>>46141139Anycolor is a more versatile company, investors like that. Basically:
Cover:
>Solely focused on idols, a dying industry in Japan because it's competing with kpop>A much larger proportion of their revenue comes from Youtube, which leaves them overly dependent on another company for survival>Their attempts at breaking into new industries are very slow, pretty much just copying whatever successful idea Anycolor has>Their one fresh idea that they were ahead of the curve on, HoloEN, was only pressured onto them by a now-graduated talent. If the higher ups in the company had their way they would've invested in HoloKR instead.>Their proprietary tech is generally worse than commercially available options, so they can't generate money off of selling it>Their growth overseas has been stagnant for 2 years now, HoloEN revenue doesn't have a good outlook>Banned from China, a massive market that they can't capitalize on at allAnycolor:
>Focused on a wide variety of content, they don't have all their eggs in one basket and can milk fans from many niches>Most of their revenue comes from merchandising, owing to the marketability of their characters, so they're not as reliant on Youtube's jewish schemes>They're always chasing the latest trends to remain relevant, usually at the forefront of vtubing, and not afraid of taking risks that might not pan out like Yumenographia>Their tech is industry-leading and they often rent out their 3D studios to other companies>Growth overseas is rapidly expanding despite being slow to the EN market. Investors don't care that ID/KR got gutted because Anycolor lumped them into the JP branch in their investor reports>Does a lot of business in China and has the connections to pull off real life events there evenFrankly speaking if I were an investor looking to make a quick buck Anycolor is the obvious choice as they're still a company in the middle of rapid growth. This also shows the weakness of judging a company's capabilities purely in terms of profitability though, since Cover is obviously the better managed company internally, but treating your talents with kid gloves even when they refuse to do their job isn't a good look for investors.
