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RE: LeoThread 2024-12-15 12:39

in LeoFinance7 days ago

Part 3/7:

The creator took this opportunity to address various misconceptions surrounding the closure. There was speculation regarding the transition of Offbrand into a workers' co-op and how that might have impacted its operations. However, the creator clarified that this structural change had little to do with financial struggles. He pointed out that the primary issue lay in the overall business model rather than the operational framework.

The creator acknowledged that while outside investment could potentially help alleviate cash flow issues in industries like esports, it would not have resolved the fundamental flaws in their current operations. Instead of seeking external funding, he utilized personal investment to keep the company afloat during challenging times.

Events and Creator Dynamics