Here's what ultimately led to the fall of FaZe Clan
At a FaZe Clan all-hands staff meeting in early 2019, the esports organization’s then-CEO Lee Trink raised his fist to the sky, aiming to get his employees…
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At a FaZe Clan all-hands staff meeting in early 2019, the esports organization’s then-CEO Lee Trink raised his fist to the sky, aiming to get his employees…
Electronic sports and entertainment company FaZe Holdings Inc. is being acquired by media and technology conglomerate GameSquare Holdings Inc. Hollywood-based FaZe has been working to get back on its feet this year while addressing a delisting notice from the Nasdaq. It recently terminated its chief executive of five years, Lee Trink, and in May laid off 40% of its staff.
Faze Clan has been acquired in a stock deal worth about $17 million by gaming analytics and Esports brand company Gamesquare.
Faze Clan has been bought and will reinstate its founders in executive positions to redirect the future of the company.
The 32-year-old gamer is on a never-ending quest for more wins, more deals and more money, even as viewership declines and exclusive streaming deals disappear.