this org never won anything, why they have so much money
TrialRunnr [#7]Biggest Valorant fanbase thanks to shahz and co and tenz. Took the advantage of the money they made of valo to sign two huge cc in Tarik and Aceu(now apex pro i think), also bugha was a thing. so yea some success and some smart financial decisions i think
thanks
People are really clueless about how money works in esports
Next to 0 esports orgs are or ever have been turning a profit
They are all VC funded- very rich people who throw out hundreds of millions of dollars on something that they think will eventually be able to turn profit
Most orgs for a long time have been hemorrhaging that initial money - paying insane salaries to pros and content creators and trying to build winning teams and acquiring fans with the goal of profiting off of them "eventually" - through merchandise and sponsorships or franchised league esports (very few of which are profitable)
That bubble (among many other VC funded startups in other industries) has been popping - that's why there are layoffs in a lot of orgs, spending cuts, not re signing content creators, etc.
melodymur [#13]Their CEO Moore is filthy rich. Guy worked Walt Disney and was the Vice Chairman of Paramount Pictures
I wish I had a sugar daddy like rob moore. damn i would legit do anything ngl.