Faze Clan Just Hit Reset | MoistCr1tikal

yeah like I said I just don't have a whole lot to say about the phas clan stuff so those that don't know uh Banks got I think control back of phase apparently he doesn't own like 100% or anything which I don't I don't know why anyone thought he would but he got like a majority of it back so he's in control and the first big thing he's doing is kind of gutting the whole company which a lot of people are really upset about but I'm not surprised at all one of the biggest reasons FaZe loses like $4 million a month from all of their extreme spending is because they picked up so many people so quickly that never really made sense for them like Snoop Dog like their celebrity pickups and [ __ ] so I'm not surprised that the first thing that he does is get rid of a lot of people but in doing so he's angered a lot of people CU some of them were content creators with a good following and content creators that I think deserve to be there but it was just too much for FaZe like they just lose so much money so it's really unsurprising I have seen a lot of weird stuff though from people about FaZe like uh I don't remember who it was but someone came out to explain that they're finally moving away from trickshotting and I'm like wondering if they're caught in some kind of [ __ ] time Vortex because they've moved away from trickshotting 10 years ago FaZe hasn't been about trickshotting in at least a decade so I don't know why that needed to be an announcement thanks for that Luke I don't know I'll ever find myself in Ireland though and right now it's just the top of the top s for Esports not really like Tri outs and I've never heard of that Michaela it's been so long I forgot that's how they started with trickshotting I know they they've mainly just been like a culture brand for a while where it's like content creators doing content creator [ __ ] their Esports teams also do super well though to be fair they have a really strong Esports presence which is a huge spin for them and they see no return on but they do so well that it's probably worth it to keep that market share yeah we talked about that Aurora and star the new Star Wars game just doesn't look all that interesting but I'll still give it a whirl when it comes out that sounds pretty cool fwn I did not see the cheeseball guy he a tier one mega mind is there any way to make a profit on Esports not right now there is not that is a losing battle the only profitable Esports orgs and I think there's only three in total last I checked the only reason they make a profit is because they are either mainly a merch producer where they just pedal merch they are a business Acquisitions unit that has an Esports attachment to it where they're like taking in Brands like where like 100 th for example taking in a bunch of other companies like the chair producer [ __ ] like that and making money that way or um God who was the third one they did something a little different I can't remember but it's mainly just merch or buying other companies not directly through Esports it's impossible to make a profit through just being an Esports or do you have to spread your your wings into other things to try and make money off of it I think the third one was big sponsors that they hooked on I think that's what it was can't recall membership brusi and S by being in the scene already Sly like on a team is usually how we do it so taking the top teams how does FaZe make most of their money brother that sentence is just point blank wrong they don't make money they lose money last I heard they're losing roughly I think it was $4 million a year maybe a little more I think it's more now but yeah they've just been hemorrhaging money for so so so long they're still public on the stock market yep let's check their stock actually I haven't looked at it in a while phas stock is oh wait are they delisted no they're 18 cents oh wait they are unlisted oh they finally crossed that threshold where they got unlisted because they ate so much [ __ ] in the public stock you sub Julius cool and Jack and I did see the Anthony Bella stuff we can talk about it I'm doing all right Ashley hope you're having a good night it happened a while ago I haven't been checking but like I said I am not surprised at all that Banks would immediately start gutting the company it needed to be 100% 100% I don't necessarily agree with who got kicked and who stayed I also think it's a really weird decision to kick so many people and then sign like five new people that doesn't make a whole lot of sense to me but gutting the company 100% the only thing they could do they lose way way way too much money oh I have plenty Tony I've talked about a lot of them I don't know which one I choose right now though hey muda yeah I guess I just missed that I don't remember them getting delisted I really don't I'm not surprised because they entered that period a long time ago where they're just in a full freef fall for way too long but I don't remember them actually getting delisted thanks the five gift Subs wink appreciate it I don't know what that is anakah and yet teu seems like it's here to stay for a little bit why sign celebs when they can sign you know good players that's that corpo suit disconnection they thought signing people like Snoop Dogg would blow their brand up so they just waste so much money they lost 30 mil the first half of 2023 way more than 5 mil a year oh so I meant a month I meant I meant a month yeah I I think it was four mil a month is what they burn not a year my bad if I said a year it's a lot like they burn a lot of money true Master D favorite show right now was Shogun but it just finished up so not sure yet did you see do you see LS Mogul mail on the twitch sub situation what's going on with twitch Subs they change something just says huge phase drama oh why is no one talking about this ironic why is no one talking about this and I missed him talking about it what's what's that about did twitch do something Jamal Murray gamewinner again not buzzer beater but 3 seconds left rip Lakers that's tough I used to watch Bubble B buo it's from twitch accidentally cancelling some subs oh yeah yeah yeah I remember they made a post about that on Twitter was it a super widespread issue oh hey it's me thank you for the big 50 gifted members brother good to see you again thank you so much for that I hope you had a good day thanks for that scar devil hope you're doing well and I did know that piece I know the shoty want to [ __ ] guys back you resub Wacko and kill and yeah I still have shipwreck queued up here it's a game I do plan on playing the next game the next game I'm going to play through is probably going to be crab Souls though and then probably grind more Siege then probably gears three so I I have quite a log and I want to do a bad game night pretty soon haven't done one in a while [Music]

Channel: Moist Charlie Clips

Views: 67,135

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Id: QFyvw5lOJUA

Length: 9min 7sec (547 seconds)

Published: Tue Apr 30 2024