>>46067461There IS plenty wrong with that, even Cover admitted so in their Materials for Growth Opportunities and Strategies.
They literally said on page 31 in their "Risks related to the popularity, frequency of activities, and continuity of activities of our VTubers" section that "Our business performance depends to a certain degree on the popularity of the VTubers ... Therefore, there is a possibility that our reputation, business performance, and financial situation may be affected due to a decline in the added value of our intellectual property ... such as (ii) when the frequency of our content creator's activities declines significantly; or (iii) when it becomes difficult for our content creators to continue their activities."
In other words, lazy fuck streamers, like Gura, pose a real threat to the company and they are aware of it. They were hired to generate income and the biggest way to do that is to stream, period. Cover literally listed them not streaming as one of their 3 major risk factors.
