Vtuber Agency Vshojo Shuts Down After Talent Exodus

VShojo, nan VTuber agency that billed itself arsenic “talent first,” is shutting down. VShojo CEO Justin “Gunrun” Ignacio made nan announcement coming connected X writing, “I return afloat work for nan decisions that led america to this point.”

Earlier this week, VShojo came nether occurrence arsenic Ironmouse, nan agency’s apical performing VTuber, announced she was leaving nan company complete a missing $500k kindness aid and her ain unpaid funds. Her departure triggered a wide exodus of VShojo talent, pinch 12 of nan company’s 13 creators officially announcing their ain divided from nan institution pinch immoderate besides claiming unpaid wages arsenic their reason. Ignacio’s announcement alluded to VShojo’s financial difficulties.

“We raised astir $11 cardinal to prosecute a bold, talent-first attack successful VTubing,” nan connection read. “However, contempt each our efforts, nan business grounded to make nan gross we needed to prolong that model, and eventually, we ran retired of money.”

Ignacio besides admitted that nan costs raised by Ironmouse and intended for nan Immune Deficiency Foundation had been spent by nan company: “Additionally I admit that immoderate of nan money spent by nan institution was raised successful relationship pinch talent activity which I later learned was intended for a charitable initiative.” Ignacio went connected to constitute that he was assured that he’d beryllium capable to raise capable money to screen those costs. “We were unsuccessful successful our fundraising efforts.”

Here’s nan connection successful full.

VShojo has grounded and I’ve mismanaged nan institution into nan business you’re each witnessing.

So coming I americium sharing nan difficult news that VShojo is shutting down, and I return afloat work for nan decisions that led america to this point.

I’ve been doing everything I tin to fundraise and correct nan vessel these past fewer months, but contempt my efforts, we are successful a worse position, and those I attraction astir are now paying nan price.

Over nan past fewer years, we raised astir $11 cardinal to prosecute a bold, talent-first attack successful VTubing, prioritizing creators and organization complete short-term profits, to execute semipermanent sustainability. Our backing went straight to our creators done generous splits, debut investments, infrastructure, concerts, events, unsocial creator-first attack for an agency. However, contempt each our efforts, nan business grounded to make nan gross we needed to prolong that model, and eventually, we ran retired of money.

Additionally, I admit that immoderate of nan money spent by nan institution was raised successful relationship pinch talent activity, which I later learned was intended for a charitable initiative. At nan time, we were moving difficult to raise further finance superior to screen our costs, and I firmly believed, based connected nan accusation disposable to us, that we would beryllium capable to do truthful and screen each expenses. We were unsuccessful successful our fundraising efforts. I made nan determination to prosecute funding, and I ain its consequences.

I americium profoundly sorry to each nan talents, staff, friends, and organization members who believed successful our brand. You did not merit this.