TSM

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[#1]
TSM // $540 million

Change From 2020: 32%
2021 Estimated Revenue: $56 million
Premier Games: League of Legends, Valorant
Other Games: Apex Legends, Battlegrounds Mobile India, chess, Dota 2, Fortnite, Free Fire, League of Legends: Wild Rift, Magic: The Gathering, Rainbow Six Siege, Super Smash Bros. Ultimate, Teamfight Tactics
Principal Owner: Andy Dinh
Business Focus: Tech

TSM has the richest sponsorship deal in esports, a ten-year, $210 million naming rights agreement with crypto exchange FTX, but its real selling point is its tech businesses: Blitz, an app that trains users in popular video games, and Dyno, which offers a moderation bot for Discord servers. Some around the industry express wariness about the Los Angeles-based company’s leadership, however, with CEO Andy Dinh accused late last year of bullying. “Upon learning of allegations against Mr. Dinh, TSM immediately hired an independent investigator to begin a thorough internal investigation,” the team said in a statement this week, echoing an earlier announcement in January. “Andy recused himself from any oversight of the scope, nature and conclusions of the investigation. Those results are pending. Until finalized, we can’t comment on specifics.”