Alexander Lee / Digiday:

Holding company GameSquare acquires FaZe Clan, valuing the Texas-based esports company at ~$16M, down from a $725M market cap at its SPAC merger in July 2022  —  FaZe Clan's billion-dollar journey has taken an unexpected — but perhaps inevitable — turn.  Burned by controversy and facing …

Alexander Lee / Digiday:

Holding company GameSquare acquires FaZe Clan, valuing the Texas-based esports company at ~$16M, down from a $725M market cap at its SPAC merger in July 2022  —  FaZe Clan's billion-dollar journey has taken an unexpected — but perhaps inevitable — turn.  Burned by controversy and facing …

Source: TechMeme
Source Link: http://www.techmeme.com/231020/p8#a231020p8