How much money is 100 Thieves worth?
Thieves, a Los Angeles-based esports company, raised $60 million from investors at a valuation of $460 million — one of the largest for a company in competitive video gaming. Green Bay Ventures led the round, which also included money from investors such as Breyer Capital and Artists Capital Management. Drake and American media entrepreneur, record executive and investor, Scooter Braun, became co-owners of ‘100 Thieves’ in October 2018. The company was originally founded by Matthew “Nadeshot” Haag the previous year. While the investment came as a shock to Drake’s fans, it seemed as though Drake and Braun had a plan.On october 23, 2018, 100 thieves announced that they finished their series a funding round co-led by scooter braun and drake, who both became co-owners when they raised $25 million.
How do 100 Thieves make money?
Nadeshot discussed how 100 Thieves makes money. He broke down their revenue streams as 50% from partnership revenue, 30% from merchandise and Higround keyboard sales, and 20% from in-game revenue from cosmetics sales in Valorant and Call of Duty. Overview. Thieves is currently owned by Nadeshot, musician Drake, talent manager Scooter Braun, and content creators CouRageJD and Valkyrae.