Sep 12, 2020·1 replyHow do u know it isnt
Sep 12, 2020HtownwolfIt doesnt have to signifcantly increase his networth. It will give him a solid bottom line earning wise though
The major investments will do that in due time. You have to remember hes a part owner of 100T which will only continue to expand as esports growsYeah that's one way of looking at it. Personally I don't think that this will be the case, Kobe invested $6 million into body armor and his equity is worth $200 Mil after Coca Cola purchased a Minority Stake.
100 Thieves and Esports in general is in a weird/bubble type situation. They aren't profitable companies and have an pretty insane monthly cash burn.
You gotta also realize with subsequent funds of rounding, Drakes shares in 100T get diluted too.
reddit.com/r/esports/comments/9rhk6e/how_do_esports_organization_make_a_profit
We'll eventually see how he can exit.
Sep 12, 2020zx01How do u know it isnt
These reports are often grossly inaccurate we have no idea what his actual net worth is
- Sep 12, 2020
DrryOf all the investments we know of, none really popped off like that.
Money takes time. Especially when investing lol give it a few years
Sep 12, 2020Him and Nike need to come together and make "Dreezys"