https://www.youtube.com/watch?v=Q6VYZKPxm5w
Oakland News Now –
You CAN OWN FaZe Clan, Goes Public in $1 BILLION Merger
– video made by the YouTube channel with the logo in the video’s upper left hand corner. OaklandNewsNow.com is the original blog post for this type of video-blog content.
You can soon own a chunk of FaZe Clan as FaZe is becoming a publicly traded company in a move that has the esports org valued at around 1 billion dollars.
FaZe Clan is going to be available for sale on the US stock market in an initial public offering that should see them become the first esports org valued at 1 billion dollars. The move also means that fans can own shares in the esports giant, with over 30% of the FaZe Clan stocks up for sale, joining Astralis as one of the only publicly traded esports orgs in the world.
So while Lee Trink will be the leader of this new version of FaZe Clan, and current owners like Nickmercs and FaZe Banks will receive stocks in the new company, about a third of the ownership stake of FaZe clan will be for sale in the stock market…and you can just snap up some shares.
The move will make nearly 300 million dollars in new cash for FaZe Clan to invest in esports, content creation, and expansion, which could have huge implications for their esports operations. Suddenly spending 20 million on an LCS or LEC spot seems far more possible…or even a bigger push into mobile gaming esports like the PUBG Mobile or Call of Duty Mobile scenes. Either way, if this move winds up being a success, you could see more of your favorite esports orgs giving fans a chance to buy a piece of their company.
#FaZeClan #FaZe #Public #Stocks
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Note from Zennie62Media and OaklandNewsNow.com : this video-blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media , Inc. mobile media video-blogging system network that was launched June 2018. This is a major part of Zennie62Media , Inc.’s new and innovative approach to the production of news media. What we call “The Third Wave of Media”. The uploaded video is from a YouTube channel. When the video is “liked” by Zennie62 YouTube, then it is automatically uploaded to and formatted automatically at the Oakland News Now site and Zennie62-created and owned social media pages. The overall objective here, on top of our is smartphone-enabled, real-time, on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours – is the use of the existing YouTube social graph on any subject in the World. Now, news is reported with a smartphone and also by promoting current content on YouTube: no heavy and expensive cameras or even a laptop are necessary, or having a camera crew to shoot what is already on YouTube. The secondary objective is faster, and very inexpensive media content news production and distribution. We have found there is a disconnect between post length and time to product and revenue generated. With this, the problem is far less, though by no means solved. Zennie62Media is constantly working to improve the system network coding and seeks interested content and media technology partners.