disrupt" .
You're just saying a lot of words with a whole lot of nothing here.
The more and more I think about this the more messed up it is.
The valuation makes no sense based on your current growth rate. Mid last year it was worth apparently $1M and now in a year you have x10 valuation. The YouTube statistics didn't change. The current growth rate in social blade indicate you will duplicate your total views and subscribers by 2026.
2 likesThe only way to save this thing is by having the algorithm recommend you like crazy and increase the upload rate for which you are not allocating any investment resources.
If you take the assets, liabilities and real growth projections you end up with a company size closer to $500K-$1M.
We don't have information on disrupt+ numbers or the merchandise.
The VR content that is being sold as the next revolution is just a bunch of 360° videos. A company with this size, growt rate and expertise cannot innovate that much into this field while being solvent and maintain the other business areas afloat.
One last thing to add, the difference is content, growth and views since the co-owner buyout have not had any significant difference to even indicate the path Jak wants to take the company is the correct way. It really seems like he just wanted to take full control of the channel to have more revenue and now cannot pay the debt. What is more likely to happen is that if the money is not collected then disrupt will die and Jak will create his own channel which would take us to the same path A but saving the viewers $500K of "investment"
Simply not a good investment... 9.7 million valuation based on future industry performance instead of actual revenue. Bro is out of his mind.
8 likesWell I guess it's gonna have to be "path B".
3 likes$10k is debatable. $10m is hilarious. Disrupt now a comedy channel?
1 likeMake a C-CORP and actually sell shares. It's as simple as that. It doesn't need to be "public"
0 likesYour evaluation is bunk and not backed by any calculations or third parties. Also you don't explain why the debt exists at all. I hope the original partner comes back, that nobody falls for this scam, and you keep making videos
16 likesReplies (1)
the original debt is what is owed to the original partner for 50% of the company.
1 likeVR isn't a wet fart but not a firecracker either. Not sure I'd focus my business around it.
2 likesI am super uncomfortable with this and I'll be unsubbing for the time being. Best wishes. I've loved the content on the channel but I'm not a fan of this direction and I think commenting and unsubbing might speak louder than anything else I could possibly do.
5 likesbye for now-
I love your content, I do. But with what you're doing, I'm unsubscribing until you take accountability and admit that you were wrong.
0 likesOtherwise, This is the end of the road. Another promising content creator to add to the mountain high pile of disappointments.
Time to unsubscribe.
You’d get toasted on shark tank
0 likesSure you can’t tell us future projections but you can tell us past revenue or at least what your revenue streams are. Feels like putting money in a dark hole
This seems really gross. Please don't do this y'all
2 likesDamn, it kinda sucks that I just found out about this channel today, and they’re already scamming for money. :/
0 likesThis guy is insane. No way anybody invests. Nobody cares about speculative future value, only current.
3 likesReplies (1)
Well he has already made $168,819...😬
0 likesWe all can agree that all of this does seem kinda of weird though right?
2 likesFrom the looks of it you have run the company into the ground. Trading ownership for capital until you were set to loss control of it all. The former member has 51% with only 450k $ how are we supposed to value the company ten times higher than they do and believe you can can actually make money this go around.
1 likeWait, you openly admitted that the valuation was made by you and no 3rd party? Are you asleep? That literally means "this valuation has no meaning and i made it up"
4 likesGuys dont worry, he's just planning on making a documentary video on his channel's downfall in the future
7 likesReplies (3)
😂😂 “This YouTuber took 500k dollars from his fans”
3 likes@Tentixz randomly interrupts his story to talk about some other topic
2 likesHow meta
1 like1:00 bro your channel is simply not worth that much... stop the lies. the previous owner owned 50% of the channel, why are you only giving out 10% for the full amount of the goal???
10 likesWhy didn’t he mention all this in the 1st video? He would of got fully funded. Now we just have people pity investing.
1 likeIf you want your questions to be answered please leave them on the Wefunder page.
0 likes“Internal Evaluation.” 🚩🚩🚩That’s already enough risk to me
1 likeDON'T FUCKING DO IT MAN! YOU'LL RUIN EVERYTHING YOU'VE WORKED FOR, LOTS OF WASTED HOURS STANDING, CHALLENGES AND SUCH FOR THIS?! NAH MAN PLEASE GET THAT MONEY BUG OUT OF YOUR HEAD, COLD HEADED THINKING AND START A PATREON!!!
1 likeHonestly bro just start a new business or company, if this is just you then that's all you need. Make a post hey disrupt is now this channel ect people would much rather that, and we will pay pateron for the content help you get out if the debt.
0 likesI loved disrupt but I honestly feel like the quality of content had dropped and gotten a bit stale and this seems like a pump and dump to cash in before they abandon this and go do somthing else
1 likeReplies (1)
I disagree their docs are very good.
0 likesIf you need money to pay your debt, just say it, don´t scam.
2 likesI love all your videos but this ... idk it doesnt sound legit for me to do an invesment.
Sorry.
bruh, just do a patreon.. be upfront about the debt you owe, a channel of a million followers im sure alot of people could chip in a dollar or two, but asking for people to use 100 dollars at minimum to help you out isn't really a nice way to beg if you're gonna beg for help.
0 likesDon't try to double down on something if you can't keep a promise, especially with people's money that they've worked hard for. The content is great, but is it so great you'd be willing to sacrifice viewers trust?
are you having hard time keeping yourself invested in the channel in a financial side of view
0 likesDude what happen? Lets be real, we like your videos. We like your experiments. YouTube & VR. You are relying on YOUTUBE & ........."VR".
2 likes0:35 no, you just got done saying you have 460k in debt. this isn't allowing you to expand the company at all. its allowing you to pay off a huge debt that you have created for yourself.
2 likes0:50 how did you extrapolate the current position of disrupt? what makes you believe that you are going to have incredible growth every year?
you emphasize in the risks section of your operations page that YouTube is very risky as "The free content branch of Disrupt is our primary means of revenue. As such, we rely heavily on the YouTube algorithm to promote our content to viewers. As of now, the platform doesn’t specifically tell us what does or doesn’t get promoted by it’s algorithm." you also state in your financials page that ad revenue and brand integrations have been your greatest source of revenue for both 2020 and 2021. "However, over Q1-Q2 2022, we have moved away from 3rd-party brand integrations in favor of advertising our own products " so you are killing one of your greatest revenue sources this year in order to advertise your new products? what does the revenue look like so far on those products?
2:25 if anybody can find me the law that he is speaking of i would be very interested. Somehow i have the feeling that he will not give it not because of legal reasons, but because the only way to get to his insane valuation is by having incredible growth for many years in a row.
3:00 it seems to be a quick way to make money for you.
Attempting to expand so quickly into brand new revenue streams while your current revenue stream is not stable, and while you have a debt that is nearly 7x the amount of cash on hand, does not seem like a great business plan.
In their operations page, when talking about their merchandise, somehow they state that the budget to create merchandise is $10/month for AI license, $30/month for contractor. What about the cost of actually making the merchandise? shirts and other physical items are not free to create. what is this contractor doing? you can see contractors listed in the financials as well, making a bit over 38k last year. yet there is no explanation anywhere that i can find about who the contractor is or what they are doing.
Stop calling this an investment, this is just a donation to get you out of financial trouble. that is all it is.
I do not understand why instead of growing the youtube channel that you are already making 130k / yr on, instead you decide to move to merchandise sales and a subscription site, i understand that you want disrupt to become much more than it is now, but why move away from the only thing you know for sure is profitable. they didn't release quarterly statements, i wonder if Q1 22 looks like they are doing better or worse than 2021.
Holy shit, wow. You doubled down on it. Homie just divert course, everyone knows what this is. Set up a patreon, and be transparent about what this is about to the public. That is the only way you can slightly salvage this shit lmao.
0 likesI really would like some NFTs with disrupted monkey to this. If I see some you got all my money.
0 likesYou should just do a Patreon? This feels like a risky investment and the valuation seems very high
0 likesIll give you $100 but i want 10% of the company.
2 likesthis channel averages 2 mil views a month, no way you make enough a month to even give yourself the worth of 10 mil.
1 like"my audience are a bunch of cash cows for a lost cause" - Disrupt TV
1 likewould you look at that, the channel made to document large internet scams is now pulling a large internet scam
1 likeI'll...I'll wait for Coffezilla's take, I don't know about this man, it's risky but not shady at least I think...maybe?
0 likesEdit: Nope, it's really risky, like...really really risky, investing it's really serious business, come on man, just be transparent about what's going on, all of that debt?
I know this little hickup won't destroy Disrupt and I hope that this channels succeeds
0 likesDamn bro… super disappointed to see one of my fav altdoc channels go down this way
3 likesThank you very much sir you motivated me a lot and I'm benefiting from it now, My greatest happiness is the $ 28,000 biweekly profit I get consistently
35 likesReplies (28)
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1 likeall above are scams
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0 likesI read about him on the ABC NEWS
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0 likesThis man have changed a lot of lives, am interested to work with Mr Maxence Boyer
0 likesscams ^^^
0 likesi love ur content but you’re literally pulling out a $10m value out of assumptions and its ridiculous. u cant just assume or predict ur channels worth based on actions that will be done in the upcoming future. nobody knows whats gonna happen in yt when we all know how weird its algorithm is.
2 likesi understand that this assuming stuff occurs alot when it come to investing. but this is ridiculous, saying this as a fan of you myself. and i dont like how you couldnt just be upfront about this buyout thing from the first video, since it seems like theres no NDAs preventing you from doing so.
this couldve been avoided by doing so many other things besides selling away 10% of your channel. patreon, another side channel, possibly a gofundme, commissions, sponsors idfk theres alot to choose from.
I thought that you might come out after the last video and say sorry, or at least answer the actual top questions, rather you just picked questions which don't add any value to our real questions, this channel is going down the wrong path and will eventually die if you don't wake up. Sad to see you out of all people do this.
2 likesThis is a giant ruse. Well played
0 likesThe funny thing about this is this is the kind of person you would make a video on
0 likesIt was good while it lasted folks. I expect a SunnyV2 video somewhere in the future tbh.
1 likeWALK THIS BACK AND JUST DO A $250,000 FUNDRAISER.
0 likesHoly shit just walk this back and say oopsie nvm. I don’t know what kind of legal advice you’re currently receiving, but I would go get a second opinion from a random lawyer who doesn’t know you. Cause your current lawyer(s) are just being “yes men.” OR you’re just not listening to sound legal advice cause this is risky AF.
I’m SO SAD to see this super dope channel take such a scammy shady road.
from looking at company financials it will take around about 7.5 years to even meet the evaluation you bileve the company is worth now i love the channel and i enjoy the content made but youtube has a good chance of not even being around in 7.5 years , theres a chance your audience may have faded or you may have decided to do something else 7 years is a very very long term investment and reletive to other investments of peoples money even if your income grows by 3.5x like stated in your growth targets a share holder would have made significantly more moeny with investing in a index fund, not to mention the fact that this is a best case scenario. If you are going to invest i would reccomend reconsidering personally i think the investing idea was a bad idea for this channel and that donations would have been much better. i feel sorry for u man but this just isnt the right way of going about paying off your debts. the way i see it is a high risk low reward investment that would make much more in safer investments. and at the end of the day it is your investors who will lose money not you . i reccomend either asking for donations or you may have to sell the channel , it dosnt make me happy either but it is much better than casuing average people to lose 500 k overall
1 likeReplies (1)
Sub count is has already started to fall. Lost over 10k overnight after the first video. After this second video, I expect the subscriber Exodus will start, in earnest. I was one of those, "big fan. This is a terrible idea, but I'll still support the channel" people, until this double-down video. I just unsubbed. He didn't address any of the issues being brought up by 99.9% of the comments. Just the few questions brought up by the scant few commentors that seemed eager to invest.
1 likeDude just start a gofundme at this point. This isn’t an investment for anybody. It’s literally a fundraiser.
1 likeThe only problem with this “investment” is that you have specifically garnered one of the most collectively intelligent audiences on YouTube… you know.. the type of folks who would never buy into a deal that sounds as dismal as this one does.
0 likesI don’t understand the approach. You’re a smart guy. You must understand your audience is also very smart… strange 😵💫
Replies (1)
Well, he already got $175k, so I bet not everyone fails in your definition of smart. I mean maybe bears are wrong here and this channel has a bright future with Jak as 90% owner, who knows.
0 likesCan't wait for the channel to become an nft news channel
0 likesSounds like this "51% owning departing co-founder" isn't in an amicable mood
0 likesPast performance and earnings as well as any assets AND debts should be considered when calculating the current Value of your company. Assets minus liabilities. Assets minus $500,000 in your case. 😳 gulp!
0 likesNext Video:
2 likes"I spent a week investing in NFTs, here's what happened"
Replies (1)
Actually vast majority of this company cash is held in stablecoins like usdt and usdc. I guess he is staking them somewhere. Tether is not exactly a company known for their honesty, so he might see some of that money dissappear.
1 likeat this point if you sold your youtube thumbnails as nfts, you probably would get less hate than this ridiculous invesment bs
2 likesHe never answered where we could even sell the shares. A for effort on this fundraiser but for people who actually invest regularly this is just a donation in man. Shouldve made a cryptocurrency or coin to sell. No ability to sell is just a ponzi scheme lol
0 likesThis is an absolutely awful idea, this would run the channel down the drain.
0 likesMore stoner hacking docs less begging 🙏💪
0 likesIt's a better "investment" to just give me $10 because at least you lose 90% less...
2 likesfor the love of god, please just make a patreon
0 likesSo investors may see a return on investment in 10-15 yrs so long as you don’t like umm die or something..
1 likeSmells like a hell of a scam, just too intransparent.
0 likesThis VR bs. is just a blank ripoff, there is no real money in VR atm. and if your company's worth is based upon the possibility there might be in 10-15 years, that's just straight up illegal.
This is one of my favorite channels, but this sounds weird and sketchy. I don’t know how I feel about this
1 likeIf you need donations for your videos / have money issues why don't you just ask people to donate instead of shady fake future value predictions.
1 likeGreat, I'm Canadian so I couldn't even throw money even if I wanted to.
0 likesSo you said you valued the company at 10mil because of where you expect the channel and YouTube to grow... So what you're saying is that that's not a valuation of the company in its current state?
0 likesI think this topic will only bring your channel statistics down
2 likesEDIT: therefore lowering the channel's value
also i agree with others, the valuation is closer to 1 million, not 10 million, if the other guy is getting 51% and this 500k he wants to raise, he says, is precisely to stop the other guy getting 51%. Here's why it's a scam. Based on the valuation and his channel being in existence for 10 years since 2012, that means 100% income of 100k on average, correct?. if people are buying 10% shares, 10% revenue "investors" will fight over is 10k PER YEAR, and there are likely to be hundreds of investors, so even when disrupt IS in profit again, the investors of more than 500 dollars are unlikely to ever make that back. so even if it WERE a real investment, is very poor quality returns to be expected, little to no return is even possible, based on the valuation
0 likesEh, you must not be in that much of a rush if you're not too worried about Canadian fans. Great vids but that was 🤯
1 likeBusiness plan?
1 likeWhats the real value of the company? Cant base value on what you think you might do someday within the next 10 years possibly if my plan goes right.
Paying off a debt is not an investment
3 likesno no stop please this is not what anyone wants. Patreon already exists and does the same thing without the complication or fuss come on
1 likeas much as i like your videos, this just seems like you've made mistakes and need help. but instead of a patreon, it's some kind of weird sketchy investment.
0 likesWhy should this co-founder leave? What would happen if they stayed?
0 likesLook, I love your channel but this is really shady and sounds like a scam of some kind….
1 likeAlso dont invest in this, It might be a scam and its very shady. hes doing this for money 😐cringe, you only care about money but not your viewers.
32 likesReplies (5)
https://youtu.be/i4gIqgtBXJU
1 likeFinally its here
doubt it, he's always made high quality videos and you can tell that it takes a lot of effort and obviously money for the videos he makes. so yeah, you can be sceptical but in my opinion i don't think this is a scam
6 likesLet's be honest we all enjoyed this video by having this:
1 likehttps://youtu.be/vC0roEkkKkQ
@Dwifte I agree with you but the $10m valuation is still too high. There are tons of 10m subs+ youtube channels out there that barely even makes 200k+ per month. Setting your brand to be valued 10m is just outrageous, its more acceptable if its 2m or smth
0 likes@Laufey Yeah, I just realised it's 10 million, I don't feel like that's a good investment, definitely when you're correct when most youtube channels don't make 200k + USD a month. Include that with the fact that Disrupt isn't even a sizeable channel compared to those that make 200K +
1 likeRIP to a previously good channel. 🪦
4 likes'some may disagree with this valuation, that's ok' lmfaooo bro not even trying to convince the 'investors'. why may some disagree with the valuation?? because its all in his mind. 😂
1 likeYou either die a hero or live long enough to see yourself become the villain
1 likeI am saving copies of these videos so I can warn and protect people from this scam. How ironic you storytelling about scammers has got you obsessed with trying it for real. Delusional
4 likesReplies (1)
Chill bruh move on with your life
0 likesA shame to see a Channel a lot liked to see some shady scam like this ashame
1 likeill still love this channel
0 likesI feel like he got a gun to his head and his forced to do all this. Considering what kind of content he usually put out
17 likesReplies (5)
He seems kinda sad tbh
2 likeshttps://youtu.be/vC0roEkkKkQ
1 likeFinally its here YES
Agreed
1 like@yesn't Yeah I get the vibe he’s going through it right now with this debt putting his dream project at risk of being shutdown and honestly being kinda life ruining. This seems like a last ditch effort to save the channel and still be seen as a legitimate business instead of some channel opening up a GoFundMe.
4 likesI think that revenue for this year isn't growing at the rate he is expecting and disrupt+ doesn't have enough subscribers to justify their maintenance. The previous 50% owner probably got tired of waiting for his money.
0 likesAnother YT channel DOWN THE DRAIN
10 likesWho cares I get something to own and it sounds fun! It's better than a Patreon.
0 likesNFT's are evolving guys
3 likesThe whole reason you want us to give you money is so you can pay off $460,000 of debt which you owe... really? Jesus dude... Jak, we aren't idiots.
1 likeDude, just stop this. Stop lying, just come clean. The majority of people haven't been fooled and the short term gain you gained from the people who believed you isn't gonna help you in the long run, and it's only hurt you and your future projects and career. This type of stuff WILL stick with you, this isn't you slipping up and saying something you shouldn't of, this isn't you getting cancelled for some stupid shit on twitter, this is a scam. Please just stop, apologize, and focus on what made this channel great in the first place.
1 likeThe biggest question is the $500,000 debt.
0 likes'Trust me bro, I'll pay you back'
3 likesWhen money got involved, youtube became toxic.
1 likeI've been here 14 years.
This is annoying.
i UNsubscribed just now. People be aware, it's physically impossible to buy someones debt.. debt is "negative money" that you are turning into positive, for him, essentially balancing his sheet while unbalancing your own. IF ONLY he came out and said "i need donations, my channel is in debt" that has a tottally different meaning than "invest in my debt" ....... how you word what you say means everything.... But no one is gonna own anything of Disrupt until you come OUT of debt, THEN you sell shares. Selling debt is literally a scam..... thats like saying, "guys i got 2 million debt (no specific mention of what the debt consists of) lie about the 2m (which was used to buy a ferrari) then claim it's business expenses....... and even worse is, YOUR debt is not OUR problem.
1 likegood job ignoring everyone's concerns from the first video lol
3 likesHow can yall be that much in debt? I support, but none of this makes sense
2 likesor... OR! Make an ASMR channel, you have the voice for it!
2 likesWell it was nice knowing you, shame to see what you’ve stooped too 😔
0 likesHmm. I'm a little confused. Is this an experiment or are you really trying to provide something of value in exchange for money? You couldn't just use patreon or ads at the intro or something?
0 likesThis has to be satire
2 likesThis is textbook Grifting. I also think the guy has a massive ego. Maybe making unrealistically high quality video's and too many staff you can't actually pay has been your rise, but also downfall
1 likewhat people need to understand is he really can’t pay you a dime u til that 500k debt is payed off. He the. has to get another surplus of income from youtube to even pay you back. Just like he said, you can’t expect any type of return for years to come. This is such a risky investment you might as well call it a fuckin scam. Also something to remember. if he was good at making money he wouldn’t need to do this in the first place.
1 likeThis is the worst decision this channel could have made. It’s a shame considering the quality of your past content, I hope you take a good look in the mirror and figure out how to get out of the hole you dug yourself without scamming others
2 likesalright cya when you finally start nfts disrupt so the final shreds of your dignity are removed and you get to make a marginal profit to pay off the debts you owe
1 likeyou should pay off 10k of the debt so you can owe the squid game number
0 likes"Tell me you want to fuck up your company without telling me you want to fuck up your company"
3 likesI cant help but laugh because im listening to a guy talk about finances while having fish vision.
1 likethis just seems like begging for money with another coat of paint
3 likescant wait to see a rise and fall of disrupt vid from sunnyv2 or smthn lmao
2 likesWelp this is a shame. I'll be awaiting the Coffeezilla vid on this.
0 likesdude read the room...no one is buying this bs.
3 likesyou would have been better off selling merch.
Coffeezilla boutta drop one, I feel it
2 likesI need you to stop doubling down on pretending this isn't to pay off your debt, i like your stuff but be upfront about it this isn't going to go well
0 likesYou just could have done product placements and have made millions. You need to start taking this more like a YouTube channel than a media company
0 likesYou are fucking up big time...Start to produce mediocre but intresting content and do product placements and it would be fine. Rn this is just a scam.
RIP channel
3 likesyou have failed to account for the channel being killed off by this very action
I don’t understand why you didn’t just create a patreon? You could have gotten tens of thousands of dollars a month on top of ad revenue
0 likesWhy all this?
Ok guys we need a reupload channel just in case
2 likesdamn bro you were my fav channel, nice financial scam you have going on
1 likeNo idea what the fuck is going on, but seems like a great time to unsubscribe!
7 likesSaying you're worth 10 mil because you're in a market you expect to grow is obscene. You're valuating yourself based off what you expect your brand to be worth in the future, and you're talking about decades. But you aren't decades in the future, you're in the present when you can't even pay off the 400/500k in liabilities.
0 likesKinda of a joke to expect your fans to pay you money while they will get no return, well at least not for a decade as you say.
So what, a 1.4 mill dub channel averaging maybe 700k per video is 10 mill. A yikes. A big yikes is my personal verdict. Think you've lost my respect
People are not going to wait 5-10yrs…. Don’t invest.
1 likeWhere do I invest?
3 likesResearching and then producing several videos on successful scams doesn't make one equipped to pull off one of their own.
1 likeReplies (1)
bruh 💀
0 likesYeah but why sell it? Just keep making videos
0 likesHa! These disrupt people are living in a fantasy world. The product they offer is not unique or special, there are many other creators waiting to take their place that are just as talented. It was good while it lasted, hope not to come accross this channel and its sketchy ways again. Not prepared to pay your excessive debts mate.
8 likesReplies (1)
If he just framed it as a crowd fund and was honest people would be
0 likesUnsubbed , good job disrupt , is this your exit scam??
8 likesI feel like I'm watching the slow downfall of a youtuber that I used to love watching. It's sad man.
0 likesHey, man. We get it, you’re in debt. Just don’t be fcking shady.
2 likesthis dude looks like he’d scam his fans out of 500k
2 likesWhy would you do this your destroying your channel.
20 likesReplies (1)
he's in debt
1 likeIn the future just ask for a donation
1 likeStep 1: Steal Underwear. Step 2: ?. Step 3: Profit.
3 likesEven you release a Quality Content it is still make no sense that you are asking people for their money with a share in channel that will not be prompted as actual share as you are evaluating your-self proclaim virtual reality investment with no back up's and actual plan to point out your share! and using the money on debt really make no sense, you are good content creator and a quality creator but this, you are just want a quick way out to get out on being in debt and close to be bankruptcy, if people invest in this, well expect with no returns and your money will be lost forever.
2 likesReplies (1)
Evaluating the worth 9.7M is still unfound, and it's for the future or something, literally this fund raising through buying shares it just like you are lending this channel a money for getting and equal shares so they can pay their debt of the channel that will be later or future 9.7m Company and you are lending them for shares that will not an actual share instead a virtual shares that will develop on future, means you are buying a project that doesn't exist in this world(yet) . Very Misleading Disrupt
0 likesI'm not a super experienced investor but I can help you invest into a better webcam
1 likeA 10 Million dollar evaluation? And it was only done by you?
0 likesIt sounds like a terrible pitch thrown on a Shark Tank episode. I like your channel and your content but I don't see most channels making 10 Mil in 10 years. Most popular channels will go through their peak and then fall off eventually. You're viewability can change in a day if the algorithm deems it so.
Maybe the alternate reality is a really interesting idea but that's nothing tangible that people can say "that will return an investment". At least not yet.
I think if you just would have been up front and said that the channel needs help supporting itself and that you would like Patreon subscribers, it would have gotten more positive feedback. I'm down for helping but thinking this is worth 10 million dollars based on very lose and subjective data, many people aren't going to fall for it.
Good luck man. I know debt sucks.
Idk just be honest, in this video we find out its to pay someone out?
0 likesnaw man this is a blatant grift
3 likesyea i think im just gonna unsub. Sad to see the channel go this route :/
1 likeYou seem to be in quite a pickle, as you're unable to discuss on where the invested funds will be allocated (due to the SEC guidelines) and your viewers demand to know where those funds will be allocated. It seems to me that this path you took by using wefunder and having your viewers "invest" into your channel was a fairly strange idea, but I can understand the thought process behind thinking how big VR and the Metaverse will become, but people will only invest if they know VR and Metaverse will grow to be the size they project to be, which the vast majority of people do not seem to believe. I honestly think a better way of you getting the funding you need would be Patreon, and later on you can set your sights high and produce content via VR/Metaverse once that time comes.
0 likesFor now, this is a pretty shady way of getting funding, and I recommend you try your best to switch to Patreon before it's too late.
I hope your doing well
0 likesJust go public with one of the million SPAC's searching for targets /s
0 likesHot take:
0 likesYes, the route he has taken is strange and "shady". However, I think that instead of looking at this as a cash grab, to me this seems like it is out of respect for the audience.
Disrupt is portrayed as a business model instead of a "fun project", because it's more than that. He believes in his company and sees a future. Capital is needed to recuperate losses and fund a future, and yes there are other ways to do this, but I respect this approach.
We are being talked to as valued people, who believe in Disrupt and could potentially benefit for essentially donating to something we believe in.
For the record, I feel that I've gotten well over $100 in content from Disrupt over the years.
(For Free)
is this actually some elaborate upcoming video idea where hes showing how scams and similar investment frauds work and saving the reactions to analyze later???
0 likesReplies (1)
Lol that would be great content. Can't be true though, since we have financial statements signed by accountants.
0 likesLol everyone's a capitalist until their favorite channel needs capital support.
1 like*edit*: lmao video comes out and they lose 10k subs instantly.
I haven't seen the video yet but I'm assuming he has ammend the video because coffeezilla calling him out in the comment section of his original video
3 likesThe way you speak and your mannerisms are reflective of you knowing that this isn’t an honest pitch.
2 likes$171,039 successfully Scammed from viewers. congrats, bro, hope you are Proud
2 likesThis channel died in the worst way. There is no recovery. Goodbye Disrupt, your fans are saddened by the loss, but we'll move on as you deprive further.
0 likesDo we get an NFT at least 🤔
0 likesI thought he would've tried to save face.
1 likeHow to single-handedly destroying your credibility and channel, and then double down on that LMAO
0 likesIs this an ARG or actual ebegging I can't tell.
0 likesI think you opening a gofundme would have been better.
0 likesPlease don’t kill what you have right now with this shady shit
0 likesWell best of luck to you, but I will not ba a part of the channel. At best this is a horrible mistake you are making. At worst a nefarious and illegal securities violation. Unsubscribed until you have a solution that makes the channel solvent and legal.
1 likeThis guy is trying to scam you, please don’t ever donate to his cause.
0 likesOH BROTHER! Come on man?! You doubled down on this instead of saving face???? Horrible, horrible look. Love the channel, but the sketchy details being glossed over are sus. For a channel that creates so much amazing content on sketchy things going on in finance/tech, this is shocking to see.
1 likehits 1mil subs - evaluates his channel at 10mil 😭
0 likesretitle : “i’m selling out”
2 likesSources: Trust Me Bro
4 likesReplies (1)
accurate 🤣
0 likesLove the channel. But what you are doing here is stealing peoples money as they will NEVER get a return on the so called "investment". And your valuation is downright ridiculous!
0 likesSounds like pyramid shaped funding to me
1 likeI was about to buy subscription for disrupt+. But when i see this, i though.. “Ehh. Why not”.
1 likeI feel bad for Jak. Hopefully he gets the 500k and manages to make this channel flourish. I feel bad for reading the comments here aswell but what can you expect for YT comments.
1 likeYou should do a video on yourself titled something like "The greed of men"
2 likesI bet if you had a patreon you would get 5k+ supporters
0 likesyou should keep it for now
0 likesbruh who tf gave this man 180k lmaooo
7 likes“Youtube’s Deadliest Scam” when?
3 likesi feel like this is some sort of social experiment thing
1 likeReplies (1)
Same here, if it was meant to be taken seriously then this couldn't have been under best way to go about it, and if it's a genuine scam same thing. Unless he's truly desperate and spiraling out this has to be some sort of joke or something
0 likes😂 a scam to pay debt off… no sir…this channel is only worth 5k at best🤷🏻♂️🤷🏻♂️🤷🏻♂️
1 likeA 10m valuation I’ll n just pulled out of thin air lmao.
0 likesDefinitely a scam
2 likesJust do patreon people would rather donate then get scammed.
0 likesI honestly am dumbfounded how you thought this was a good idea. did you even talk to anyone about this? Or are you surrounded by yes men.
2 likesI’m not saying that this tactic is the by any means logical to most viewers. But why does this seem to me to be a bit more of a social experiment rather than the original purpose. Just from the nature of this channel I feel like this social experiment may not be out of reach..
0 likesHe’s trying to leave you holding the bag. Rug pull.
2 likesI’m newer to this page, but I’m also not coming back.
Man's got a 1 million sub channel and is just nuking it right now. What a mess.
2 likesReplies (1)
lost 10k subs as soon as this video went up
0 likesI'm very skeptical of this ngl
3 likeswhy the fuck wouldnt you just make a Patreon
4 likesI am not going to disagree or agree with your evaluation.
0 likesWhat I disagree with is the way you justify it. No research data presented as if you just pulled it out of thin air.
honestly i only "invested" just to help you cuz ur a good guy
1 likeReplies (1)
but he isnt he is trying to exit scam as far as i can see
2 likesHow did he get into a half a million dollars of debt?
1 likeReplies (1)
he needs to buy out his partner's shares.
1 likeya know patreon exists
0 likesit's ironic that you say this investment is not for a quick buck when you are literally trying to make a quick buck to pay off debt 😂😂😂😂😂😂
0 likesThis video barely explains anything, it seems so off coming from Disrupt...
6 likesyou really, reall screwed up
0 likesafter the weird scams and dodgy dealings you have covered here on the channel, id think you were more than aware that this looks terrible before you went ahead with it
you must think we are all crazy moronic
You're trying to make paying off your debt sound cool. We the viewer get to invest and own a portion of the channel isn't that so cool /s - But it's still paying off your debt. Get a Patreon or something people would be way more interested in subbing to a Patreon than this, nearly everyone hates this. Much of your channel is discussing tech scams, and you think your viewers won't be able to detect a tech scam when they see it.
1 likeReplies (1)
I'm mostly convinced this is in itself a performance
0 likesJust checked SocialBlade. Lost over 10k subscribers, literally overnight.
0 likesYeah this definitely does not set right with me. Disrupt, I'm sorry but this is insanely scammy. I don't trust this at all and neither should anyone else.
3 likesEdit: I'm unsubbing until this is cleared up. I don't want to subscribe to anyone who tries this kinda stuff.
Replies (7)
why
0 likesi dont care lmao im just gonna not get scammed and keep enjoying some of the best content on youtube. only reason to unsub is if content quality drops
@hfc HE IS LITERALLY SCAMMING PEOPLE TO PAY OFF HIS DEBT! he is not only saying it's an investment, which is a lie, he is also saying that only to invest if you think disrupt will make $10 DOLLARS IN 10 YEARS??? Listen to what the man is saying, it's insane!
1 likeEdit: Grammer
@Temxas Remd so? long as im not stupid enough to give him money and get quality content for free why should i care lmao
0 likes@hfc you may not be, but that doesn't mean some guy out there with his mom's credit card ain't.
0 likes@hfc why watch someone's content if they are actually scamming people?
0 likes@Temxas Remd cos the content's good is it that hard to understand?? i dont need my content creators to be good people i need them to make good content lol
0 likes@hfc This guy gets it, all these emotional losers in the comments, id love to feed them to lions.
0 likesvaluate at 10m but half of the company is worth 500k lmaoaoaoa
1 likeWhy not patreon?
0 likesA 3 minute Q&A session that answers nothing. Man, you really dropped the ball here. You sound like you're launching a pyramid scheme, and you're gonna take loyal viewers for a ride. You should be ashamed...
1 likei dont like this at all.. unsubbed. why mislead people just say what is happening. more dishonest than the hackers u make videos on. if u r in debt open a patreon and i will gladly donate a small amount to support u. hes trying to pay of a 500000 debt that he has btw
1 likeGive you a lot of money and wont get money back for years... Who would do that? That's what rich people do. And decades... damn.
0 likesModern days NFT scam but now on YouTube.
0 likesalso guys, you'll be glad to know i have both copies of the fake-selling of channel, to mull over , incase he tries to delete and save face. Not on my watch, Bro.
0 likesgod damn disrupt fell off
4 likesI can offer one dollar and a chewing gum
3 likesIl give ya 5 bucks and a half subway sandwich for the Chanelle
10 likesReplies (4)
special 18 years 💯
0 likesAlles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
It's a deal!
1 like@Carlos Cortez 🤝
1 likethats how much its worth lmaoo
1 likeSuch a short q&a for such a important subject is shady and should make cautious...
0 likesOhh nooo. As they say don’t ever meet you’re video creator hero’s
2 likesIs it a scam
16 likesReplies (2)
@sphixy He was asking if it was not saying it is
3 likes@VirtualKota i am so dumb
0 likesIn 3 months (approximately)im getting 150k from selling a house i inherited so i will invest 30k to your project.I hope its not too late by then.
0 likesjust set up a patreon…
2 likesI woukf have paid for a patron for this content move on from this shit and start again.
1 likeI don't understand people's concerns. This is an investment, it is not guaranteed, most of you will leave a comment here being dumb and then invest in some sht coin and get rug pulled. This man has a vision and will try to realize it, you don't have to invest if you think it will not make a return. Anyway I have no horse in this race and won't be investing but the comments just irk me.
2 likesReplies (2)
The problem is that the funding is going to be used to pay off the ~$500k depth first
1 like@FunnieFluffy Fun I get that, but if you are willing to make a financial investment, you must be bothered to read the terms and conditions. The decision is up to the individual willing or not to make the investment not random hate comments from people who were not going to invest in the first place.
1 likeBro listen to my message you lost everything and everyone from doing this like you really about scam everyone come on man
0 likesyeah he definitely disrupted his subscribers
1 likeYou're essentially just trying to scam your viewers. Unsubscribed.
2 likesTime for an unsub. People see a dollar sign and sell out. Cant blame him just wish he would answer certain concerns and stop acting like he cant see them
0 likesLove it dude! Keep doing your thing. Really enjoy the content !
0 likesDamn this channel fell off hard and fast...
2 likesThis is all wrong. And everyone is saying that, so I suggest you to try to solve your financial problems in other ways.
0 likesThis video has a 2:3 ratio of likes to dislikes, for anyone who can't see the dislike ratio. 1.9k Likes, 2.9k dislikes. You can view this with a plugin.
3 likesReplies (2)
I am / was also a fan of this channel, it seems like it's largely fans that are having a negative reaction to this for obvious reasons. It would be nice to have an honest dialogue instead of a somewhat deceptive funding campaign. The creativity / content on this channel are still good but this is bad for everyone involved.
0 likeswhat is the name of the plugin?
1 likeI don't understand why people are saying he isn't addressing people's concerns. From the comments on the previous video most people were talking about the 500k debt, and he both addressed and clarified that debt in this video.
0 likesReplies (1)
It's because he's trying to go into debt but he's not providing any guarantee that he'll pay back that debt in any meaningful way except by vaguely gesturing at potential growth over fifteen years. 10% of investors would be dead by then having not seen any returns lol. He's basically begging for money and hid the actual reason he needed that money in the original video. He's already wasted any good faith he had with his audience.
2 likesthis shouldnt have a positive like/dislike ratio
0 likesWe’ve seen where this gone before, check what happened to Smosh after blending investors with content ;) I lost all respect, unsubbed bruh.
0 likes3:10 nobody cares about that. you KNOW their r much more important questions to answer on ur monitor but u just dont want to answer them cus u know it will put you into hot water
1 likeYikes. Good luck being controlled.
1 likeA million sin channel isn’t worth nowhere near 10 mill. You’d be lucky if this channel makes a couple thousand a month. Your videos don’t even get ads
0 likesi used to love this channel =^(
1 likeReal valuation: 10k
0 likesdang, from 1.42M subs to 1.41M subs real quick
0 likesAight imma head out ✌️
1 likeif u spend a 100$ u might get a couple cents if u are lucky. Sounds like a bad investment.
0 likesArent some of you over reacting? Hes opening the public to an investment opportunity. Hes not saying they will stop making content or prevent you from watching content, unless you fork over an investment.
0 likesWhy would you unsub from a channel you previously enjoyed because hes experimenting with public investing vs selling out?
Stay subbed, dont invest if you dont want to invest. I cant understand where all this negative feedback is coming from...
lets buy it lol but i cant buy it :(
0 likesGoFundMe would have been a better idea
0 likesThis is your worst decision for your channel, hey man pay your debts in different ways then, Dont try to fool your own audience
0 likesJust make a patreon on something
0 likesProbably don't take this pitch to dragons den or shark tank or whatever.
0 likesYou should delete this ASAP and just use Patreon. Don't do shady stuff
0 likesReplies (1)
to be clear, wefunder is not shady. the only thing shady was that he didn't disclose why he suddenly needed so much money. apparently if he starts a patreon now, his leaving partner would be entitled to revenue in perpetuity or at least until he himself saved up enough to buy out his partner's half.
0 likesClearly aren’t worth 10 mill. Not even worth a mill considering you can’t pay a 400k bill
0 likesYou've spent too long in VR
2 likesDo you really think you will make 10m dollars on this channel
0 likesScam alert just be honest and say help me i made bad financial decisions just be honest people like honest people
2 likesNo thanks. This seems like a really bad way to go about it. Just start a patreon or something.
0 likesBro show you care a little by at least managing the bot comments
0 likesRip Disrupt
0 likesBig fan but this is wrong and beyond sketchy.
1 likePlease don’t have your head in the sand, please listen to your audience before you hurt the your channel.
As a fan this is just real disappointing.
0 likesunfortunately i am going to UN subscribe. what people don't realize is when it's your company, it's also your problem, no one is really interested in your company unless you are paying high 4 to 5 figures a month in wages, on a consistent basis. your company/channel will be buried in the history books "yeah nice company but they fell apart and that's not my problem nor do i care if it were my problem, there are other companies to replace them with"
1 likeReplies (3)
It's a youtube channel why are you talking about wages mate...
0 likes@Fidelio many youtubers run their channels like a business. Disrupt has employees and he even stated this in previous selling video, from all over the world. A channel is usually 1 individual. and yes it does matter, because adding people adds complications
0 likes@James Phillips They do, but stop talking about channels like they are corporations. Its cringe. No YouTuber pays four to five figures a month to employees....Its not a hedgefund.
0 likesOne of the best channels :(
0 likesthis is so silly
1 likei thought your channel was cool but I didn’t subscribe so I could buy it
Honestly seems very sketchy
2 likesAaaaand this is weird the rest of the comments seem to know what’s going on more than I do so imma just unsub lol
0 likesShady SHADY "investment"
0 likesMen because you have 1 millon its not mean the value its 10x just because you do videos of VR and stuff men :s and you saying that who ever invest CANT expect money or profit for years to come :s WTF????? :S
1 likeWith the amount of negative comments I hope it will make you think twice again. I personally think you should open a patreon
0 likesthis isn’t investing. just ask for donations bruh
0 likesAll I'm taking from this is unsubscribe from this channel
1 likejust say ur scamming ur viewers and move on
1 likevolume is very low on here
1 likeInvestors mean tampered opinions. Time to unsub. See ya never.
3 likesReplies (1)
welcome to the club
0 likesI’d feel sympathy for this dude but it’s obvious he plagiarized so many of his videos by simply reading off articles of the subjects. Video editing skills are 1 thing but at least be creative of what you’re talking about.
0 likesReplies (2)
proof?????????
1 likeBollocks
0 likesWelp, guess this is the beginning of the end. This channels about to die off real fast
0 likesGG Disrupt.
0 likesThis ain't it bud
2 likesI am still in Jack.
0 likesDisrupt is awesome :)
3 likesEdit: After seeing the fact that he's selling portions of his channel and evaluating it at $10.7 million, I must re-tract my statement
Replies (1)
special 18 years 💯
0 likesAlles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
This is a scam
3 likesI looked up bruh moment and got this
5 likesReplies (1)
based yt
0 likesGet your money player.
1 likei know everyone talking about how this is mega shady but no one talking about this guys camera, looks worse than them leaked videos with the worst quality
0 likestoo shady. i'm interested in the culmination of YOUR content
1 likerather just be a 100% behind the scenes thing, this isn't content, it's confusing and kind of upsetting tbh
not interested anymore
Replies (1)
Why are you crying over it
0 likesHow to lose over 100,000 subscribers overnight - disrupt tv edition
0 likesi love this channel but this is awful man
1 likeCan you sell your shares?
0 likesthat's upsetting
2 likesI don't trust this and neither should you
4 likesWhat is that debt I do not understand
0 likesnot the best way to do it man
0 likesI hate to say it, but as someone that doesn't understand this shit, after reading the comments it seems like Disrupt royally fucked up.
1 likeAre you alright in the head?
7 likesDamn. I've lost respect.
2 likesThis is a mistake. Walk it back, brother. You're going to alienate your fanbase and torpedo the channel. We love your channel, but no one wants to be marketed to this way.
1 likei think u should just say sorry oomfie
1 likeI just invested $1000 and now everyone saying its a scam how can I get my money back??
1 likeReplies (3)
Call your bank, tell them to cancel or charge back
3 likesWeFunder must have a support page that can allow you to pull back funding
1 likeYou didn't invest, he lied, you paid his debt forward. Ask bank for a charge back because misleading advertising, its not your fault
0 likesSo if I understand correctly what you said: If I put in $100, I will make back $10M as a return on investment. Count me in!
0 likesmaybe just get a normal job like us normal people do
5 likestbf he seems kinda smart but a lil sus
5 likesReplies (1)
Someone else paying your debt? Yeah it’s smart.
0 likesScam! Reporting to YouTube!
0 likes0:47 is this man serious??
1 likeBruh just go on to shark tank 🤣
1 likeyour vision is highly out of touch of reality…
5 likesHomie dug up his iphone 2g to film this
1 likewhere can i get a potato cam?
1 likeNope. You tried to make it sound cool and interesting in your previous video, and it isn’t cool at all.
1 likethis ain't it
0 likesdigging a deeper hole for yourself...
0 likesRisky but with the idea of a decade long investment not too shady at all. Im still skeptical about the future projections but not so much that I would call this an outright scam. That being said I am not investing lol
6 likesReplies (1)
Let's be honest we all enjoyed this video by having this:
1 likehttps://youtu.be/vC0roEkkKkQ
Fav channel rip
1 likeWhoever's reading this, i pray that whatever you're going through gets better and whatever you're struggling with or worrying about is going to be fine and that everyone has a fantastic day! Amen
1 likeThis doesn’t feel right
0 likesAuuuughh this video is so bad that I got to ratio you bro.
2 likesRATIO BUTTON
⬇️
How embarrassing
1 likeDislike counter: 2000
1 likeAs much as I like your videos. Just .. dont :(
1 like1.8K likes --- 2.6K dislikes
2 likesIt’s a trap.
0 likes"GIMME $10M PLS???? 🥺🥺🥺" - Disrupt
2 likesReplies (2)
500k not 10M
1 like@Filip B. "$100M because you questioned me!! 😤😤😤" - Disrupt
0 likesvery shady
7 likesReplies (1)
special 18 years 💯
0 likesAlles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
DUDE WHY
2 likesYo I got the same keyboard
1 likeSomething is fishy
1 likerare disrupt L
2 likesGoofy channel decisions
1 likedisappointed in you man.
1 likeI'm sorry but if this is some metaverse bs I'm not in.
3 likesReplies (3)
Isn't that his whole channel lol
0 likes@Fidelio is it?
0 likes@Liam ya his videos r made with VR programs
0 likesWhat are you doing bro
1 likeI don’t understand this. I’m out.
2 likesdisrupt fell off
1 likeVR? what? lol
1 likeThis was a bad move.
0 likesDuuuuuude.... read the room
2 likesjust invest in bitcoin
1 like10 mil lol
2 likesthumbnail is trippy
0 likesReplies (1)
special 18 years 💯
0 likesAlles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
why is the camera quality so ass , shouldn’t it be like 4k 300fps? where is the value ??!!!
1 likeyo can someone explain to me why everyone is hating on him?
0 likesThat camera setup .ales you look funny 😂😂
1 like😂
1 likei want to be supportive but this is difficult to watch. come out and actually address the more hard hitting questions.
0 likesThis isn't the move brother, it suck your that much in bedt but this isn't it.
0 likeswow
0 likeswow
0 likesJust do a patreon man
0 likesunsubbed, you on your own buddy
1 likeReplies (1)
me too
0 likesyou ain't making shit from this
4 likesRIP
1 likeDeluded.
3 likesThis a little sus lmao
1 likeRip
0 likesFavorite channel
1 likeReplies (1)
LOL🤗
0 likesdecades.... AHAHAHHAHH
1 likewanna see the dislike ratio lol
1 likeReplies (1)
2.1 k dislikes oof
0 likesyou can see it with a chrome plugin
Get some help
2 likesTime to unsubscribe
2 likesBruh 😂
0 likesWeird camera angle
0 likes🤣🛑🚩
2 likesGo on shark tank with 10mil valuation lmfaooooo. Not worth 10mil or even close to 10mil valuation. Get outa here with that shit.
1 likeI think people are overblowing this. Imagine you guys subscribed to the Patreon for 2 years ago 5$ a month. It's the same thing. It's just business, so stop putting your feelings out here like anyone gives a crap.
0 likesonce again, LOOOOOOOOOOOOOOOOOOOOOOOOOOOOL
1 likeBlock and unsubscribed.
1 likeCanada is smart for not letting people donate
0 likesReplies (2)
Yo chill
0 likes@President Of Republic of Moai smd
0 likesYikes.
2 likes3:28 tf was that u nervous?
1 likeyes
0 likesScammaz
0 likessus af
1 likeno cap
unsubbed.
3 likesAnyone else?
Replies (1)
Not yet :P
3 likesGonna watch the consequences of this dumb decision
You answers have absolutely no substance.
1 likeThis is a terrible idea.
0 likesUnsubscribed!
1 likeno wonder your views dropeed
5 likesFucc this for a game of soldiers
0 likesUnsubscribed.
2 likesbruh 💀
0 likesPass
1 likeShady asf lol
0 likesYou are a strange guy man
1 likeThis is terrible
3 likeso.o
0 likesNo thanks.
1 likeNot my problem. Jesus
2 likesdon't care, post yb
2 likeswhat?
1 likeUnsubbed and disliked
7 likesReplies (1)
Based
3 likesI must be the only that isn't bothered by the circumstances around this investment opportunity. That's exactly what investments are, you give somebody your money and leave it completely up to them to make you a return. There is an element of unquestioning trust within that. You don't really ask what they're doing with "your" money. You either trust them or you don't. If you are not comfortable with losing your investment then leave the room. For me personally I know Jak does not want Disrupt to fail therefore it will not. I've pledged money toward it and I accept those risks. Now, I just wait and see. That is investing. Good luck.
1 likeReplies (1)
based on 1 million valuation (realistic) there is not enough revenue to share with Hundreds of investors. The way shares work, to make someone profitable, you have only a few owners that are owning a large portion of said shares. owning a small amount of shares only works if the company has a very high valuation, of which, disrupt is not. If you are happy wasting your money because you don't have a cluedo about investing, that's up to you, you go do that. But you should leave the room trying to encourage other newbies to invest and encourage uniformed risk. Good luck? would need the same amount of luck required to winning the lottery. Stop commenting when you hvae no idea about investing and just enjoy throwing your money away, other people need to be protected from being a cash cow to a lost cause. I want to enrich the public, not bankrupt them. No one cares what you have to say. it's Wrong.
2 likesI don’t even think your videos are that interesting tbh so I’ll pass. The whales, 58 days alone and lulzsec were good but not interested in the rest that much
0 likesnooooooooooooo
0 likesThis is where the dislike button is nice
1 like1 minute ago, interesting
0 likesdamn gg
0 likes2:29 .. bro r u fr
0 likesUnsubbing, peace
1 likeUNSUB
0 likesI don't know walt
1 likeSlimshady
1 likeFor all the skeptics, just think of this like a $100 Patreon donation that might give you back some money later. Don’t buy the equity if you wouldn’t donate $100 to this channel.
2 likesReplies (1)
The problem is the smoke and mirrors, if he was transparent from the start he would've gotten some donations. Plus the money isn't going to the channel, he's paying off his debt
0 likesNo one is forcing you to give him money or invest on the channel. You all making it seem he scammed you somehow. You have a choice. Invest/donate or don't.
0 likesReplies (2)
Pretty sure people are just annoyed at the shady way he asks for money
0 likesinvest and donate are NOT the same. if i invest, i want bigger returns. if i donate, i wave goodbye to money. Almost the polar opposite outcomes for the buyer
0 likesok
2 likesWhy do you use that garbage camera?
1 likeDon't trust this guy hes a liar
5 likesok
1 likeL channel
4 likesWsg Disrupt
0 likesman
0 likesLove your channel, I will contribute
3 likesReplies (3)
https://youtu.be/i4gIqgtBXJU
2 likesFinally its here
You love the channel so much it is your first comment ??? Definitely not a bought bot account
6 likesspecial 18 years 💯
0 likesAlles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
a lot of people are saying this is a scam - I disagree. While I believe the valuation is crazy, and the current financial state of Disrupt is also pretty bad, I don't think there's anything wrong with trying to "raise" money for the company.
0 likesReplies (2)
Are you neglecting the fact this guy is overshooting his company's worth by a factor of 10 and that he's asking (mostly) clueless people for $100+ "investments" that will likely NEVER yield anything back (that's the whole point with investing), passing a $500k debt off as an "opportunity to make the channel grow as a company"? A channel that he doesn't even fully own? Because that's very, very wrong in my humble opinion
2 likesHe intentionally hid certain valuable information from the previous video and from WeFunder main page to not spook investors. That's just plain dishonesty
0 likesUnsubbed
2 likesunsubbing
0 likesAYO
0 likesUnsubscribed
2 likesI don’t care
2 likesWtf
1 likeAll these commonly grammatically incorrect commenters so stingy with a measly $100.
2 likesY'all the type of people to stand in front of a homeless person begging for change tryn'a stop other people from donating because you think he'll probably spend it on drugs or something..
So what if you don't get anything in return, would it kill you to help a stranger out with 100$ once or twice in your lifetime?
At least this gentleman is upfront with what you're contributing to - and if you need to dig deeper because you can't understand the potential of what he's already explained then this isn't for you, move on.
Replies (4)
RE "Y'all the type of people to stand in front of a homeless person begging for change tryn'a stop other people from donating because you think he'll probably spend it on drugs or something.." - THEY DO. I spoke with Homeless people and they even told me they do, to stop feeling depressed, its not right or wrong, but there is a reason behind why they choose drugs
2 likes"So what if you don't get anything in return, would it kill you to help a stranger out with 100$ once or twice in your lifetime?" - BE MY GUEST, BRO. no one has to donate. you're owed nothing, not even oxygen. if a company could put a price on oxygen, they totally would. you are owed violence, at worst, for your immature views. Nice things have to be earned. sorry to burst your bubble, bro.
"At least this gentleman is upfront with what you're contributing to" - DEBT is NOT an investment. NO ONE uses a credit card as a means to "make" money, instead it is making NEGATIVE money ie money that is Owed. even if i was a trillionaire, i would donate nothing. you get zero. you havnt done anything to warrant any form of trade.
if you need to dig deeper because you can't understand the potential of what he's already explained - BUYING DEBT = giving away money. NO thanks
then this isn't for you, move on.= It's not for anyone on the planet. Everyone is moving on in unison. YOU pay if you are so concerned. Good Luck getting ya money out and wasting it, might as well dump it in the bin.
lol point in case, bro
0 likesDespite the fact that not everyone has the ability to just throw $100 in the air, many people had already pointed out that this is pretty shady and they can just open a Patreon or something similar instead of doing this
0 likesJak got greedy and tried to buy out his partner's 50% for $500k. Suddenly he realized he couldn't pay, and now he's looking for donations essentially to help him foot the bill in exchange for 10%. There's helping the homeless and there's helping the stupid and greedy. This is the latter.
0 likesLool
0 likesWaaaaaay off
2 likesWhat
2 likesbruh
1 likeLame
0 likesearly gang
0 likesNope
0 likesReplies (1)
now... thats a good movie :D
0 likesYou're lucky YouTube hides dislikes
0 likesReplies (2)
Laughs in browser extensions and Vanced.
1 likeBtw. It's at 1.6 right now
@Michael X yeesh lol
0 likesdisliked
1 likeCringe
3 likesI dont like this man
1 likeoh hey 5 seconds old
0 likesOof
0 likesiii
0 likesa
0 likesgoofy ahh
8 likesReplies (1)
special 18 years 💯
0 likesAlles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine Close-Up.Online Brünette und eine andere Blondine. Es wäre unfair, wenn ich 4 wählen würde
Whoever's reading this, i pray that whatever you're going through gets better and whatever you're struggling with or worrying about is going to be fine and that everyone has a fantastic day! Amen
19 likesReplies (6)
Stop, bot!
5 likesWho cares?
3 likesGtfo spam bot
3 likeshttps://youtu.be/i4gIqgtBXJU
0 likesFinally its here
Let's be honest we all enjoyed this video by having this:
2 likeshttps://youtu.be/vC0roEkkKkQ
Literally why is this even a bot
2 likesfirst
0 likesReplies (1)
touch grass
1 likeFirst
0 likesReplies (2)
touch grass
1 likeits not even true
0 likes11th
0 likesThese negative comments are getting pretty old pretty fast. Just jumping on the bandwagon of negating the investment opportunity with uninformed opinions based on pure postulations. He has literally laid everything out there (within legal reason) and continues to be transparent with videos like this. I understand wanting to ask questions and trying to figure out if you want to invest, but it’s probably better to stop attacking someone’s character because YOU don’t feel comfortable. Also maybe take a step back and ask the question, how many people making these negative comments have actually owned any type of business?
0 likesReplies (1)
Here's a new prospective, it's a YouTube channel, there are other channels who can easily do similar work and not find themselves $500k in debt
1 likeIslam is a religion that calls for the worship of God alone, who has no partner, and that Muhammad is the last of the messengers. The Qur’an is the last book of God. It is one copy that has not been distorted. Scientists prove scientifically things that were discovered only in recent years, such as the stages of the formation of the fetus and many other facts that God has mentioned in the Qur’an to prove the authenticity of the Qur’an. That is, from God, and to establish an argument against the people and upon those who heard of this, God is the one who created you and He is the one who will send you after the grave to the reckoning. Have you not wondered one day who holds the heavens and the earth to pass away, and who provides for you and who created you from dust, and where you are when you sleep and this is an example of the grave And sleeping after it is an example of the resurrection of the resurrection
0 likes