Hey I would like to know how big Faze clan is in terms of their wealth, social media status, and how big they are in the Esports industry. My colleague at work, who is an avid gamer and esports fan, doesn't stop in his telling me how big they are, and I don't even know them. I even searched on this thread and I don't see that name here. So just help me become a little more enlightened and see who this clan is.
Yes, your friend is right. FaZe Clan is top 3 biggest esports and gaming brands in the world. They do esports, entertainment, apparel and many other things. They are not focused only on esports like mostly esports teams.
On the heels of recent milestones like a $40 million series A funding round led by Jimmy Iovine, which pegged the firm's value around $250 million, and a partnership with Sugar23 productions to form FaZe Studios, "It feels like we finally have the appropriate attention that we deserve," Trink said. He has big plans for L.A.-based FaZe Clan to become an international powerhouse that dominates the entire entertainment industry.
It's quite a vision for a company that ten years ago consisted of three dudes posting YouTube compilation videos of their Xbox escapades: "like skate videos," co-founder Thomas Oliveira, better known as FaZe Temperrr, told Hypebeast, complete with "dope music" and "cool edits." Soon enough, Temperrr, along with FaZe Banks, FaZe Rain and FaZe Apex, realized there was serious money to be made in online videos. Eventually they began competing professionally, and winning. As their accolades and YouTube libraries grew, across both individual accounts and the shared FaZe-branded channels, so did the fans.
In those early days, FaZe members embraced vlogging, turning the camera on themselves as their warrior and soldier characters kicked butt and performed stunts on screen. "They were the first ones to represent themselves as gamers, totally unapologetically," Trink told dot.LA. "That woke up an enormous community of underappreciated gamers."
Today that community numbers over 215 million followers across FaZe Clan's social media platforms and those of its roster of gamers and content creators, many of whom continue to play and post under FaZe-prepended monikers. The company claims its videos yield over 500 millions views per month. A host of celebrities have invested, including musicians Lil Yachty and Offset, and professional athletes Ben Simmons and Juju Smith-Schuster; many of them consider themselves part of the crew.
A big driver of FaZe's appeal, Trink says, is that fans not only feel close to the talent, but also have a sense that they, too, could one day join the ranks.
"Not that long ago," Trink said, "we signed an 11-year-old. The proximity to be a part of us, in addition to being an extension of us, is part of what makes them so passionate."
In 2019, that passion summed to $35 million in revenue, spread more or less evenly across sponsorship and brand deals, esports, merchandise, and advertising from content. FaZe Clan has reportedly inked seven-figure partnerships with Nissan and energy drink G Fuel, and has made apparel deals with brands like Champion. In one of its recent "drops", FaZe Clan sold limited-edition $80 hoodies and $40 t-shirts in collaboration with the NFL's virtual draft this April.
"It's transcended a hobby or a pastime and has become how (fans) define themselves," Trink explained.
Some of FaZe Clan's talent live together in a house in the Hollywood Hills. Mostly men in their 20s, many of their walls are adorned with YouTube plaques commemorating subscriber milestones, reminiscent of a music star's collection of gold records. The vistas from large windows in the upscale house are beautiful. FaZe members report working hard, though, often filming throughout the day and editing their videos into the night.