VTuber agency VShojo is closing its doors following a mass departure of talents triggered by claims of unpaid funds, including a $500,000 charity donation. Top star Ironmouse left the agency over these unresolved financial issues. CEO Justin Ignacio admitted the company mismanaged $11 million raised to support a creator-first business model and acknowledged that some funds meant for charity were spent by the company. Despite efforts to raise more capital, VShojo failed to secure further investment and will shut down, with Ignacio taking full responsibility.
Back
