CEO is the guy who has to walk around picking up trash and make executive decisions that affect a lot of people, I can see it taking a toll on him. It comes with a lot of stress
Why is that sad? it is called being an adult. If you arent critical about your past actions, you will never grow as a person. This is just growth and maturing, its a good thing to see
passionate but burn out, so it best to take break and retrospect. if you follow 100t valorant, he fired newly joined players after they lost 13-0 but after that there are no such drastic decisions.
@@arrowRX and if you followed competitive Valorant at all you’d know the absolutely absurd contracts those guys get … and they didn’t win a single round. yeah yall can go. not worth 30k a month per player.
Nadeshot needs his confidence back. You can tell after years of failing to meet investor outcomes and expectations hes been beaten down. Every time he speaks, there’s a little bit of self doubt.
I disagree. I think he’s just being real, and most people in his situation would not be able to come to these conclusions, or would ignore them. He’s actually being genuine with his perspective
Nade is just being real. It is REALLY difficult to be profitable in esports. From the high costs of franchising and overvaluing, to the (rightfully) high demands of good salaries from players, and from how low returns are as the average fan/viewer isn’t close to as invested as the average sports fan, organizations will report losses year by year. The Overwatch League is a great example of high expectations leading to high failure, with not only teams but the whole league to fail. The only incentive into investing into esports is the passion for competing and seeing your team winning, or somehow having the fumes to run long enough that you build a legacy that then you get diehard fans, or as Nade said hopefully the next generation who grows up on it who will become diehards.
It’s called self awareness. The world isn’t the fairy tale you probably still assume it is. What you’re seeing is wisdom. Something lost on young people in 2024. Hustle culture is a lie.
Nadeshot is the GOAT. It's been a rough few years for e-sports and for 100T, and you can see how much of a toll it's taken, but few people (and orgs) could have still been standing at the end of it. He hired and brought in an outstanding set of people to work with him on 100T, and it will be great to see what it grows and changes into.
@@mrbp3351 Given how many e-sports organizations have folded, had to scale back or restructure, and the decrease in the amount of outside investment these ventures receive now compared to when 100T raised that initial $100M, you’re just entirely wrong. Don’t take my word for it - they mention it multiple times throughout the interview that your comment is on, both in the context of 100T and Faze, and the industry as a whole. There’s countless examples and endless coverage of how the industry didn’t live up to the initial hype, and how many of the teams are losing money. There’s still money to be made, and there’s still interest in the scene, but it is a far cry from 2017-19 or so.
@@mrbp3351 Incorrect. Esports is going through a substantial contraction (I'd argue it's more of a correction) and is being floated by betting website and oil money. Those two funding sources are doing the vencap thing where they pump an entity and hope it meets a valuation expectation but if it doesn't they ditch it. This is the MOBA org gold rush of 2014-2015 again but there's an extra 0 on every check and transfer.
@@mrbp3351Viewership does not really equate to much. It is really dependent on the average individuals commitment. Esports viewers don’t really equate to money, when viewership is free on TH-cam or Twitch compared to normal sports where you need a league pass/subscription service. From there, the average viewer of these streams probably doesn’t own merchandise, whether physical like a teams jersey or t-shirt, or virtual merchandise like skins. The only thing holding esports up the last few years was crypto investors, like FTX and TSM, Coinbase and Liquid, Cloud9 and bc game, but with a majority of crypto struggling, a lot of these investors either pulled out or don’t invest nearly as much as they did. Sentinels in 2022 posted a huge 8 million loss, and it’s common for organizations to generally be in the red. Like last years Valorant Champions winner, Evil Geniuses, had to completely disband their team because even though they won the biggest Valorant event of the year, they still were in the red, had to lay off staff and sell some of their players. Last year, the prize pool for VCT was just over 2 million, and Evil Geniuses took 1m for being first. If each players salary was six figures, and the org takes 50% of the prize pool from the players, that means this event they broke even. And that’s the team that won the whole thing. Realistically, it’s only like 30% the org takes because they still have to pay staff, like marketers, social media managers, etc, so they need to make up 200k worth of merchandise. The question is, will they make up 200k worth of skins and jerseys? Probably not. I used Valorant as an example but this happens everywhere. From the failure of the Overwatch League, CoD, LoL, CS, Rocket League, Fortnite… long yap sesh but hope this answers your question
"Have you thought about what Ludwig is doing" manically lol nadeshot really feels like he's put a lot of thought into his business with how articulate he is and quickly he pulls up random stats.
God damn Nadeshot sounds so beaten down. Even as someone who has critcisms of 100T (a lof of em) I feel like he's underselling how much value 100T currently has.
@@stormedtie The problem isn't about how big they are comparing with other orgs, the problem in Nade head is how big they are in the general market. I've being working in Esports for 14 years and I feel and know exactly how he feels, it's hard watching something that you love not making enogh money to sustain your vision. The general public yet don't know how f-up our market is, nade knows and that's why he is sad like that =/
@@thetechjunkies Exactly, faze 12m in revenue, 1.8m net profit, cannot be a billion dollar company. It's just not possible in the esports industry currently. Nade's gone over it 1000 times in his head, and even with good ideas from him, that do generate profit, it can never be the profit that investors are expecting. So 100t is a great company that is going to make money, and is going to be worth a good amount, but not the amount that raising 120 million warrants. 120 million raised, means they are expecting you to be a billion dollar company, and with the nature of the esports business, at this current point, it's not possible to generate the money they're expecting.
Lmao, Matt constantly trailing off into stories and then forgetting where he was or where he's going is so funny because I do the same thing a thousand times a day. Stuff like this really humanizes the people you look up to and as much as I feel terrible that he's in such a resentful place with 100T, it's refreshing to hear someone talk about the hardships and just be a person having real experiences in real time
Huge 100T fan. I have almost every jersey they've ever dropped. I was big into cod esports and then BIG into valorant when it dropped- and 100T was on the forefront of each game.
Matt deserves so much credit for what he has done to not just the gaming industry but for the culture as a whole. He is carrying the weight of it all and you can tell its worn him down over the years. I hope he continues to get after it every day with his head held high. Not many have been able to accomplish what he has been able to do.
Very happy to see this. 100T is the only esports brand I follow. As a big LCS fan, I have read and heard a ton about esports winter so seeing this was really cool.
If you ever plan on doing another episode on esports, you should try interviewing the CEO of Sentinels, Rob Moore. He used to be an executive at Universal who transitioned to gaming and is one of the few people to transition from traditional media to gaming with the same amount of passion that someone like Nadeshot has.
This is the collab I’ve been waiting for!!! Nadeshot is such a legend. Jack is also a great figure in the community. Long live Thieves, and hoping that Matt’s next chapter mainly as a creator is sensational too.
Respect to Nade/Courage for putting this out there. That said, Nade definitely seems like he has gone through a lot and seems to be a bit anxious. 100T clearly was taking a lot out of him and I know getting married and having a kid is a lot too. Be kind to yourself Nade!
Been apart of the gaming community for the last 15 years, I'm 28 now. Nadeshot has my highest respect as a player and a leader of the industry. His gameplay drew me in but his personality made me stay a fan of his for this long. Optic was my dream team back then. Courage on fortnite is what got me playing it in the first place. Thank you both for all the work you guys put in.
Cool seeing two overlapping worlds of (C&S/creators and e-sports/100T). I've always seen Nadeshot as one of the real OGs in the space. He was (is) an intensely passionate gamer who managed to float in the business world when so many others sank. I'd say the exact same thing about Courage but in the "second" wave. Only 15 minutes in but really enjoying the conversation.
There is no doubt that Matt is incredibly smart and a resilient entrepreneur. It is nice to see/hear that he is now looking at the broader picture and changing up strategy. Sad to see the lifestyle brand go but hopeful for the “sports brand” direction they’re headed.
I remember first watching nadeshot years ago when he was vlogging and then he started selling 100 thieves shirts it is honestly crazy to see how far they’ve come since then.
As a loyal fan since 2018 of Colin and Samir, and an avid supporter of Nadeshot since like 2013 and 100 Thieves, I want to extend my heartfelt thanks for this episode. I've always hoped for an episode featuring both Matt and Jack. Growing up on TH-cam and watching Nadeshot during his Minecraft Optic days, it’s incredible to see his journey from leaving Optic to founding 100 Thieves and achieving so much success in esports. This episode was particularly engaging as it addressed many questions I often ponder about 100 Thieves from a business perspective. Witnessing the challenges faced by gaming companies, especially the layoffs since 2023, has been tough. You’re right; individual creators don't always bring the same level of hype to an organization as a superstar athlete does to a team, like Bronny James to the Lakers. Each game has its own niche audience-when Rated and Tommey joined 100T, it was a big deal for COD fans, just like Octane’s return. Similarly, Timmy’s addition excited the Val and Apex communities. Hiko is another great example, staying on as a content creator after retiring. It’s challenging to maintain a unified fanbase when interests are so spread out. Personally, I follow VALORANT, LoL, and COD but don’t watch 100T’s Apex content. I’m sure there are others like me who focus on just one or two esports titles.
Love to see you guys thriving after following since the TLN days. Watching you guys cover lacrosse throughout my high school years was awesome, really happy you guys found another lane that you're thriving in.
For people that don’t understand what raising 120 million means. It means that they got investors to put up $120 million to build out the infrastructure of the company while looking for a return on that investment in probably 5-7yrs. 100T did what most people do in esports which is spend way more than they’ll ever get in return to try and build a brand that will gain a fanbase that they can sell sponsors to. That’s it
Seeing Nade mature from where he started and to where he is now is the coolest thing. I know he likes to play it off like he's a moron, but the dude has learned his lane and to see him vocalize it is truly impressive.
NADESHOT! Man we played before back in 2010-2011. I'm just getting back into gaming! everything lol. its dope af man to still see you guys around!!! LEGENDS. dont forget about lil poison n halo 2! hahahahaa
@@kylev8502 not cap look up KILLER MINI ME. I was homies with Gazii actually and XGeN was fakies name before anything. and have old clips of me playing with temperr and all the OG's shut up some of us PRO GAMERS Quit and come back and KIDS Like YOU THINK WE'RE HACKING LMAO
Whether Matt is on his own stream or in a Colin and Samir video, he is still yapping. The king of yapping. Nadeshot has done more for the CoD community than we deserve and we'll be forever grateful.
I was part of those three rounds of layoffs at 100T. I also worked at Epic Games for 5 years and helped ship Fortnite to a global audience prior to joining 100T. Matt (Nade) was a good CEO and I learned a lot watching him and speaking to him during my few years there. I was a partnerships manager and was directly involved in many of our largest sponsorship deals and saw things at their peak versus what the landscape looks like now. Esports is no walk in the park and this podcast was an amazing look through the mirror for everyone. Blue chip companies and brands are thinking twice about where they are investing their money and are realizing that there are better (more impactful) ways to connect with gamers. They saw esports as a means to attract and ultimately gain gamers as customers. When they saw the needle wasn’t moving the way they had hoped in conjunction with the current economic state it led to them pulling back those dollars significantly. Esports isn’t going anywhere, but it will look different in a few years.
How did epic make Fort so huge? I remember 2018 I was 13 playin it on my Xbox. How tf did they make it blow up so much, when save the world had been a thing forever but wasn’t liked by players?? (I was a huge fan of save the world!!)
this is so great to hear from nade. he's literally summarizing and addressing all of my issues with 100T. good to hear the org has a self aware founder
I was a student in a collegiate esports program for the last few years before I dropped out this May (for personal reasons that don't have anything to do with esports). its crazy to see how much of a tailspin the industry has been in from this perspective compared to my perspective working the bottom rung at some large events and seeing now how obviously overblown the market was and how sold a lot of us were on the dream reality that was just too soon for the industry. esports went from grassroots homebrew no infrastructure to multimillion dollar contracts too quickly with nothing underlying any of the businesses to support that capital injection.
- Pay creators a minimum wage - Convert some space to rooms - Release shares to creators - Create a team locally that grinds together for 5 years - Cash out *hire accordingly for content etc, make strategic decisions, get Drake involved, easy to sell at 1B * Nade should completely handover until he's rejuvenated
That’s cool and all but that’s not the point. The point is how can he make the company profitable. It’s easy to build hype for yourself and your Org to the point where you get millionaires to give you money and you go on to sign the best players….but it’s another thing to be able generate money from having all of them under your Org. It’s impossible to profit when the very same ppl you signed are a brand themselves. People would rather give their money to the player rather than the Org they’re on. The Org needs to take a % of what the players earn if they want to be profitable. It’s that simple. Giving them money to be in your group just isn’t enough
Yo! It's been a while since I've seen one of your videos on TH-cam. I really learnt a whole lot from your videos and I miss them. Regardless, I hope you're good, man. If you do decide to make a comeback for BO6, I'll be there. If not, I just hope you continue to take good care of yourself. Have a great one!
I believe Nadeshot has the vision and the formula to make 1oo thieves the success it should be.. but I feel that what Nadeshot doesn't have is the WILL to implement his vision on to others without worrying what others might think of him... hopefully this new directions creates a peace in mind and a journey of success for 1oo thieves ..
It’s probably one of the scariest ventures to go into to.. but the next step for ESPORTS is to move towards a streaming website specifically for esports. The scariest part is twitch having a chokehold on gaming. But whoever can figure it out will make A LOT of money.
2 years ago I'd somewhat agree with that statement, but the way the landscape is today with how popular watchparties are that just wouldn't work, especially since the vast majority of watchparties are now finding the most success with people who aren't always constantly involved in the esports side. Sure you have people like NiceWigg with Apex who's entire involvement in the game is the esports, and somewhat to the same degree you have Tarik in Valorant etc etc, but the majority of huge watchparty creators are doing content unrelated to the esports side for 95% of the time until a tournament in their game shows up and then they co-stream, and then it's back to their standard schedule of content until the next one rolls around. The big esports streaming platform isn't going to fork out millions in creator contracts for creators that only stream esports twice a month at best and all those creators are going to stick to their Twitch/TH-cam contracts.
First time listening to this pod cast. I think y’all should look at the recent cod champ event hosted by optic. The amount of people who attended the event gives me hope for the future of esports
I think an Org like PWR has done it perfectly. Get talent but make sure the brand is growing and recognizable. Of course they're down under and it's probably "easier" but I'm from Belgium and I know the org and the players. Nadeshot, you should be proud man. You've moved mountains
The way to grow is to sign players with personality that have ambitions of doing more than just sitting at their desk gaming. You need people willing to participate to do events and do things to bring attention to the brand. itzTimmy is a great player but he does nothing to help the 100T brand grow. If anything…his own brand made more money than 100T gets in return.
This was the best episode you guys have ever done. So beyond refreshing to see Matt be totally open and honest and not this idiotic hustle , everything is good, young people mind set these days. Gives me hope.
Nade is the GOAT and thats why i clicked on this video, never seen one of your guys videos before but the interview was truly insightful youre guys questions were amazing, ill def be watching again
Damn, you hear all those stories about layoff and exec failing to show emotions and tell how tough is it, but nadeshot enbodies it like no one ever could.
You guys should take a look at Karmine Corp in France where they actually execute a lot of suggestions you guys have : a stadium (not theirs but they have residency in an arena), storytelling, a nemesis in France with Vitality and in Spain with Koi and a lot more business venturse they are exploring.
Keep your head up Nade! Been a fan since 6050. What you, Hecz and Banks (Faze) have done for us gamers is amazing. Just know you’ve made a positive impact on multiple generations. Thank you! #Greenwall
Unironically, you guys need some skating content on this channel. I can tell that Samir is still passionate about it! Someone like Stacy Peralta would be a golden interview. But otherwise, PRod would be great. NKAVids has been doing it a long time. Spencer Barton is a fun and unique video creator.
Fascinating conversation, really interesting throughout. Feel for Matt, riding a wave then having to deal w/ the crash must have been brutal. I believe esports will continue to grow. I think in relation to traditional sports franchises the major difference is esports are dynamic while traditional sports are static. Soccer, basketball, etc. change rules but not games.. Esports $$$ will continue to rise and fall as different games come and go. I guess in esports there are genres like FPS, BR, etc. that have staying power similar to traditional sports.
Im glad Nadeshot did notice all of the issues with bringing in content creators like crazy. I still to this day was excited about 100 thieves because of Nadeshot and how ingrained he was in the COD community. Ever since he started to move out of content and the esport scene (rightfully so I might add because his personal life should take priority) I found myself thinking about 100 thieves less and less.
I love nadeshot, I feel like I’ve grown up alongside him, I watched him in 6050 with the boys, it’s sad to see how much the last 7 years has crippled him, hoping him being back around the optic boys brings back his confidence
Nade started grinding cod from his gaming chair in his bedroom and became one of the most influential gamers of all time and started one of the most loved gaming brands ever. Absolute fkn legend
This is great insight to what’s going on and what’s still going on with 100T, I’ve always wanted to hear what he has to say about his company in depth! Great interview.
i was basically raised by nadeshot and optic. i can't say so for other esports, but specifically with call of duty esports the biggest problem in my opinion is that when franchising happened it did bring a more dense talent pool which naturally resulted in more compelling matches, but it also brought traditional investors who aren't in it because they genuinely love it. nade was right when he said competitive call of duty is like the wwe of esports. it's very theatrical, in your face, brash, and unrivaled shit talking. it's why call of duty is my favorite esport
I dont follow e-sports anymore, and ive never cared about modern C.O.D. Il always listen to nadeshot speak, dude is fascinating and I like how he gets his points and opinions across
I feel like 100T has the balance right, get people on their esports, then sell associated lifestyle merch. People are unlikely to buy an esport jersey to wear around, but a dope shirt with the subtle logo adds a bit of IYKYK element to the purchase. Love their League team btw. Go Sniper.
its funny hearing all what nadeshot is saying because I've been seeing his tik tok clips lately and I much like seeing him in that light more than "I'm the owner of a big esports centered organization"
Been watching Nade and following 100T since like 2018. Feel like the dude has gone down a rabbit hole and it’s driving him insane. Hope he can find his way out
Having watched Nade and followed since 2014, to see him so beaten down sucks man. You can tell he's just drained and he questions everything he's done in esports. @Nadeshot you're still the fuckin goat and a founder of what this all is today. We were behind you in the Optic days and were behind you now in the 100T days 💪
Thanks for having us on! Big fan of of the handsome one of you two. I’ll let you two debate on who I’m talking about.
That is why you didn't talk that much. Way too focus on the looks of one of them.
Ive been watching you since Mr.beast gave you 1000$ for winning a fortnite game lol keep up the great videos!
@@Botblox762we should make him give the money back. It's blood money now
some of his comments are heinous lmao
You guys payed Bjergsen so much money for what? 😭 what was it again? $2.7m?
Sad to see Nadeshot questioning everything he has done for esports and gaming as a whole.
You the GOAT Nade!
Facts
CEO is the guy who has to walk around picking up trash and make executive decisions that affect a lot of people, I can see it taking a toll on him. It comes with a lot of stress
Why is that sad? it is called being an adult. If you arent critical about your past actions, you will never grow as a person. This is just growth and maturing, its a good thing to see
passionate but burn out, so it best to take break and retrospect. if you follow 100t valorant, he fired newly joined players after they lost 13-0 but after that there are no such drastic decisions.
@@arrowRX and if you followed competitive Valorant at all you’d know the absolutely absurd contracts those guys get … and they didn’t win a single round. yeah yall can go. not worth 30k a month per player.
Nadeshot needs his confidence back. You can tell after years of failing to meet investor outcomes and expectations hes been beaten down. Every time he speaks, there’s a little bit of self doubt.
I disagree. I think he’s just being real, and most people in his situation would not be able to come to these conclusions, or would ignore them. He’s actually being genuine with his perspective
@@YaboiKinny Its a huge kill shot if you cant meet expectations you pretty much promise to these investors.
Nade is just being real. It is REALLY difficult to be profitable in esports. From the high costs of franchising and overvaluing, to the (rightfully) high demands of good salaries from players, and from how low returns are as the average fan/viewer isn’t close to as invested as the average sports fan, organizations will report losses year by year. The Overwatch League is a great example of high expectations leading to high failure, with not only teams but the whole league to fail. The only incentive into investing into esports is the passion for competing and seeing your team winning, or somehow having the fumes to run long enough that you build a legacy that then you get diehard fans, or as Nade said hopefully the next generation who grows up on it who will become diehards.
@@YaboiKinnyand mature and grown
It’s called self awareness. The world isn’t the fairy tale you probably still assume it is. What you’re seeing is wisdom. Something lost on young people in 2024. Hustle culture is a lie.
Nadeshot is the GOAT. It's been a rough few years for e-sports and for 100T, and you can see how much of a toll it's taken, but few people (and orgs) could have still been standing at the end of it.
He hired and brought in an outstanding set of people to work with him on 100T, and it will be great to see what it grows and changes into.
Just curious as to how its been a "rough few years for esports" when esports has been skyrocketing the past few years lol.
@@mrbp3351 Given how many e-sports organizations have folded, had to scale back or restructure, and the decrease in the amount of outside investment these ventures receive now compared to when 100T raised that initial $100M, you’re just entirely wrong.
Don’t take my word for it - they mention it multiple times throughout the interview that your comment is on, both in the context of 100T and Faze, and the industry as a whole. There’s countless examples and endless coverage of how the industry didn’t live up to the initial hype, and how many of the teams are losing money. There’s still money to be made, and there’s still interest in the scene, but it is a far cry from 2017-19 or so.
@@mrbp3351 Incorrect. Esports is going through a substantial contraction (I'd argue it's more of a correction) and is being floated by betting website and oil money.
Those two funding sources are doing the vencap thing where they pump an entity and hope it meets a valuation expectation but if it doesn't they ditch it.
This is the MOBA org gold rush of 2014-2015 again but there's an extra 0 on every check and transfer.
@@mrbp3351Viewership does not really equate to much. It is really dependent on the average individuals commitment. Esports viewers don’t really equate to money, when viewership is free on TH-cam or Twitch compared to normal sports where you need a league pass/subscription service. From there, the average viewer of these streams probably doesn’t own merchandise, whether physical like a teams jersey or t-shirt, or virtual merchandise like skins. The only thing holding esports up the last few years was crypto investors, like FTX and TSM, Coinbase and Liquid, Cloud9 and bc game, but with a majority of crypto struggling, a lot of these investors either pulled out or don’t invest nearly as much as they did. Sentinels in 2022 posted a huge 8 million loss, and it’s common for organizations to generally be in the red. Like last years Valorant Champions winner, Evil Geniuses, had to completely disband their team because even though they won the biggest Valorant event of the year, they still were in the red, had to lay off staff and sell some of their players. Last year, the prize pool for VCT was just over 2 million, and Evil Geniuses took 1m for being first. If each players salary was six figures, and the org takes 50% of the prize pool from the players, that means this event they broke even. And that’s the team that won the whole thing. Realistically, it’s only like 30% the org takes because they still have to pay staff, like marketers, social media managers, etc, so they need to make up 200k worth of merchandise. The question is, will they make up 200k worth of skins and jerseys? Probably not. I used Valorant as an example but this happens everywhere. From the failure of the Overwatch League, CoD, LoL, CS, Rocket League, Fortnite…
long yap sesh but hope this answers your question
only to nadeshot fanboys is he the "goat"
"Have you thought about what Ludwig is doing"
manically lol
nadeshot really feels like he's put a lot of thought into his business with how articulate he is and quickly he pulls up random stats.
God damn Nadeshot sounds so beaten down. Even as someone who has critcisms of 100T (a lof of em) I feel like he's underselling how much value 100T currently has.
Nobody is paying $50mil for 100 thieves. 90% of the people don’t even know they exist
Definitely, I dont think he understands how 100t is one of the big 3 with faze and optic.
@@stormedtie The problem isn't about how big they are comparing with other orgs, the problem in Nade head is how big they are in the general market. I've being working in Esports for 14 years and I feel and know exactly how he feels, it's hard watching something that you love not making enogh money to sustain your vision. The general public yet don't know how f-up our market is, nade knows and that's why he is sad like that =/
@@stormedtiehe def knows that but I think it’s just that he’s frustrated that even though they r there it’s still not enough
@@thetechjunkies Exactly, faze 12m in revenue, 1.8m net profit, cannot be a billion dollar company. It's just not possible in the esports industry currently. Nade's gone over it 1000 times in his head, and even with good ideas from him, that do generate profit, it can never be the profit that investors are expecting. So 100t is a great company that is going to make money, and is going to be worth a good amount, but not the amount that raising 120 million warrants. 120 million raised, means they are expecting you to be a billion dollar company, and with the nature of the esports business, at this current point, it's not possible to generate the money they're expecting.
Lmao, Matt constantly trailing off into stories and then forgetting where he was or where he's going is so funny because I do the same thing a thousand times a day. Stuff like this really humanizes the people you look up to and as much as I feel terrible that he's in such a resentful place with 100T, it's refreshing to hear someone talk about the hardships and just be a person having real experiences in real time
He's got ADHD, and it looks like he is struggling.
A+ comment 💯
I do the same, it’s just adhd I think but also the stuff he is speaking about he is knowledgeable and his mind is just cooking so he keeps going.
Huge 100T fan. I have almost every jersey they've ever dropped. I was big into cod esports and then BIG into valorant when it dropped- and 100T was on the forefront of each game.
Matt deserves so much credit for what he has done to not just the gaming industry but for the culture as a whole. He is carrying the weight of it all and you can tell its worn him down over the years. I hope he continues to get after it every day with his head held high. Not many have been able to accomplish what he has been able to do.
Very happy to see this. 100T is the only esports brand I follow. As a big LCS fan, I have read and heard a ton about esports winter so seeing this was really cool.
Nadeshot has such a mind for eSports. I'm glad he was able to take a step back and relax.
If you ever plan on doing another episode on esports, you should try interviewing the CEO of Sentinels, Rob Moore. He used to be an executive at Universal who transitioned to gaming and is one of the few people to transition from traditional media to gaming with the same amount of passion that someone like Nadeshot has.
JHBTeam referenced in a colin and samir video this is a crazy crossover
My 2 worlds are colliding with this one, love it!
love Nadeshot so much. Been following him since the Optic days in 2014. he keeps it real
Appreciate the deep dive here fellas. Thanks for opening up Matt & Jack!
This is the collab I’ve been waiting for!!!
Nadeshot is such a legend. Jack is also a great figure in the community. Long live Thieves, and hoping that Matt’s next chapter mainly as a creator is sensational too.
Respect to Nade/Courage for putting this out there.
That said, Nade definitely seems like he has gone through a lot and seems to be a bit anxious. 100T clearly was taking a lot out of him and I know getting married and having a kid is a lot too. Be kind to yourself Nade!
Been apart of the gaming community for the last 15 years, I'm 28 now. Nadeshot has my highest respect as a player and a leader of the industry. His gameplay drew me in but his personality made me stay a fan of his for this long. Optic was my dream team back then. Courage on fortnite is what got me playing it in the first place. Thank you both for all the work you guys put in.
Cool seeing two overlapping worlds of (C&S/creators and e-sports/100T). I've always seen Nadeshot as one of the real OGs in the space. He was (is) an intensely passionate gamer who managed to float in the business world when so many others sank. I'd say the exact same thing about Courage but in the "second" wave. Only 15 minutes in but really enjoying the conversation.
I love Nadeshot, hilarious, honest, humble and actually makes things easy to underhand. Followed him since I was a child
There is no doubt that Matt is incredibly smart and a resilient entrepreneur. It is nice to see/hear that he is now looking at the broader picture and changing up strategy. Sad to see the lifestyle brand go but hopeful for the “sports brand” direction they’re headed.
NADESHOT AND COURAGE?! LETS GOOOO!
The only thing I know about 100 Thieves is the name, excited to watch this one!
Truly brutally honest. Love the candor
I remember first watching nadeshot years ago when he was vlogging and then he started selling 100 thieves shirts it is honestly crazy to see how far they’ve come since then.
This gave me a lot of respect for Nade.
Never watched him, but been fully aware of him for years.
As a loyal fan since 2018 of Colin and Samir, and an avid supporter of Nadeshot since like 2013 and 100 Thieves, I want to extend my heartfelt thanks for this episode. I've always hoped for an episode featuring both Matt and Jack. Growing up on TH-cam and watching Nadeshot during his Minecraft Optic days, it’s incredible to see his journey from leaving Optic to founding 100 Thieves and achieving so much success in esports.
This episode was particularly engaging as it addressed many questions I often ponder about 100 Thieves from a business perspective. Witnessing the challenges faced by gaming companies, especially the layoffs since 2023, has been tough. You’re right; individual creators don't always bring the same level of hype to an organization as a superstar athlete does to a team, like Bronny James to the Lakers.
Each game has its own niche audience-when Rated and Tommey joined 100T, it was a big deal for COD fans, just like Octane’s return. Similarly, Timmy’s addition excited the Val and Apex communities. Hiko is another great example, staying on as a content creator after retiring. It’s challenging to maintain a unified fanbase when interests are so spread out. Personally, I follow VALORANT, LoL, and COD but don’t watch 100T’s Apex content. I’m sure there are others like me who focus on just one or two esports titles.
Love to see you guys thriving after following since the TLN days. Watching you guys cover lacrosse throughout my high school years was awesome, really happy you guys found another lane that you're thriving in.
For people that don’t understand what raising 120 million means. It means that they got investors to put up $120 million to build out the infrastructure of the company while looking for a return on that investment in probably 5-7yrs. 100T did what most people do in esports which is spend way more than they’ll ever get in return to try and build a brand that will gain a fanbase that they can sell sponsors to. That’s it
Seeing Nade mature from where he started and to where he is now is the coolest thing. I know he likes to play it off like he's a moron, but the dude has learned his lane and to see him vocalize it is truly impressive.
i wish people who arent aware of Nadeshot, one day realize how REAL, SMART AND GENUINE this man really is.
Nadeshot. I used to play against you in MW2 with Fear. You’re a legend. Love the honest interview. This is incredible.
NADESHOT! Man we played before back in 2010-2011. I'm just getting back into gaming! everything lol. its dope af man to still see you guys around!!! LEGENDS. dont forget about lil poison n halo 2! hahahahaa
I’ll take cap for 500
@@kylev8502 not cap look up KILLER MINI ME. I was homies with Gazii actually and XGeN was fakies name before anything. and have old clips of me playing with temperr and all the OG's shut up some of us PRO GAMERS Quit and come back and KIDS Like YOU THINK WE'RE HACKING LMAO
Being on a weekly video call with someone is a different kind of relationship. 😂😂
We’re all waiting for the brutally honest Mr.Beast interview
Good one! 😝
Correction brutally honest Ava Chris Tyson interview
@@tribalcat226 No, he said it right. We dont care about him. We wanna know about Mr Beast.
@@doeterniettoe4395 bro he talked to minors 👀
They already did that LOL it’s their third most popular interview “a brutally honest conversation with MrBeast”
As a diehard 100T & Nade supporter and avid watcher of Colin & Samir - this was a dream video! Been hoping this would come one day 🙏
Whether Matt is on his own stream or in a Colin and Samir video, he is still yapping. The king of yapping. Nadeshot has done more for the CoD community than we deserve and we'll be forever grateful.
No idea who these guys are, but it's a Colin and Samir episode so obviously i'm going to watch! Stoked to watch you guys at VidSummit!
I was part of those three rounds of layoffs at 100T. I also worked at Epic Games for 5 years and helped ship Fortnite to a global audience prior to joining 100T. Matt (Nade) was a good CEO and I learned a lot watching him and speaking to him during my few years there. I was a partnerships manager and was directly involved in many of our largest sponsorship deals and saw things at their peak versus what the landscape looks like now. Esports is no walk in the park and this podcast was an amazing look through the mirror for everyone. Blue chip companies and brands are thinking twice about where they are investing their money and are realizing that there are better (more impactful) ways to connect with gamers. They saw esports as a means to attract and ultimately gain gamers as customers. When they saw the needle wasn’t moving the way they had hoped in conjunction with the current economic state it led to them pulling back those dollars significantly. Esports isn’t going anywhere, but it will look different in a few years.
How did epic make Fort so huge? I remember 2018 I was 13 playin it on my Xbox. How tf did they make it blow up so much, when save the world had been a thing forever but wasn’t liked by players?? (I was a huge fan of save the world!!)
As a Fan of 100 Thieves and a Creator also, this conversation was SUPER insightful! Thanks fellas 👍
this is so great to hear from nade. he's literally summarizing and addressing all of my issues with 100T. good to hear the org has a self aware founder
I was a student in a collegiate esports program for the last few years before I dropped out this May (for personal reasons that don't have anything to do with esports). its crazy to see how much of a tailspin the industry has been in from this perspective compared to my perspective working the bottom rung at some large events and seeing now how obviously overblown the market was and how sold a lot of us were on the dream reality that was just too soon for the industry. esports went from grassroots homebrew no infrastructure to multimillion dollar contracts too quickly with nothing underlying any of the businesses to support that capital injection.
Use to play GB against Nadeshot on MW2/MW3 era crazy to see how far his brand has expanded.
Genuinely one of my favorite interviews you guys have ever done--super insightful about a very interesting topic
- Pay creators a minimum wage
- Convert some space to rooms
- Release shares to creators
- Create a team locally that grinds together for 5 years
- Cash out
*hire accordingly for content etc, make strategic decisions, get Drake involved, easy to sell at 1B
* Nade should completely handover until he's rejuvenated
Nadeshot you done for the esports community than you can imagine. your the goat
That’s cool and all but that’s not the point. The point is how can he make the company profitable. It’s easy to build hype for yourself and your Org to the point where you get millionaires to give you money and you go on to sign the best players….but it’s another thing to be able generate money from having all of them under your Org. It’s impossible to profit when the very same ppl you signed are a brand themselves. People would rather give their money to the player rather than the Org they’re on. The Org needs to take a % of what the players earn if they want to be profitable. It’s that simple. Giving them money to be in your group just isn’t enough
Nadeshot has been one of my biggest inspirations since I was a kid and has carried over to business
Love seeing worlds collide here
Nade is the goat. No doubt. He's the reason I started creating in the first place back in 2014. So much of my life is thanks to Matt, it's just crazy.
Yo! It's been a while since I've seen one of your videos on TH-cam. I really learnt a whole lot from your videos and I miss them. Regardless, I hope you're good, man. If you do decide to make a comeback for BO6, I'll be there. If not, I just hope you continue to take good care of yourself. Have a great one!
I believe Nadeshot has the vision and the formula to make 1oo thieves the success it should be.. but I feel that what Nadeshot doesn't have is the WILL to implement his vision on to others without worrying what others might think of him... hopefully this new directions creates a peace in mind and a journey of success for 1oo thieves ..
Never heard of these guys before watching and am so glad I clicked. Awesome insights and a fun conversation.
As a long time fan of Courage and Nadeshot, thank you for having them on the show!
I've been a fan of Matt since the OpTic days and here i am still rooting for him
what a crossover! love 100T and this podcast, dope episode!
It’s probably one of the scariest ventures to go into to.. but the next step for ESPORTS is to move towards a streaming website specifically for esports. The scariest part is twitch having a chokehold on gaming. But whoever can figure it out will make A LOT of money.
2 years ago I'd somewhat agree with that statement, but the way the landscape is today with how popular watchparties are that just wouldn't work, especially since the vast majority of watchparties are now finding the most success with people who aren't always constantly involved in the esports side. Sure you have people like NiceWigg with Apex who's entire involvement in the game is the esports, and somewhat to the same degree you have Tarik in Valorant etc etc, but the majority of huge watchparty creators are doing content unrelated to the esports side for 95% of the time until a tournament in their game shows up and then they co-stream, and then it's back to their standard schedule of content until the next one rolls around. The big esports streaming platform isn't going to fork out millions in creator contracts for creators that only stream esports twice a month at best and all those creators are going to stick to their Twitch/TH-cam contracts.
First time listening to this pod cast. I think y’all should look at the recent cod champ event hosted by optic. The amount of people who attended the event gives me hope for the future of esports
I think an Org like PWR has done it perfectly. Get talent but make sure the brand is growing and recognizable. Of course they're down under and it's probably "easier" but I'm from Belgium and I know the org and the players.
Nadeshot, you should be proud man. You've moved mountains
The way to grow is to sign players with personality that have ambitions of doing more than just sitting at their desk gaming. You need people willing to participate to do events and do things to bring attention to the brand. itzTimmy is a great player but he does nothing to help the 100T brand grow. If anything…his own brand made more money than 100T gets in return.
nades the goat, 2nd podcast ive watched of him in 2 days
This was the best episode you guys have ever done. So beyond refreshing to see Matt be totally open and honest and not this idiotic hustle , everything is good, young people mind set these days. Gives me hope.
Nade is the GOAT and thats why i clicked on this video, never seen one of your guys videos before but the interview was truly insightful youre guys questions were amazing, ill def be watching again
Damn, you hear all those stories about layoff and exec failing to show emotions and tell how tough is it, but nadeshot enbodies it like no one ever could.
You guys should take a look at Karmine Corp in France where they actually execute a lot of suggestions you guys have : a stadium (not theirs but they have residency in an arena), storytelling, a nemesis in France with Vitality and in Spain with Koi and a lot more business venturse they are exploring.
I’ve been watching nadeshot since a teenager and you guys as an adult. A crossover I didn’t know I needed!
Keep your head up Nade! Been a fan since 6050. What you, Hecz and Banks (Faze) have done for us gamers is amazing. Just know you’ve made a positive impact on multiple generations. Thank you! #Greenwall
Great stuff! Been following both groups for a long time and was cool to see them in the same space on this podcast.
Unironically, you guys need some skating content on this channel. I can tell that Samir is still passionate about it!
Someone like Stacy Peralta would be a golden interview. But otherwise, PRod would be great. NKAVids has been doing it a long time. Spencer Barton is a fun and unique video creator.
Fascinating conversation, really interesting throughout. Feel for Matt, riding a wave then having to deal w/ the crash must have been brutal. I believe esports will continue to grow. I think in relation to traditional sports franchises the major difference is esports are dynamic while traditional sports are static. Soccer, basketball, etc. change rules but not games.. Esports $$$ will continue to rise and fall as different games come and go. I guess in esports there are genres like FPS, BR, etc. that have staying power similar to traditional sports.
Im glad Nadeshot did notice all of the issues with bringing in content creators like crazy. I still to this day was excited about 100 thieves because of Nadeshot and how ingrained he was in the COD community. Ever since he started to move out of content and the esport scene (rightfully so I might add because his personal life should take priority) I found myself thinking about 100 thieves less and less.
I really do think they need to make esports exciting again.
Nade is the goat. I won’t hear otherwise
Nade's dad arc is going crazy! I'm glad he has properly prioritized his time and realizes his mistakes he's made along the way.
Love this podcast! From watching since TLN and now seeing a podcast with one of my favorite esports teams is awesome!
I could listen nade talk about the business of esports all day. Very entertaining
Been fans of these guys since the beginning. Very cool hearing the business side
Amazing show! Wish you would’ve touched on what happened with nickmercs in the beginning. It’s really weird that it’s just ignored
I love nadeshot, I feel like I’ve grown up alongside him, I watched him in 6050 with the boys, it’s sad to see how much the last 7 years has crippled him, hoping him being back around the optic boys brings back his confidence
Been a fan of their League team since it was created and really sad to hear it wont be around next year.
Nade started grinding cod from his gaming chair in his bedroom and became one of the most influential gamers of all time and started one of the most loved gaming brands ever. Absolute fkn legend
I like how serious Colin and Simir are, but at the same time they can let loose and joke with the boys too.
This is great insight to what’s going on and what’s still going on with 100T, I’ve always wanted to hear what he has to say about his company in depth! Great interview.
i was basically raised by nadeshot and optic. i can't say so for other esports, but specifically with call of duty esports the biggest problem in my opinion is that when franchising happened it did bring a more dense talent pool which naturally resulted in more compelling matches, but it also brought traditional investors who aren't in it because they genuinely love it.
nade was right when he said competitive call of duty is like the wwe of esports. it's very theatrical, in your face, brash, and unrivaled shit talking. it's why call of duty is my favorite esport
Great conversation! A lot of free game in here! Appreciate everyone involved.
I love the theme esport and try to work in that field myself. Would love to see more of that content. Great episode !!
Interesting convo. They don’t know much about the gaming business outside of esports but I think that’s most consumers
Honestly, this is incredibly relatable, thank you for being so honest. Take some time out and find yourself again my guy. I know I am.
This video is so honest and refreshing man
Fantastic conversation!
I dont follow e-sports anymore, and ive never cared about modern C.O.D. Il always listen to nadeshot speak, dude is fascinating and I like how he gets his points and opinions across
I feel like 100T has the balance right, get people on their esports, then sell associated lifestyle merch.
People are unlikely to buy an esport jersey to wear around, but a dope shirt with the subtle logo adds a bit of IYKYK element to the purchase.
Love their League team btw. Go Sniper.
Insane cause I grew up watching both just completely different spectrums, Collin and Samir on the lacrosse network and then these two play comp cod.
Everyone needs a friend like Jack
He still done Nickmercs dirty. You can tell a lot about someones character after seeing how they treat their friends.
its funny hearing all what nadeshot is saying because I've been seeing his tik tok clips lately and I much like seeing him in that light more than "I'm the owner of a big esports centered organization"
Samir drew a perfect comparison about UE5 being Epic's AWS.
This video is gonna blow up (9.4k views rn). Glad your focusing on gaming
Incredibly insightful video, Nade's a legend man...
omg NO SHOT Matt is rolling hand warmers in his hand, LMAO. Love this guy
Been watching Nade and following 100T since like 2018. Feel like the dude has gone down a rabbit hole and it’s driving him insane. Hope he can find his way out
Having watched Nade and followed since 2014, to see him so beaten down sucks man. You can tell he's just drained and he questions everything he's done in esports. @Nadeshot you're still the fuckin goat and a founder of what this all is today. We were behind you in the Optic days and were behind you now in the 100T days 💪
Nade is always that guy. God bless him and his family
Great pod fellas. Nade being authentic Nade is fucking hilarious