My Thoughts on GernaderJake, G1, and Evolve 

*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 RU-vidr or something.

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

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

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.

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

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

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

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.

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.

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.

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.

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

Financial Professional here A loan is NEVER an* investment

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

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

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.

Oh shit drama

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

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.

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

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

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.

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.

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

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! 💸💸💸

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

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.

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

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

No good deed goes unpunished

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 🤘

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

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.

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

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

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

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.

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

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.

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

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

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

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.

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.

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

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

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.

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.

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

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.

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!

There is no way a loan is ever considered an investment

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.

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.

Sucks he tried to help and got shafted sorry Jake

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

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

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

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

Jesus Christ is Lord, King and Our Savior!

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

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

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.

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

This is super unfortunate. Glad Jake protected himself.

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

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

Smart of him to keep legal docs.

I forgot cross was an accountant.

Hope everything works out for everyone involved 🙏

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.

Did Jake cover this on stream?

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.

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!

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

GJ put on the clean fit for this vid

Well done asking for those audits!

Thank you for pointing this out man this sucks for jake

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.

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!!

Gotta put everything on social media.

Friends, family, and money usually don’t mix.

You bastard. Was scared clicking! Love Jake and didn't want to cry!

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

As someone who works in commercial lending, good lord. Hopefully going through the courts helps him recoup some of his losses, but based on what was said here... Lending that unwisely is basically just a donation. Ignoring that many red flags just makes my heart ache.

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.

So after he sued them,what happens?i guess they go to court and the judge will seize assets to reach that 100k? How does it work exactlt?

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

I support this info getting out. Stops others from falling into this trap