Esports Hot Streak Is Slowing Down

January 23rd, 2023· 696 views· 0:56
T
The Hustle

Get the 5-minute newsletter keeping 2M+ innovators in the loop: https://clickhubspot.com/rm9 It might be time to say good game to the hot streak for esports. Boosted by a huge ad market, billions in venture capital, and the rise of crypto - esports are now slowing down. Layoffs are just one factor, with the two biggest esports groups, Team SoloMid and 100 Thieves, cutting headcount. Then we look at FazeClan, a publicly traded esports group that has seen its stock plummet 80% since debuting on the markets. Video Hosted by Michael Sikand.