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 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