2023-09-14
A wild story and kind of a bummer, but good lesson for those who looked at this model as the lock-it-in future. Not that it can't be, but a lot of opportunities to go wrong.
Bloomberg
Former FaZe Clan staff describe a mismanaged creator organization, as its market cap falls from $725M at its 2022 SPAC merger to below $15M; FaZe fired its CEO
2021-11-12
beyond the fact that I'm not sure anyone can “buy” the metaverse, it will be interesting to see how this plays out https://twitter.com/...
Vox
Meta made over 21 acquisitions in the past three years, per PitchBook, including at least four VR startups in 2021; sources say it paid $500M+ for Within
Peter Kafka / Vox :