Snoop Dogg Lost MILLIONS With FaZe Clan

Joe Pompliano creates daily videos on interesting topics at the intersection of sports and business. If you enjoyed this video, make sure to subscribe to his channel.

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[AngelRamirez-duqq]

All these people joining for the media it ain’t competition

[miketime]

Faze clan been having a civil cold war since 2016

[joshuamartnn]

That is not a loss of any money on snoops part. He was merely given the stock.

[BillMota]

It’s not a profitable system if your org is based off of creators/influence (including merch and shit). Specially if your org isn’t a part of big games like league, and dota going public for them was so tragic and the amount of kids and people who watched em growing up that actually put money into it we’re literally scammed (I use this word lightly; please invest your money correctly not based on a dream).

[zacharycamp]

Remember when faze clan was only a trick shotting group and if you couldn't beat the best you couldn't be a part of it so lobbies turned into trick shotting lobbies day in and day out

[TheSevenboy]

Wen u have a shady past KARMA WILL CONE A KNOCKING EVENTUALLY! EVERY DOGG HAS HIS DAY!

[Derikimi]

Snoop dog does not care, bro just lets people use his image.

[Whitespyder]

They also sold the majority of their ownership many years ago and still have to pay the investor

[cto]

“Now it’s only worth $480, 000…” like if that still isn’t money..

[alekpeterson]

Maybe big business hates that idea. I got a hydro car. Its great, the best piece of manufacturing, and WILL save YOU THOUSANDS

[georgev]

The title should be: snoop made $480k for wearing a chain on a show that made him millions.

[Real_Beaky]

lol, the business is perfectly sustainable as a private profit sharing organization, there was/is absolutely no reason to take it public. Why would an investor possibility buy shares of an influencer collective? They don't have enough avenues for revenue generation. Ad money and tournament winnings could not possibly support dividends or cash payouts to share holders. This is a perfect example of there being enough pie for the whole house, but not enough for the whole neighborhood.

[talboyovGY]

I wish I was a trader and had sold short on faze, I'd be loaded rn lol!

[MrGoalkeep]

Funny thing is he isn’t even worth that lol

[chrischavez]

How you know faze was on the verge of bankruptcy, when they needed investors to keep the company afloat.

[raresscortanu]

Bro did not lose a penny joining faze clan

[ulrichleland]

Mountain Dew Doritos faze mlg the plan is moving along nicely

[ShadowX]

Thats still 480k he made from thin air lmao

[crm]

Remember when FaZe didn't actively work to scam money from their child audience

[onlyfacts]

Amazing breakdown.. wish you nothing but greater success on here. Just subbed