>>87556758meh, it's to be expected. startups have an average lifespan of 2-3 years before running out of investor money and cutting their losses. it's a complete coin toss which companies "survive" aka generate high-earning vtubers and which ones fall off into irrelevancy and eventually close up shop.
So far the only corpo that's actually survived long term is Phase Connect, but going off debuts and initial hype when they first started out, it was just another Holo copycat like Prism and Kawaii that would inevitably fail. Their debuts themselves and the initial plan of having EN + JP merged into one gen were a total flop. The fact they survived this long was purely off of Pippa's schizo fanbase desu.
Kawaii had a similar situation with Nene singlehandedly funding the company for years, but constant scandals and donothons eroded the "GFE" factor and resulted in them running out of money from paypigs leaving.
Then there's IdolCorp, who started off strong with tons of Jew money thrown into advertising, poaching high quality vtubers, bribing the YT algorithim, etc and it all amounted to nothing as their natural viewer retention was abysmal.
I won't even mention Prism's problems, besides Shiki not streaming.
More recent startups like Pixel Link, V4Mirai, Specialite, and VSPO EN are too young to say if they'll fall. But it seems vtubing is in decline and it's not worth investing in a new corpo if you don't have any novel ideas. "Just girls who stream and are cute" isn't good enough anymore.