Hey Rick, I have been reading your detailed comments in the "Jeremey Hambley" thread concerning the possible looming bankruptcy of his "Empire of The Mediocrity of Doom", and based on your assessment of Jeremey's current ledger state, Tarl cannot be anymore than a drain on the finances, and a reputation drain that will affect the bottom line. Am I reading your comments accurately? Will Tarl suffer the axe because of Jeremy's monetary impulsivity?
All five of Jeremy's people will get the axe out of necessity. The Rumble revenue is gone and the YT views are damned near non-existent. Based on the statement "I'll need 4K supporters (paypigs) at 8/mon to sustain", I presume he pays them 32K a month in aggregate. I believe we have it confirmed that Tarl makes 500 a stream? It occurred to me later that he may have inflated this by 20%, so it is still in the ballpark of plausible costs, but I ran my analysis on the assumption he didn't. He likely did, if not more than 20% because he is greedy, stupid and fails to plan long-term, but let's assume he did none. This implies that he spends 32K a month and it is VERY obvious by cursory numbers, that the QuarterCast does NOT make that kind of money. Quartercast is like a -90% ROI. He gets MAYBE 1 dollar back per 10 dollars* invested. It is pure loss he can only indulge while he has other assets and income streams. Putting 300K in business expenses on a PERSONAL CREDIT CARD AND FUCKING SACRIFICING THE ADVANTAGE OF AN LLC BECAUSE REASONS tells us the state of his cash/assets. He's selling off his chinsy nerd junk collections publicly, so he's clearly has next to no assets.
The fact he put it on a credit card tells me he's leveraged with all lenders at every level. An 80K purchase would have been mostly secured and partially unsecured (costs to recoup, possible legal battles to recoup, deterioration, second hand market values, etc) and he had to put it on HIS FUCKING CREDIT CARD. Not a business one, a personal one.
It isn't just Tarl getting the axe, everyone's getting the axe. He paid everyone as long as he could and LARPed as a super serious businessman as long as he could. The only thing he'll retain is his accidentally discovered infinite money glitch and his niggerspending days are at an end. He'll be lucky to have a 500 credit score when complete.
I once thought he was an Ebeneezer Scrooge guy who just accumulated like mad, but it turns out he has an infinite capacity for niggerspending and that is the reason he was a workaholic.
His business ventures are overwhelming losers and he won't retain a single employee.