1UPdate: The rise and fall of FaZe Clan

How did one of the most promising esports organizations go from having a $1 billion valuation to a stock price worth less than 50¢?

A group of young men wearing FaZe jerseys accepting a trophy at an awards show

FaZe Clan win Intel Extreme Masters tournament in February 2022.

On this week’s 1UPdate, we break down everything you need to know about the current disastrous state of FaZe Clan with Esports Illustrated writer Norris Howard. How did one of the most promising and popular esports organizations go from having an almost $1 billion valuation to a stock price worth less than 50¢? Why did Snoop Dogg, the most prominent member of their board of directors, leave the company? And why are some of founders of FaZe Clan looking at this moment to jump ship? Listen to this edition of the 1UPdate to find out.

Also in this segment:

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