Why did VEI take the chinese money?

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Why did VEI take the chinese money?

Post by valiantdude »

I was thinking today, what would have happened if valiant had not sold a stake to DMG. What was the point? I don't understand why a person would give a controlling interests to a Communist, hitlarian government, knowing that they were working around-the-clock to take your IPs from you...wtf..
With all the info coming out about Chinese censorship, and already knowing the fact that muslims are in concentration camps, organs are being harvested, etc..
It grosses me out to think that some of our favorite American made, comic book characters, are stuck like POWs in a Chinese hellscape

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Re: Why did VEI take the chinese money?

Post by hawkeyeps »

Initially DMG did not have control however they gained control when the Cuneos sold their shares to them, the first thing they did was to fire Dinesh and install Dan Mintz as CEO.

Had the Cuneos not sold out to DMG Dinesh would very likely still be CEO.

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Re: Why did VEI take the chinese money?

Post by valiantdude »

But DMG was always china..
China is nazi Germany and no one cares it seems like..
Why did they need that money?
Who made the final choice to say, 'yes...let's work with china'?

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Re: Why did VEI take the chinese money?

Post by slack »

I think Dinesh and company were in such a hurry to start making movie and tv shows based on the Valiant IP, they made some poor business decisions. They were into the idea of a cinematic universe from the beginning, rather than building a solid fan base for the comics first.

If they had tried to get 5 years of publishing behind them BEFORE they started considering movies/TV, Valiant would be in a much better position right now...(or maybe out of business).

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Re: Why did VEI take the chinese money?

Post by DirtbagSailor »

They took money because it was a fantastic opportunity to grow and expand the brand.

Yes, a certain level of risk exists in any large business move; however, it is HIGHLY LIKELY that Dinesh and Co. saw DMG as the “big break” they were looking for to make dreams come true.

Problem is that motives and intent are difficult to see early on, and they would have had zero way of knowing what would eventually happen. It is easy to Monday morning QB this now; however, had I been in the same position as Dinesh at the time, I might have made the exact same deal.

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Re: Why did VEI take the chinese money?

Post by valiantdude »

But china? Morals? Ethics? I'm just trying to put myself in their shoes..and consciously be like, 'okay I know about all this stuff, (Chinese communism, atrocities, sweatshops), but it's a lot of money'
How do you turn a blind eye from a business sense?
From even a karmic perspective it seems like they could've attracted more success by being cleaner energetically..
Not selling to satan, or Trusting satan to be a business partner, or investor period... from a biblical perspective I think we all know what working with satan does and how that turns out
I'm not religious btw just sayin...

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Re: Why did VEI take the chinese money?

Post by betterthanezra »

It wasn’t just the Cuneos that sold them there stake it was also getting Jason Kataries share that put them into the controlling position they found themselves in..

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Re: Why did VEI take the chinese money?

Post by slack »

Pretty sure there was also a contact clause that allowed DMG to assert themselves more IF a film wasn't ready by a certain date. I think they missed that date, and DMG exercised their clause-given power.

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Re: Why did VEI take the chinese money?

Post by kjjohanson »

I won't pretend to know a lot about the business & investment details of VEI, but one thing that has been obvious to any fan of Valiant from before the bailout was that Dinesh loves these characters. For the Cuneos it was perhaps more a business decision. I don't know how much influence each person had regarding new investments, but if I had to bet, I would say that Dinesh wouldn't have made decisions that would result in the loss of control of the characters he loved if it was totally in his hands. His tweets around the time of the completion of the DMG takeover (about history repeating) suggests to me that, like Shooter's Valiant, he needed investors' money to get the ball rolling on VEI, and those investors had the pull to bring in DMG investment, even if it meant risking losing control of the characters.
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Re: Why did VEI take the chinese money?

Post by lorddunlow »

I think the DMG deal was a simple case of DMG had capital to invest and VEI needed an influx of capital to keep producing at the rate they were, attracting bigger names, increase marketing, etc. Plus, DMG was a foot in the door to make movie deals.

They were a minority investor and no threat to the creative side. The takeover was a hostile one with several people "selling to the enemy". I don't think the creatices at VEI saw it coming u til it was too late.

Dino made out well from what I hear, but I'm sure the money just lessens the blow of losing control to DMG who looks to be running the company into the ground. I sure he'd rather be helming the company as they break into Hollywood after so much work done to pull them from the ashes.
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Re: Why did VEI take the chinese money?

Post by jmatt »

Because it's business, not politics or ethics. Do you buy anything made in China? Lots of companies operate in China.

China is a lamentable state and I dislike a lot about it. But in business, money is money. :twocents:

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Re: Why did VEI take the chinese money?

Post by lorddunlow »

Also, DMG isn't China. It's an American entrepreneur who saw an j tapped business opportunity in China and filled a niche to market American movies there. If DMG is China then Toyota is American.
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Re: Why did VEI take the chinese money?

Post by Blood of Heroes »

Image









but, yeah, the communists are monsters.

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Re: Why did VEI take the chinese money?

Post by agent_graves »

They needed it!! In hindsight I wish they didn’t. Sh!t hasn’t been the same without, Dinesh, Warren, and Hunter... :cry: :?
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Re: Why did VEI take the chinese money?

Post by Oxmyx »

Blood of Heroes wrote: but, yeah, the communists are monsters.
Are you referring to China communists or communists in general? Either way, you're not exactly wrong, but I'd have to add that predatory capitalism as done in the good ol' US of A is pretty damn monstrous too. Throw in a perpetual war machine designed to profit off death (Innocents be damned), accepted torture practice, and government based on legalized bribery, and I'm not sure we have lots of room to demonize China
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Re: Why did VEI take the chinese money?

Post by valiantdude »

Yes we do...wtf.. CHINA IS A**HOLE.. dude were about 9000 steps away from china... hence my disgust

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Re: Why did VEI take the chinese money?

Post by slack »

Valiantdude... Do you make sure that none of your electronics use Chinese parts?
If you're using anything that's made in China, you're also guilty of supporting the "communist monsters"

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Re: Why did VEI take the chinese money?

Post by valiantdude »

I try my best where I can, I dont buy Chinese clothes or shoes.. the stuff I'm forced to buy out of necessity, is unavoidablw.. I don't shop at places like walmart.. But if I started a business, I would never take on Chinese blood money, I just have high standards I guess

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Re: Why did VEI take the chinese money?

Post by valiantdude »

Image

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Re: Why did VEI take the chinese money?

Post by wrunow »

I have a feeling the downfall was caused more by Kothari than Cuneo. Just my thoughts.
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Re: Why did VEI take the chinese money?

Post by Blood of Heroes »

Oxmyx wrote:
Blood of Heroes wrote: but, yeah, the communists are monsters.
Are you referring to China communists or communists in general?
Image

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Re: Why did VEI take the chinese money?

Post by valiantdude »

BOOM!! Haha.. Interesting people take Communist money for capitalist ventures...

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Re: Why did VEI take the chinese money?

Post by putz »

Maybe China saw it as a way into a market they havent yet touched.
Phones-electronics - check
Solar energy -check
networks - check
clothing - check
manufacturing -check.
software - check
AI- check
University labs - check
Building contracts around the globe -check
shipping - check
They could have looked at the popularity of the Marvel movies and thought, now we need in that business.
Are there any comic characters that have been around for a while that are owned/controlled by someone that needs some "investment"?

hummmmm
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Re: Why did VEI take the chinese money?

Post by Blood of Heroes »

valiantdude wrote:BOOM!! Haha.. Interesting people take Communist money for capitalist ventures...
My take on the Cuneos is that they are inverstors first and foremost. Their goal is to get the biggest return on their investment. Money talks and bull *SQUEE* walks.

putz wrote:Maybe China saw it as a way into a market they havent yet touched.
Phones-electronics - check
Solar energy -check
networks - check
clothing - check
manufacturing -check.
software - check
AI- check
University labs - check
Building contracts around the globe -check
shipping - check
They could have looked at the popularity of the Marvel movies and thought, now we need in that business.
Are there any comic characters that have been around for a while that are owned/controlled by someone that needs some "investment"?

hummmmm
You forgot the NBA :wink:

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Re: Why did VEI take the chinese money?

Post by putz »

Blood of Heroes wrote:
valiantdude wrote:BOOM!! Haha.. Interesting people take Communist money for capitalist ventures...
My take on the Cuneos is that they are inverstors first and foremost. Their goal is to get the biggest return on their investment. Money talks and bull *SQUEE* walks.

putz wrote:Maybe China saw it as a way into a market they havent yet touched.
Phones-electronics - check
Solar energy -check
networks - check
clothing - check
manufacturing -check.
software - check
AI- check
University labs - check
Building contracts around the globe -check
shipping - check
They could have looked at the popularity of the Marvel movies and thought, now we need in that business.
Are there any comic characters that have been around for a while that are owned/controlled by someone that needs some "investment"?

hummmmm
You forgot the NBA :wink:
HAHA!!

You are correct sir.
NBA - check
Building islands - check
Every accomplishment starts with the decision to try.
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