im suprised no one commented about the "2nd racism" on the halo
@bmw4life10 годин тому
So its basically again the juice doing again what they can do best, f... people over in order for their own "criminal" profit. While the real person behind the company the german founder Thomas is standing for people who belive in his company, and even declining insane offers from the juice because he has a soul the make him look like the villian of the story... History repeats itself! Great video and greetings from Germany
@deevizm803510 годин тому
I would like to see a qualifying lap shoot out with the championship winning cars of every year since, I don’t know, the 80s? Maybe do it in groups of 3, ghosting them iver ea h other, just so the video doesn’t take like 2 hours. I know that’s like 40 odd cars, but seeing a side by side comparison of each car would be great to see. I’m sure it would get a lot of views. But would also take a very long time to create too. Maybe even make it a series. Do the 80s cars, then the 90s and so on. Then at the end, get the fastest 5 and out them together as ghosts. I feel like the newer modern cars would enter high speed corners faster due to such advanced aero, but the cars like the f2004 would wreck everything else in acceleration due to the weight and power.
@sleazymeezy14 годин тому
My casual ahh just happy to play GTR cup tokyo east for 120k credits for 8 1/2 minutes of racing. Add in menu times and maybe its a mill even for one hour gameplay. I still cbf doing that for 20 hours to get some of the legends cars. I mean, after th R92CP and the 787B what and the Toyota...uh... you know the one, what else is there to get. Disclaimer, JDM fanboy ymmv (:
@declspec20 годин тому
You're alive :D
@LukeplaysTV21 годину тому
5:23 how does he just simply make the transition from sim to real life like how did he buy a car
@IkariSniper22 години тому
Wow, just wow! I came to this video, tried your settings with my G920 and all I can say is that Forza Motorsport feels like a whole new game for me now. It's amazing how much the driving experience changes with this settings, but it is what it is lol Thanks dude, my Nissan 370z feels better than ever after this video 😄
@blueferrari39723 години тому
Why would we voice our support for a CEO who totally ignored his customers at all levels? Both sides of the fence are very dirty. Corsair should be a good fit, as their customer support and iCue software is at that same poor level.
@redcobra1246День тому
This is essentially a crypto rug pull but 100% legal. Sheesh.
@JavierMaresДень тому
"I think you would understand any presentation using the word EBITDA (earnings before interest, taxes, depreciation, and amortization) if every time you saw that word, you just substituted the phrase 'bullshit earnings'." Charlie Munger
@alperduman9294День тому
Great video. I didn’t know about any of this, it’s insanity
@tubby921День тому
I literally just got a mid roll ad for fanatec 😂😂
@scottmeredith3359День тому
Someone lost a lot of money putting his eggs in the Fanatec basket and is just whining about the consequences of a mismanaged company being taken over. Laughable. Fanatec screwed me repeatedly, I have no sympathy for you poor shareholders. (This also raises questions about why you abandoned this YT channel, sounds like this channel was just for propping up Fanatec products to help you cash in). What a sob story.
@tubby921День тому
Look at big boy thinking people care what he has to say😂
@JohnMacafleeДень тому
Hey, never seen your channel but that financial outlook/offer (17:00) is crazy! And to reject it!? Thomas is wild for rejecting such a large payout, even with an under-performing scenario for the company. Massive respect for the man.
@jamesbiser858День тому
Hello future here corasir is buying fanatec us has laws about defrauding share holders and corasir wont want the negative pr so we are possibly ok
@koneanДень тому
Strange Video... It is missing the part how they got in this situation. Imo if Fanatec closes the doors nothing of value is lost looking at the last years.
@JohnBaxendaleДень тому
Do not buy Fanatec products, they're a binfire of a company.
@Zedgo99День тому
"Who built it to what it was" Shareholders didn't do that lol.
@monstabonza9168День тому
Update please,, Corsair bought??
@RAZINSKIДень тому
Dude was just trying to use his platform because he's worried his investments are a bad move. He's not a majority holder and wasn't aware of what was happening. This video is honestly embaressing.
@jonaswoxДень тому
the fanatec simracing cockpit is a complete joke. the most expensive piece of garbage of the market. QC is non-existent.
@clintcolombinДень тому
@gamersnexus needs to get on to this too
@RabbitConfirmedДень тому
That's Germany for you.
@twin.scrollДень тому
so does this mean i shouldnt have bought a wheel setup 5 days ago?
@RyzardДень тому
Y'know, usually I'm used to the SHAREHOLDERS being the issue and predatory investors, not exactly... victimized like this. Laws can be weird.
@NuRaLoQiДень тому
Legalized greed and theft. Imagine trying to launch a company in German when there are laws that allow to someone with more money and power to legally steal your stuff. Amazing. And to those misunderstanding the issue, the issue is not that there are proceedings for failing companies, the problem is that they legalized a way for the board to go against their directives to care for shareholders, and essentially rob the company from the shareholders for a new investor, if that investor convinces them to with enough money. This is legalized bribery and theft.
@TheYogiCollectionДень тому
Makes me wonder how many other companies were raided liked this in the past. Wow.
@forbiddenera2 дні тому
And I was just about to buy a bunch of stuff from them...gonna wait now 😢
@forbiddenera2 дні тому
Or do I get it while it might be possible? And risk no future support? Vs little other alternatives.. considering their logo is permanently on ea wrc cars suddenly, can't believe they owe so much wtf
@forbiddenera2 дні тому
And I'm open to others but when you look at the config files for games or what they support out of box properly, what do you see? Fanatec and Logitech, that's it.
@andreasotto19772 дні тому
What we also have here, is a video of a perfectly focused microphone and a blurry Ermin.
@fishblade22 дні тому
I think the main thing in today’s time is you see a trend that’s not great for either console or PC. in console, you see Games that force micro transactions onto its player base, on PC you get online only focused racing games with no care whatsoever to a single player campaign, and worse of all even less care to a co-op experience with AI. Forza, computer AI online multiplayer lobby for no reason and even when a mass majority of its player base complained about it, they ignored them. Even upcoming titles, such as Rennsport that claim they’re going to be the next simulation game or once again only making online lobbies we competitive Driver levels. much like a realistic game gets physically and mentally draining when it’s difficult to drive so does racing people online. Between this fact and the fact that the more simulation game seems to claim it is, the less chance of mods being available, means that the game is only gonna have a lifespan as long as the developers allow it to exist.. there needs to be more like GT7 with an expansive amount of things to do career mode that could even be played with a friend, co-op experiences online against AI computers in private lobbies, with physics that you see in a lot of high PC simulation games. Games need to do this to target both people who want to make adjustments to their cars to shed milliseconds off their lap times for competitive racing, as well as casual players who just want to have a fun experience with friends each group though finding what they want in the different modes available but not lacking at all in FFB. Adding mod capability on top of it and you have a game that will easily stay alive and have a big enough that would be easily willing to purchase DLC created by the developers. These racing titles, where you have to pay for a server or buy every car and every track game that comes out with a car or track base and then charges DLC around every corner or games that are online only and then the server closes because they bring out a new game and you’re left having a single player game that has a 10 hour campaign and you no longer can have fun with your friends needs to stop. But people keep buying them so they will keep making it…
@platin21482 дні тому
Well i think if the thing is going that dire like it was for Leoni the investors would have let it die. And it would not have any contracts anymore anyways. Like i think it’s even more unethical to destroy the company and then try to rehire and buy the left overs. Which btw. would have cost to lose the entire stocks also and it would have been highly unlikely to get any money out of it as the production facilities as in the bigger ones got hit pretty hard by war. I suspect on purpose destroying the value this actually is against the law but you’d have to proof that they do it on purpose.
@RealAnimeHours2 дні тому
PLEASE I need a DD wheel for my PS5. Someone, ANYONE step up.
@user-ko4tz1cf8o2 дні тому
The outcome of the Fanatec scenario has zero impact on sim racers. Sim racing is only going to get bigger and there are lots of other companies who provide racing equipment. Fanatec being part of it or not will have zero impact on the growth of this industry.
@GeoffRichards_GP2 дні тому
Announced today, May 9th "CORSAIR PURSUING AN ACQUISITION OF FANATEC, THE LEADING BRAND FOR SIM RACING HARDWARE CORSAIR® (Nasdaq: CRSR) announced today that it has entered exclusive negotiations to acquire sim racing specialist Endor AG, owners of the world famous Fanatec brand. CORSAIR has reached an agreement with Endor to fund its short-term cash needs while both companies negotiate a restructuring of Endor’s approximately €70 million of debt, which will ultimately result in CORSAIR acquiring Endor if the transaction is approved under a German law governed insolvency process."
@oriangalore2 дні тому
The Jews are ruining fanatec.
@picar32 дні тому
I really feel sorry for the shareholders of fanatec. The German StaRUG law is the devil's law. I will not invest in Germany as long as this law exists, it looks like a takeover, dismantling and sale cleverly set up using the StaRUG law.
@m00ninite2 дні тому
Aged like milk. Corsair acquisition will smooth things over.
@steirerblut_2 дні тому
Try again, basically everything Ermz pointed out became true. Its still a StaRUG! All current Shareholders including Jackermeier are losing their whole Investment! Basically the only difference is its not being sold off to a Hedge Company instead to a company that perfected selling rebranded chinese OEM Products with a fancy sticker and some RGBs whilst maximizing profits. Truly a sad day for the sim racing Genre; my condolences to all investors who believed in the company. Thanks to Fanatecs staff for years of innovation and hard work.
@d.o.52382 дні тому
@@steirerblut_ Why shouldn't they lose their investment if the poor management of the company ran it into the ground? I understand that it sucks for them, but it is what it is
@steirerblut_День тому
@@d.o.5238 because there was a 25m financing solution on the table. Why not exploit that before you dump a company with a market cap of 200m EUR for 70m EUR. This whole deal stinks kilometers against the wind. It literally does not matter if the companies name is corsair or birkenstein capital.
@d.o.5238День тому
@@steirerblut_ maybe because that wasn't actually the ultimate solution and would only prolong the drama? As of even a few days ago, it wasn't a 200m market cap company, far from that. It was a company 70m in debt that they couldn't pay and with lots of ongoing operation issues. As I customer, I welcome Corsair buying it and I hope they will turn the things around. I could care less about how badly owners get hurt. They had all the time to fix things before it was too late, but they never did. Tough luck
@steirerblut_День тому
@@d.o.5238 I just wanna set this straight: 1.) Endor AG had financing package on the table to keep a company with a market cap of 200m EUR going 2.) The sole function of a board in a public limited company (AG = Aktiengesellschaft) is to represent interest of its share holders. As in: NOT the interest of the customer. NOT the interest of a potential buyer. 3.) The board at Endor AG confirmed there was 25m EUR investment package on the table to keep the company going. Exactly the sum which it says it required to keep the business going! Exactly the amount they needed to "fix the things before it is too late". Huh? 4.) The board at Endor AG decided to NOT act in the interest of their share holders. To quote you again "to not fix the things before its too late". To ransack all of their share holders and set the value of the company to 0 EUR. As in Zero, nada, nill. 5.) The shiny knights (as in they have a lot of RGB stuff going) at Corsair came to the rescue and are now helping 0 value Endor AG to pay in taking 70m EUR debts. I mean the company is already worth 0. Might as well take it! I guess that is really some tough luck if those you are paying to work in your interest are starting to work against you. Strip you of your money. But hey, some packages where delivered late. The web shop did not work right. And the suppliers did not deliver in time. They probably deserve to lose it! Ill tell you what happens next after a StaRUG. The company loses most of its suppliers as the product portfolio gets "optimized". People lose their jobs. People still in the company are less motivated. Support, deliveries, production, product development .. it all gets worse because .. guess what. The remaining staff misses their old colleagues and maybe they also had shares of the company. Tough luck I guess.
@ronnyspanneveld81102 дні тому
Come on could be worse, like Cosair buying it.. Whahahahah never bought anything of they stuff since one can not buy it anywhere :P (except their own website)
@slof692 дні тому
fanatecs stuff breaks anyway
@randipoling6352 дні тому
Well.... Glad I didnt buy Fanatec.... Guess I'll go with Moza?
@michelvanbriemen34592 дні тому
Well, it seems pretty clear to me what the best course of action is. Dump the stock, forget Fanatec ever existed. It got into this mess on its own. It's hopeless to try and protect an investment from losing all value after it already lost all its value through the obliteration of consumer trust. The general consumer and sim racing enthusiast has been shafted by Fanatec's business practices that directly caused this predicament, and won't rally into formation to save the precious brand.
@neverenoughgames722 дні тому
As some others have mentioned, this video is very baised, and not objective. This is very understandable since you yourself are financially involved.
@neverenoughgames722 дні тому
Ive seen Fanatec's YT comments making fun of cuatomer complaints, it was incredibly distasteful, and showed their ego.
@SaintRukus2 дні тому
Wait, is that how EBITDA is pronouced in europe?
@eddiedrag442 дні тому
Global Ponzi-Scheme
@eddiedrag442 дні тому
Now it ALL makes sense...no wonder 98% of their product is "pre-order" only... Ha, they FUQT everyone...took the money and run... And I use a Fanatec DD2 and CS F1 Rim and SimWorx pedals...so wish I would have gone asetek or simucube or moza...what a shame 😢
@lukew67252 дні тому
German law is fucked.
@Raima888s2 дні тому
You know what you need? The support of F1 teams and drivers to shed light on situation
@automaton4502 дні тому
LOL! StaRUG is happening! Failtec is DEAD! Long live Failtec!
@specscheck9522 дні тому
corsair have bought it
@mowgli56792 дні тому
Oh I get it you made the video cus you’re scared of your shares getting swallowed.