*Seeing some negative comments being made toward creators who were involved. These were people who knew Triple personally and knew him well, and some were even partnered with Evolved at one point. Don't flame any of these folks. I hope that we would be so lucky to have friends that would give us a lending hand in our time of need. It's a shame how this all played out, and hopefully they get their money back.*

TLDR in destiny terms: spider didn't pay Zavala back for his loan of 100k glimmer

Had me real worried for a sec. Had no idea what was going on and thought someone was outed as a Minecraft KZfaqr or something.

Cross was smart demanding the financials first and not giving anything when he didn’t receive them

A loan is absolutely not an investment. A loan REQUIRES repayment regardless of performance.

100k is a LOOOOT of money. Damn, it's fckd that jake has to go through this when it was someone he was confident would pay em back. Glad he had some documentation.

Triplewreck? There's a name I haven't heard in years.

Incredibly smart to ask for the paperwork before sending any money.

Sucks to see someone else who had a decent following and was a fairly big mainstay in Destiny (Triplewreck, I’d say was still a fairly popular streamer for a while) gets in shady business. “Pretty dumb for Jake to give them that much money” it’s a loan, the same thing banks give you. And what happens when you don’t pay to a bank? Your stuff gets repossessed. Jake didn’t get paid back, he’s suing for that loss, as he’s allowed to do, and deserves to be paid back. Good on him for exercising his rights and protecting himself

Jake seems like he gave them every opportunity to pay him over the last few years. Jake doesn't even need the money, it is a matter of principle for him.

When money is involved, no matter who it is, Family, friends, or lovers. It always changes people.

Enhanced due diligence is what Cross is referring to when he asked for balance sheets. Just assets and liabilities. This is standard practice.

Realist shit a teacher ever taught me was this. “If you want to get rid of someone, lend them money.” Life lesson learned at 17. Also only loan money you can do without, and don’t expect back.

I remember coming across some words of wisdom on this. Never lend friends and family money. If you give them anything it's a gift.

I DID get the financial statements, and decided to risk it and invest. I'll probably do a whole video about it. But damn. We go swindled lol.

In other news I finally got Conditional Finality this morning before work XD

Oh shit drama

I cant believe people dont know what a loan is and what it entails for both parties. I have seen some crazy takes on twitter and yt comments

Never loan money. It’s a hard lesson to learn.

There needs to be a courtroom in savathuns realm where guardians go to court in game

Financial Professional here A loan is NEVER an* investment

I can't imagine staying at a company that hasn't paid me for SIX MONTHS. If I work somewhere and I don't get a paycheck even once, I'm out. It almost never gets better from the first missed check, no matter their excuse.

I feel bad but you do have to be incredibly careful with that much money. Even with paperwork and contracts it doesn’t meant they will pay. Not entirely his fault, of course. Let’s hope it’s sorted out fast and not another case that gets pushed under the rug.

My mate still owes me a tenner Gotta be careful out there fellas

Conctracts are absolutely not meaningless if they can't pay. They hold value in that exact situation, because a contract in a court-process actually matters. And handshake? A verbal agreement? Good luck. Get a contract for large financial transactions and business agreements, always.

Friends and money never mix. Do NOT EVER loan friends money. It will always bite you in the ass.

I remember a video Panduh posted a while back about why he and some others left G1. I can't remember the details but it was along the lines of horrible pay, so this is no surprise to me. A real shame considering how cool that G1 montage was lmao

It's scary people watching don't know the difference between a loan (only has fixed interest) and investment (capital gains/loss based on value change) and in bankruptcy creditors are paid before equity holders.

Seeing this is wild after Gamer's Nexus put out a video yesterday about nearly the exact same situation with EK Waterblocks. The wider computer hardware industry has been taking it on the chin the last couple of years after the Covid bubble.

Money is the one thing that I refuse to give to friends or family members. That stuff changes people, and you can never be 100% sure that you'll get it back.

Loans are never risk free. Just ask any bank - there is a rate of default even if it’s close to zero.

I used Aztecross's code for Evolve ages ago now when he promoted it. It still kicks ass & I appreciated the discount but it's kind if sad to now wonder if the warranty will disappear with where ever they've gone. Glad to know some people were able to dodge the shittery happening.

Jake should bring this out in the world as he is doing. Facts stand tho that if a company cannot get financing from banks or appropriate institutions the should NEVER get it from friends or private lenders. Unfortunately I believe than lawsuit or not Jake is gonna have to forget is money! 💸💸💸

No good deed goes unpunished

Don't loan money to friends you aren't comfortable never seeing again. That goes for the money and friend.

Saying zero risk in any loan is untrue unless you're a bank or a company that has insurance for said loan

Moral of the story don't lend friends loans they can't pay back ruin friendship

Damn. TripleWreck. I remember playing with him back in D1. Really good player back then.

There's two ways to handle loans and either is fine in my mind. Growing up my dad always said "a loan to friends and family is a gift. If they pay you back, great, but if they don't that's also fine". I've always treated things that way. The other way is to make sure to have a contract in place. Glad to hear Jake was smart and had contracts all along. Hopefully he can recoup at least some of his money.

Cross, you sound knowledgeable in finance, showed great wisdom in asking for that balance sheet.

Aztecross, I just wanna say you're always a super chill dude to watch, and when it matters, your opinions seem level headed and honest. Just wanted to say I respect you and the community you've built. Keep it up 🤘

its crazy how much bread yall boys are making in the content space.

Well done fellas, its good to see people come together as a community like this.

What's sad is,I've seen many small businesses go under due to so called bigger businesses not paying up for services and supplies

Damn, I watched Kenny when he was playing at Texas. This is sad to hear

People are saying “friends” but real “friends” don’t change because of money

regardless if its a long time friend, family member or colleague.. research or findings should be done to see if they have lent money from others and paid them back, basically their track record needs to be seen by any means before giving a large some of money as a load.. coz its the people closest to you or the ones you (think) know the best that betrays you the hardest.

My parents always told me the best way to not lose a friend is to not give them money. Once you give them it, the situation between you changes.

I was very involved in the D1 sweats community (I was in Invigorates main comp team). I knew triple along with other members or IAM, Godsquad, BSK... If you knew any of those people behind stream curtains its baffling to know people would ever invest or trust someone like Triplewreck with money.

This sucks for GJ, but serves as a great lesson for the rest of us, especially thise who are just starting to work and gain financial independence: don't loan your money out

Glad to see the mention of wanting financial docs. That was smart

This reminds me of the MXR Plays situation. Same amount too. $100k.

A couple of long term friends asked me to co-sign a loan for them but I said no. Never put yourself in a position like this. Friends and family will F you over money. Money will make even good people do bad things to you.

It sounds like he addressed the video to the judge haha.. He making his case.

If a friend ask for money. You can ask for financial to see the cash flow and operating cash flow to understand if they are burning cash or making cash. Also look at their inventory and backlog to see their furture availability to make money. And then you write a contract with warranties and liquidate damages if they fail payment. You need to have clear triggers

These stories were in Sports Illustrated last year. G1 hasn’t even paid it’s Staff, or it’s Teams.. like the Original team rosters. And, as mentioned, even the multi million dollar facility they did in Texas last year. Soooo… what’s 100% of 0? Unfortunately, that’s what it sounds like this lawsuit will turn into.

Dodged a bullet there man, smart questioning 👊🏼

Not giving anyone 100k, I'm not a bank. Shame he got played. Kenny in the wind somewhere in the Philippines.

Smart move cross! Always ask to see the books before you get involved!

@Aztecross This is very important real-life shit that happens all the time. I'm glad you made this video and gave a perspective because most people would go the friend in need route and not think much of it other than: "Ok, pay me back whenever agreed upon." There's always a question worth asking, always a piece of the puzzle to fit, and you should never feel guilty asking to see proof or validity before potentially parting with what could be make or break money for your own well-being or your family.

Why give anybody a loan(Over a phone-call)? Especially to internet acquaintances which I assume they are to Jake. Like maybe a friend I grew up with could get 10 grand off me if he really needed it but 100,000......Jesus!

Sucks he tried to help and got shafted sorry Jake

I met Ari when he moved to Dallas and lived there for a short time, got to find out a little more about him and he never came across me as someone who would be involved with something like this. As the saying goes, and I learned it well the hard way from members of my own family, money does things to people, and looks like it got him too. Its ashame and unfortunate, and Im really disappointed to hear all of this with his name involved. However, this also isn't the first time he has been sued before for not paying someone including his own employees, so yeah.

The problem with going to court is that if/when they rule in your favor, they do not oversee repayment. You can go back to court over somebodies lack of payment because of that. Good luck getting the funds back.

There is no way a loan is ever considered an investment

Never loan money to anybody who has a silly pirate nickname...

Good for the kids watching to aware of this situation going forward in life

Having purchased an Evolve PC I'm happy with the results, but given all the issues that followed that delayed my pc by several months I'm not at all surprised by this outcome, even if I don't know who any of these people are.

Who thought this vid would be about Jake cheating in trials 😂😂😂

Gamers thinking they are business men and women.. No different than 20 year old athletes making bad decisions..

Love these kind of "inside baseball" videos. Industry talk is so interesting to me.

Hope everything works out for everyone involved 🙏

Unfortunately, in Texas, if you win a lawsuit, there is not much to be done. They can't garnish your paycheck. They can't take your vehicle or home unless you own more than one. All they can do is put a judgment against you. But again, whatever house is homesteaded, primary vehicle can't be taken, and checks can't be garnished.

Jesus Christ is Lord, King and Our Savior!

I really enjoy this type of content, always seems like cross has quite some knowledge on such topics

That's rough to hear. Sorry Jake and all the others eho tried to help out. Hopefully yinze will get some of your money back. With the time that the legal case and lawyers fees will take I doubt it will come close to the original amount lended. Money can bring out the worst at times unfortunately

Jake again complaining about something Just go through your lawyers.

Gernader gets carried in trials for his streams and moans and cries whenever someone outskills him, so I don’t care for a single word he says

Idk that his lawsuit has any legal standing unless he got everyone to sign contracts and not just any contracts either they have to be court/state recognized contracts. Any other "paperwork" will have no legal standing in court and the state will tell him it's his own fault for giving someone 100K off of their word.

I still remember Linus frim LTT once saying that getting into the PC building business is very volatile and not secure to invest or loan in.

Having been in the D1 community so long, seeing the stuff with lono and now this is like a current boogie nights redo. This stuff is so crazy!

For me it has always felt like money makes it too easy to burn bridges with people, no matter how close. I always have tried to be good enough with my money where I never have to ask people for loans because driving close people away because of money scares me.

Did Jake cover this on stream?

Anytime a business can't get a loan from the bank for there business it speaks volumes and maybe you should follow the banks lead not a good move at all

Tough break, it'll likely cost just as much to take it to court and civil judgements aren't immediate. It'll be a long process and probably wont be worth it unfortunately.

terrible situation, but glad we got to hear your side cross.

I forgot cross was an accountant.

Smart of him to keep legal docs.

Wild how many people are of the mindset of if you give any money for anything, contractually or not, you are not guaranteed any of it and you are perfectly fine to be lead on over months and then ghosted, and that that was your own fault. Contractual agreements mean something and it is important that people be held to them legally or else stuff like this will happen all the time, and we would live in a world where nobody will help each other. Hoping the best for everyone affected!!

I agree that this needs to be public. A loan is always a risk, which is why Jake was wise to take whatever precautions he took that he was referencing in this video. Obviously there are no guarantees, but it sounds like he worked to make sure he had legal ground to stand on if the loan repayment plan fell through. And for those saying "it's just a risk/investment/don't discuss publicly" It's obvious that Jake at least took that route for a while. He could have said something a good while ago, but didn't. He worked with them, he talked to them. And it sounds like he was even a little flexible with them around payments and such. But eventually, it turned out that playing nice wasn't going to get him anywhere. And if that is the case, then these people are dangerous because they will repeat this behavior. Publicly posting is less about shaming them, and more about warning other people away from them. I know it shouldn't be surprising, but I always find it somewhat surprising when this side of a streamer or video content creator's world shows up. Virtually all of the times I'm watching someone like Jake or yourself, it's while you're at work playing the game. And while I know behind the scenes it's a brand and a business. It always feels a little disorienting to hear you guys talk about the business side of things. Because in my head, ya'll are just other gamers like me and my clan. I forget that you're also business people, sometimes with whole teams that you manage. Sometimes I think I could do streaming and content creation. But I know I don't have the business sense to actually make a brand that works and lasts. It's impressive. And I think Jake was more than generous here. I hope he gets at least some of his money back, but at this point it sounds doubtful.

Its insane how many businesses have started and gone under due to mismanagement the last five or so years

I never saw the good in G1 when they first came to be. After SoaR Destiny, things in terms of contracts and other things weren’t looking promising. I knew some players in the team, some personally, some haven’t talked to in years prior to them joining, but they all came out talking about the problems with G1, Kenny, and others I won’t list because I don’t remember the details. Sad to see it spiral into this.

This would be viewed as minimal risk and not an investment. This would be under the terms of a loan as aztecross said in the video. But typically things viewed as high risk often have the highest reward but something to keep in mind that should be considered when it comes to any kind of financial involvement and it comes to freinds and family its best to not enter any kindnof financial agreement or when you do finance something with freinds or family then do so with the mindset that the money wont come back bc alot od the times you hear that story its always someone close to them that didn't pay them back 😞

8:12 is exactly right. If it is a ponsy scheme which it sounds like it is the only thing Jake can do is shed light on it and seek legal action

Wow, this might explain why it took so long to get my Evolve PC. Literally, like a year

I've know Jake since D1. We used to run trails carries together. I cannot believe that he is going through this.

Never give a friend a lot of money. It's a very common way that many friends fall apart. Get them a gift? Sure, but loads of money is only gonna to complicate your relationship 99% of the time

This is super unfortunate. Glad Jake protected himself.

Also: if a friend is asking you for a loan, they are likely asking because they know the bank won't do it, making that transaction all the riskier.

It's good to bring attention to it, but man if I'm his lawyer(s) I'm face palming right now. Never discuss anything about a case online on social media, that's like 101. It might not be much or anything at all, but attorneys are so good about spinning things, you never know what it might F' up in a case. I'm sure if they see/saw this, they are telling him to keep his mouth shut from here on out.