As far as Nick V’s past business ventures, specifically the Real Estate seminar/courses - there are several complaints online. I’m not sticking up for Nick, but to be fair I think many people are judging Nick’s past business dealings based on the several negative complaints that are found online. Starting off, Real estate seminars are a very scammy industry.
I will say that IF it was Nick’s practice to squeeze every dollar of available credit out of people’s credit cards, have them take home equity loans to the max, and use all their retirement income to pay the $20k-$60k fee for the course knowing deep down they are bound to fail, then I will say this is an absolutely horrible thing to do to people who can not afford it and a terrible and unethical business practice. As bad as this is, it doesn’t mean he is not fit to own and run an online poker stream. Also, from what has been brought up so far, nothing appears to be illegal about his past business practices. Unethical - yes. Illegal - doesn’t appear so, but time may tell.
It’s been reported Nick had 30 Million in revenue for this real estate gig he did. If he pulled in that much revenue, but he only has a handful of complaints, then that is not that bad. In this type of investment, even if he did provide a good product that it has to be utilized properly by the customer for it to be profitable for them. You will always get people that don’t follow directions, then when it doesn’t work, will automatically think it’s a scam.
Until I see more proof about Nick’s past business dealings, I’m not going to judge him unfairly.
A side note... Keep in mind if he did bring in 30 million in revenue - a fraction of that actually goes into his pocket. He would have to have a huge sales staff, likely with many different levels of a highly skilled team. These sales people are paid very well, usually on a percentage basis of what was sold. It wouldn’t surprise me if commissions were 50% or more for the sales team for what was collected from the customer. They conducted these events in many cities. The advertising expense had to be massive. All in all - Did Nick pocket a very nice chunk of money? YES. However, it was nowhere near the amount of his generated revenue.