🌟 Internet Famous Linus Gabriel Sebastian & Linus Media Group / Linus Tech Tips - Narcissistic corporate shill YouTuber driving his media empire into the ground. KILL COUNT: 2

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Voloromir of bad Yuristan dijo:
It's not difficult to predict a lot of "influencers" going bankrupt in the future, every time revenue changes in any site they have their content, it's to lower the amount of money they make, so it's not out of the question that these newly rich people don't have any sense of preserving their money and just spend as much as they earn every month, maybe Linus is the one more prepared for this since he spun out some side gigs, but if the side gig isn't profitable, it's over for him.
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Yea, the biggest question mark in whether Linus'll be fine is that its not clear how much LTT is subsidizing all his other stuff, and its not clear how big the black hole in LTT's pocketbook from the Labs is yet. If the other businesses are doing ok (Pickleball is collapsing, and other racket sports are declining as the fad wanes) and if the Labs isn't a black hole of material and machinery (Doubtful) then he'd probably be ok even with a limp valuation for LTT.

If Labs is a huge stinker and the other businesses aren't doing so well, then he's probably fucked. Its already well proven that the LTT brand doesn't work without Linus, or at the very least that Linus is incapable of sheparding new talent to do as he does, which indirectly sets that nobody there can be a new face of LTT. The actual shoot sites and computer inventory is only worth scrap value, there's nothing special about it or old computer parts beyond novelty. His production pipeline is somewhere between middling to bad, with inflated labor and tooling expenses because he thinks it'll matter to be able to remaster a graphics card review in 8k 20 years from now.

So LTT's people aren't anything special because they can't actually run LTT, the assets aren't anything special, and the work process they have isn't anything special. To really make good on a buyout of LTT, you'd have to replace the talking heads with your own people because LTT's people can't hack it, and you'd have to replace the production staff and pipeline with something that isn't retarded. The hardware stack is nice in that you can pull out some random 2014 hardware for a video on a moments notice, but its not much harder for a good production schedule to wait the couple weeks an ebay buy would take. So while realistically anything is worth something, practically its all gonna sell under cost to cover the investment costs of fixing it. If everything else is ok, taking a weak gain or even a paper loss to ditch LTT's liabilities to retire won't kill him. But if the other stuffs doing rough and the Lab in LTTs skeleton closet is a bigger anchor than it appears, he might not be able to soak that loss. Especially since he's probably heavily leveraged right now for shit like the project house and the jet.

My shot in the dark? He'll not be fine. The sports center might limp along, the lan centers fucked because they're just foundationally bad businesses, and I don't see him ditching LTT when it's sensible. You're right that eventually platform changes will make LTT unviable, and I think he'll ride it into the dirt and seethe the entire way.
 
Another one bites the dust. Nick Plouffe has left LTT and joined Microsoft as a Senior Video Producer. Nick Plouffe was one of the last remaining hosts I actually liked and thought was skilled at his job.

Posted to his LinkedIn page

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Was this guy in case anyone forgot. Mostly did monitor reviews these days but did lots of other things too. Been with LTT for a long time.

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Plouffe was Linus's chief ass-licker so you just know the narcissist didn't take this well.
Looks like things really are deteriorating if the goblin that lives halfway up Linus's anal tract is jumping ship.
 
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Kuritan Deplorable dijo:
Yea, the biggest question mark in whether Linus'll be fine is that its not clear how much LTT is subsidizing all his other stuff, and its not clear how big the black hole in LTT's pocketbook from the Labs is yet. If the other businesses are doing ok (Pickleball is collapsing, and other racket sports are declining as the fad wanes) and if the Labs isn't a black hole of material and machinery (Doubtful) then he'd probably be ok even with a limp valuation for LTT.
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Linus personally will be fine no matter what. By my count LMG own a bunch of real estate around Vancouver, which is one of the most expensive cities in the world. If they're ever in deep shit they can sell the old Langley house and/or their office in Surrey to the Chinese and that will probably be enough to clear any debt they have. I have no idea if they also own their other offices, but that doesn't really matter since if they do they bought them at current Canadian prices (a crack shack there costs more than a castle in Europe) and are still paying them off.
 
BlueSpark dijo:
Plouffe was Linus's chief ass-licker so you just know the narcissist didn't take this well.
Looks like things really are deteriorating the goblin that lives halfway up Linus's anal tract is jumping ship.
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Agreed, my hope is for Dan Besser to leave next. Mostly just because it would be funny to have a huge obvious gap in WAN Show. He's also Linus's next up in the ass licking pecking order.

I don't really have anything against him but I want to bubble up the interesting fact that Dan Besser is a homosexual furry who got an irl multi kill when his car got rammed in a not-at-fault collision in his early 20s
 
John Ligma dijo:
Agreed, my hope is for Dan Besser to leave next. Mostly just because it would be funny to have a huge obvious gap in WAN Show. He's also Linus's next up in the ass licking pecking order.

I don't really have anything against him but I want to bubble up the interesting fact that Dan Besser is a homosexual furry who got an irl multi kill when his car got rammed in a not-at-fault collision in his early 20s
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It was probably scripted but him being completely unable to use a projector during Scrapyard Wars was peak cringe,
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That whole thing felt like a humiliation ritual for Luke's team.
 
Dead Lion dijo:
Linus personally will be fine no matter what. By my count LMG own a bunch of real estate around Vancouver, which is one of the most expensive cities in the world. If they're ever in deep shit they can sell the old Langley house and/or their office in Surrey to the Chinese and that will probably be enough to clear any debt they have. I have no idea if they also own their other offices, but that doesn't really matter since if they do they bought them at current Canadian prices (a crack shack there costs more than a castle in Europe) and are still paying them off.
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Nah, markets actually been on a decline for a few years now.
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Combine that with the fact that the root issue here is terrible quality of immigration (They're fucking broke and with barely any employable skills, its been all about number go up for years now) and a buyers market as our boomers retire out and nobody can actually afford to buy out their retirement nest egg at anywhere close to book value, and those rates are going to stay down for a while yet. Its bad enough that Vancouver did a 0% property tax increase for the first time in, I think ever, after 'only' raising it 4% the year before, a decade low at its own time. The markets cooling out, and unless Linus is gonna cash in LTT right now, that boats leaving the harbor.
 
So he's got some lackeys checking his home theater room and doing acoustic treatment. What the fuck ever. His ugly wife ends up in the video at one point, agrees to putting some panels on the walls and ceiling.

Wait what?

Maybe don't talk about your cock to your employees while thrusting toward them standing on a fucking ladder? Did he think he was being funny? The lisp from the braces certainly makes it sound gay. How the fuck do these people not just immediately walk off the job with this shit?
 
p1138 dijo:
Pulling a mortgage like that with no income even in Canada? Yeah I doubt it. Dude must have gotten an inheritance or something from a family member kicking the bucket and then blew it on this fucking foreclosure dump or whatever it was to have been left in that bad of shape.
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Even if his current production company is really succesfull and pulling in some cash banks are extremly risk adverse while lending. Banks want a 2-3 year financial history as a brand new company with widly varying amounts of income with a young guy leading it dosent spell out security. There is no way they would borrow him 2.8 million unless he had some form of garrantour.

And it really puts this qoute from his "I quit LTT" video in to a diffrent context that makes him very dishonest & manipulative.
You kind of start thinkin' while you're working on your boss' third house if you're ever going to be able to buy a house, and for the record, I don't own this one, I'm just renting"
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Clearly that was never an issue for you Poor ol' jake is just like you guys and is never gonna be able to afford a home. While in reality he somehow has personal connections to swing a 3 million dollar loan in a reccesion.
 
SchizoDaemon dijo:
Who is this video for? What am I supposed to glean from this? That he got a huge room to watch movies in?

Who the fuck watches this?
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That's an already not insignificant number of videos on his channel. Every time he gets a new 100" TV his theater room seems to get discussed at a minimum. As far as having a dedicated theater room, he's got a private jet and leases a hangar for it.
 
Linus if your still here I've got some advice. Make videos on big tech/engineering projects, like the ones you've done at data centres and that fusion experiment. I know it means doing actual work but if you stay the course you're on now it's only down hill.
 
SchizoDaemon dijo:
I've got all the stuff I pretty much want and I am not nearly as rich as any of these guys.
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The problem these people have is that the money is burning in their pockets, it's really that simple, they don't need to buy a porsche, they don't need the 1600$ gold glasses, they don't need the 3000$ hawaian shirt, they just have too much money and they just spend everything they have on hand.
I'm not joking, but if any of those multimillionaire "content creators" that are earning millions every month, suddenly lost 95% of their income thanks to some scandal, you bet your damn ass they'd go bankrupt within a couple months, even when they're earning over 50k per month, they just spend that much money every month on dumb shit and have near zero savings.
The only thing really saving them from that is that a lot of companies just pay them big time money for doing promotions even if they're literal fucking pieces of garbage.
Here in Spain just the other day Burger King rescinded a promotion with a really famous streamer called elXokas, everyone knows this dude has a really potty mouth and swears and insults constantly in his streams, the other day he started basically insulting someone, probably from his chat, and started saying that he earned so much money from the BK promotion, that he earned more money with it than the insulted person's parents in 20 years, this kind of person for some reason got a massive money bag from a company just to put his face on a burger, companies literally have zero oversight on who the hell they give money to, and that's what might save all these people from going bankrupt.
 

This is being done as a sponsored video by Seasonic, but I always laugh when these pop up because he made such a big deal about that stupid "The last PC build video you'll need" borefest from 3 years ago and that's even mentioned in this video here. Just a yearly update is way better, only this nigga still has the curry braces and it's probably become a fetish for him now.
 
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