Franchising is a sham. The orgs' money doesn't matter, results don't matter, riot just does what ever the fuck they want
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The G2 situation confirms that
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Franchising is dependent on how well the org will be in the long run
Likely the reason TSM was out (crypto not dependable in the long run)
Also why G2 out (CEO who parties with a shitter is a PR disaster waiting to happen)
A reminder that Rito is partially owned by Tencent which is a Chinese gov owned company. We get a glimpse of what it looks like
G2 made it, but they were kicked because Carlos is friends with a sex trafficker
https://twitter.com/neLendirekt/status/1572310748570783744
money matters and image matters, of course there is also recency bias. g2 pr did their job to put out a statement, even they knew whatever happened there was a pr nightmare. it’s all business in the end.
"RIOT is the best company how dare you" --
https://www.bbc.com/news/technology-59809774
https://www.washingtonpost.com/video-games/2021/12/27/riot-discrimination-100-million-settlement/
Carlos took massive L but
2 years of investing and all it took was a 9 second video to destroy the hardwork of all the people who worked hard to build the brand
idk why they didnt just punish him just like they did to TSM ceo
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