FaZe Clan goes public – $1 Billion valuation explained – Esports.net News

FaZe Clan goes public – $1 Billion valuation explained – Esports.net News

FaZe Clan has risen over the years to become one of the biggest and most well-known epsorts teams. They’ve seen success in a good number of titles and built a healthy roster of content creators. Those who own FaZe are currently hoping these achievements are enough to justify a pretty high valuation for the company.

It’s been announced that FaZe Clan is going public, but they’re taking a bit of a different route. They’re following in the footsteps of TSM, but there are some important distinctions to keep in mind about how this is going to work. There’s a high valuation for FaZe’s initial price, and some things to keep in mind about how that price was found.

FaZe Up

FaZe UP!

FaZe Clan Goes Public

FaZe Clan is becoming a publicly traded company. If you’re relatively new to investing in esports, then this could seem like an attractive opportunity. FaZe Clan is one of the biggest esports teams, and a public offering allows others invest in them. A private traded company is one that is owned by private individuals. That can be the founders of the company or those who have made private early investment. However, a publicly traded company has stock issued. This means people can purchase a
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