FaZe Clan

FaZe Clan is a professional esports and entertainment organization founded in May 2010, as FaZe Sniping. Since then, the group has grown into one of the most popular and influential esports organizations in the world, with over 510 million followers across social media platforms. The organization is known for its disruptive original content and hyper-engaged global fanbase. In addition to its esports division, FaZe Clan also has a successful apparel line, merchandise store, and talent agency. FaZe Clan went public through a merger with SPAC, B. Riley Principal 150 Merger Corp. The deal valued FaZe Clan at $725 million, down slightly from initial third-party valuations that priced the combined company at about $1 billion. After two years of poor stock performance, FaZe was acquired by GameSquare $GAME for cents on the dollar, at a mere $17M valuation.