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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Dr. Ellie Lockhart. Republic serial villain.‏ @BootlegGirl 19 Jan 2020

      Ok, explain something else to me about stocks: the company issues stocks, usually an an IPO, sometimes other times, basically taking out a loan, yes? Why does it then matter to the company how much those shares are worth in the future? Why does it care what it's trading at?

      15 replies 0 retweets 5 likes
    2. ike  ✡️  🚨 🔁‏ @iBreezy6 19 Jan 2020
      Replying to @BootlegGirl

      It's not taking out a loan. It's letting people buy ownership of it. Then those people have a chunk of property they can hold onto or resell as they please.

      2 replies 1 retweet 9 likes
    3. Dr. Ellie Lockhart. Republic serial villain.‏ @BootlegGirl 19 Jan 2020
      Replying to @iBreezy6

      So it's more like a Kickstarter then?

      2 replies 1 retweet 4 likes
    4. ike  ✡️  🚨 🔁‏ @iBreezy6 19 Jan 2020
      Replying to @BootlegGirl

      Honestly I'm not that familiar with how Kickstarter works.

      1 reply 1 retweet 2 likes
    5. Dr. Ellie Lockhart. Republic serial villain.‏ @BootlegGirl 19 Jan 2020
      Replying to @iBreezy6

      People give money to a company or creator to make a thing, in exchange for the thing and input over the thing. Only difference is they can't resell that power

      3 replies 1 retweet 2 likes
    6. Dr. Ellie Lockhart. Republic serial villain.‏ @BootlegGirl 19 Jan 2020
      Replying to @BootlegGirl @iBreezy6

      So for instance, I was financially irresponsible in grad school, so Torment: Tides of Numenera has a corpse named after me

      2 replies 1 retweet 7 likes
      Arthur Chu‏Verified account @arthur_affect 20 Jan 2020
      Replying to @BootlegGirl @iBreezy6

      Kickstarter is kind of simulating the idea of investment without actually being investment (because there are very strict laws about investing in privately held companies, to protect people from being scammed)

      6:26 AM - 20 Jan 2020
      • 2 Retweets
      • 12 Likes
      • Goodbye Ghostfly Spring Heeled Jack Jake Hamby Orman Dr. Ellie Lockhart. Republic serial villain. IT’S ALWAYS PSL SEASON 💐🌳🍄 Kensan_Oni ike ✡️ 🚨🔁
      2 replies 2 retweets 12 likes
        1. New conversation
        2. Baal Ska Tov‏ @mssilverstein 20 Jan 2020
          Replying to @arthur_affect @BootlegGirl @iBreezy6

          Yeah, it's ultimately more like PBS: a donation with a gift in return, but without the value of the donation matching the gift.

          1 reply 0 retweets 1 like
        3. Arthur Chu‏Verified account @arthur_affect 20 Jan 2020
          Replying to @mssilverstein @BootlegGirl @iBreezy6

          Right, and to avoid running foul of the federal law protecting "unqualified investors", KS *can't* sell actual investments of any kind Kickstarter backer rewards cannot promise you any kind of cash return on your money

          2 replies 0 retweets 2 likes
        4. Show replies
        1. New conversation
        2. Arthur Chu‏Verified account @arthur_affect 20 Jan 2020
          Replying to @arthur_affect @BootlegGirl @iBreezy6

          You can, obviously, be scammed on Kickstarter still, but it's a model of fundraising designed to put strict limits on what you were promised when you paid your money, so there's a limit on the liability the company bears if they don't deliver

          1 reply 2 retweets 6 likes
        3. Arthur Chu‏Verified account @arthur_affect 20 Jan 2020
          Replying to @arthur_affect @BootlegGirl @iBreezy6

          Hence the notorious fact that KS fails rarely get taken to court because of the inherent difficulty of organizing a class action lawsuit among thousands of people who are all out $50

          2 replies 2 retweets 7 likes
        4. Show replies

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