Compare news coverage. Spot media bias. Avoid algorithms. Be well informed. Download the free Ground News app at https://ground.news/internetajay Hello ladies and gentlemen, faze Ajay here. So today, I am going to be talking about the demise of faze clan. Faze clan is one of the worlds largest gaming organizations. In addition Faze clan teams play competitively in a variety of games from fortnite to valorant. The company has grown significantly over the last 13 years thanks to the explosion of esports. I mean its impossible not to notice its success just by looking at faze rugs Instagram. Its filled with G-Wagons, Versace robes, and celebrities. So in july 2022 faze clan became publically traded on the stock market with a valuation of 725 million dollars. This was one of biggest moves ever made by an esports organization. And it was also what destroyed faze clan.