On loan agreements with fnatic and multiple team ownership

TLDR;

  • I issued a personal loan to Sannpa Ltd (the Holding company of Team Fnatic and Fnatic Gear), which was made to support the growth of the Fnatic gear business and their launch of new hardware products.
  • The facility was structured in a way to try to avoid any conflict of interest or violation of League rules and does not grant me any actual influence or control over fnatic that would endanger the integrity of Esports.
  • G2 Esports and Fnatic are competitors, have separate ownership, and operate completely independent of each other.
  • After fact-finding with Fnatic and myself, Riot ruled today that the loan agreement between myself and Fnatic creates a form of indirect financial interest between both parties, violating the LCS Team Participation Agreement, while also clarifying that the loan did not establish any kind of direct ownership or control.
  • I mutually agreed with Riot to unwind the loan between myself and Sannpa Ltd to avoid any potential conflict in the future.
  • Esports only wins if we have a healthy ecosystem, and I continue to support the growth of the Esports industry through investments of time and finances.
  • Last, but not least: I criticize myself for not being very proactive in public communication. I am going to be more transparent about my work. Please feel free to reach out to me at any time.
Details
Details

Designing the first eSports Games Chart

All so often i run into discussions of what is an eSports game and what is not, aswell as which games in eSports really matter. Over time i developed my own set of criteria which defined eSports games and there relevance and started using this approach in discussions and presentations. I have now mapped it out…

Details
Details

Strategic thinking - an essential skill of any CEO

In order to assess and iterate the company’s strategy going forward it’s of utmost importance to have the fundamental skill of strategical thinking. It is a rare skill though as it comprises of many ingredients and most importantly requires abstract thinking. Here’s a quote i found which defines strategic thinking really well:

“The essential part about strategic thinking is not about theoretic tools but about developing one’s thinking, feeling and acting in a rational as well as emotional way; it is about flexibility, professionalism, worldwide openness, clarity, but also calmness, inner strength and firm willingness.”

– Hinterhuber (1990, Author on strategic management)

Details

New tournament platform gets $ 750K funding

Arena Online is the name of a new eSports Tournament platform that just announced a Seed round of $ 750K which already took place in April this year. Arena Online is focussing on League of Legends first and seems to be going the direction of paid micro tournaments with deep statistics based on the Riot Games API.

If you are not embarrassed by the first version of your product, you’ve launched too late.

— @reidhoffman

Details

Tech Bubble or not – this graph matters

Internet Users x Tech fundingWith all the talk on Bubble-or-Not in the Tech industry i found this graph refreshingly insightful. The only aspect to be considered here additionally is that most of the growth on Internet Users now is happening in Emerging or developing markets while the most attractive markets/audience have maxed out.