Maybe, liquid likely has better financials though
From what I have heard from Thorin, Kassad, Maui, Richard lewis etc and on the four horseman American orgs seem to be able to just throw away an endless amount of venture capitalism and if the org is not losing money then it's not taking risks that could help them win big in the future and I'm willing to take their word on that being the case.
Aren’t all big NA orgs really well funded?
EG bought a couple of teams in order to somehow win and sell them to other organizations, but it's unlikely that anyone will take them because those teams are worthless, they don't win or show any results, and EG goes into the minus.
their sponsorships on paper are amazing, wolverhampton, HPE, twitch, monster, etc are probably a nice chunk of their funding. EG is owned by peak6 investments, who deal in fintech and other areas
That's NA esports in a nutshell I feel like.
I mean, EG is a MASSIVE org. Obviously their CS team hasn’t been good in the last few years, but they have/had notable teams in Valorant, League, DOTA 2, CoD, etc,
it isnt sustainable
NA LoL scene has been doing this for a long time and the bubble is bursting because NA orgs are kinda stupid
yeah i have no idea how the hell EG is still around. it is common knowledge that esports orgs are not sustainable but theyre maintaining 4 CSGO teams and theyre even only somewhat good in their local regions/demographics
Most esports org aren't profitable.... Astralis financials ain't nothing like they used to be and FaZe biggest esports brand in US isn't profitable either. All have investors that are banking that in the future it will pay off..