today I read the Vice bankruptcy documents and there is some weird stuff in there
@doriantaylor just a mini episode not a deep dive
@ingrid didn't vice go bankrupt once before?
@doriantaylor I don't think so?
@ingrid oh wait duh i was thinking american apparel for some reason
@doriantaylor understandable, same energy
@ingrid "how the hell did they get away with that?" weird, "what in the fuck?" weird, or "wait, why?" weird? Or something else?
@jordantcarlson a little of all three? Like vice owns a company called JT Leroy Holding LLC and paid hundreds of thousands of dollars to a mommy vlogger and I can't figure out why. Also, the executive compensation stuff is pretty how the hell.
@ingrid the executive comp stuff is just wild. Especially when like... they laid off Waypoint! a profitable, subscriber-driven venture within the company! just not an Endless Growth venture. (they managed to extract themselves and spinoff Remap, but holy hell, what a weird two months)
and I assume this is all just the recent stuff, since like... McInnes and ilk came from there, too. years ago.
@jordantcarlson oh yeah this is all just financials from the last year
@ingrid new rip corp??