News from Gamers Nexus. Including some part about the response from Linus regarding the previous video. Linus really likes to jump the gun and digging holes for himself.
I think Linus is convinced that if they slow down at all, the entire company will collapse because they’ve grown so huge. They also ran up huge debt to build the Labs which will not start generating revenue for a long time.
Well, then it’s a good thing that he didn’t also blow a bunch of money on a mansion, a “true” mansion, and then a badminton court. That would have been a real waste of money that could have gone to a safety net for the company instead, so, you know, it’s great that he didn’t do anything like that.
I’ve been wondering about that too; really not sure where the ROI was going to come from for such a massive investment. Sure, it enhances the videos, but by that much? Unlikely. Where’s the income generation happening on all that equipment?
All the videos on the equipment. :p
I mostly think this is the main thing about the lab. It’s content, lots of content, which he can monetize. His giant house. Lots of projects, more content.
The data is a far secondary goal. The equipment would never pay for itself without the content it generates.
The dude who doesn’t let his employees talk about pay is a shit bag? Who would have guessed?
Is it just drama for consumers to be aware of the potential risks when purchasing something? Do I just love drama if I write a bad review for a bad product?
The point of Gamer’s Nexus is to review shit.
> Media Company loaned $10k prototype from startup
> Media Company gives scathing review of product after knowingly using it incorrectly
> Media Company also auctions off prototype instead of returning it, now startup cannot continue product development
> Other Media Company calls out first Media Company for irresponsible conduct
> “TeCh ReViEwEr DrAmA”
It is relevant only insofar that if you rely on youtube reviews for stuff you buy, maybe don’t click on LTT videos any more.
But that’s not exactly new advise, more from like… 10 years ago or so 😂. Still, they did a really bad thing here.
I like LMG. They make some decent content, that’s easily understood. That being said, they’re handling this VERY badly. Shame on Linus, and LMG.
Linus has been sticking his foot in his mouth often enough that it’s starting to develop in to the persona he thinks he needs to/is supposed to have. The WAN Show is pretty much the only LTT content I care to watch anymore, but it has become increasingly common over the last ~year or more that he has a spicy take that gets embroiled in some mild controversy. But now he’s like “well this is the part of the show where I have spicy takes” and is almost actively looking to do it. I see Luke becoming increasingly frustrated with it too. Stepping down as CEO is probably the right call, but this move to “CVO” seems a little too lateral. I think Linus needs to pull back out of the spotlight, for the health of his company. But I really think he thinks his personality is the brand.
He likes and wants to be on camera, and he knows a ton from years in the industry, but I wonder if he wouldn’t be better as like… chief script advisor who also teaches other employees tips and tricks on how to compose videos, stage scenes, manage the flow of content, where to splice in B roll, how to read the weave of the youtube algorithm… They’ve grown remarkably, and I like what Linus states is the goal of the Labs project. But I worry he’s both becoming increasingly convinced his personality is an important part of the channel cachet, and also increasingly impulsive with regards to making decisions and spending money in an effort to go fast.
Stepping down as CEO is probably the right call, but this move to “CVO” seems a little too lateral. I think Linus needs to pull back out of the spotlight, for the health of his company. But I really think he thinks his personality is the brand.
If ownership hasn’t changed, and he’s still essentially the CEO’s boss since he selects them, it’s rearranging deck chairs. He hired someone to do administrative tasks.
I like what Linus states
I’ve only watched LMG content for a few months, but this out-of-context snippet sums up my feelings on the company.
Sebastian says that it’s a consumer-first, employee-second, profit-third company. But his actions don’t always support that.
Sebastian says that he doesn’t believe anyone should ever be a “fan” of anything because it’s irrational. But then he turns around and dismisses anyone who doesn’t show his brand absolute loyalty.
Sebastian says a lot of shit which sounds absolutely amazing if you can assume it’s true. And the problem is that you can’t assume that the company line is true coming from any company. You can just watch their business practices and make the best judgment on if the company seems honest. And Linus Sebastian, who effectively is the company as the owner and face of it, has increasingly come off as dishonest. It makes it damn near impossible to trust any of the good things he says that he does.
This is a pretty bad look. I think maybe someone head is too far up where it shouldn’t be to get that.
