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Faze Clan goes public in $725 million SPAC deal

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Submitted ⁨⁨2⁩ ⁨years⁩ ago⁩ by ⁨realcaseyrollins⁩ to ⁨Finance⁩

https://www.theverge.com/2022/7/20/23271414/faze-clan-public-spac-deal-merger

FAZE is on the Nasdaq exchange

https://www.theverge.com/2022/7/20/23271414/faze-clan-public-spac-deal-merger

Comments

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  • sj_zero@lotide.fbxl.net ⁨2⁩ ⁨years⁩ ago

    Looks like evidence to me that the bubble is still going.

    Obviously there's still money floating around for stuff like a 700 million dollar valuation for a bunch of people playing video games. That suggests there's still plenty of money to suck out of the economy.

    source
    • realcaseyrollins ⁨2⁩ ⁨years⁩ ago

      I think the moral of the story is: start a gambling scam, kids