Forbes have shared an infographic that lists the most valuable esports organization, but a number of owners and community members have already cast doubt on its legitimacy.
The list, produced by Justin Conklin, values a total of nine esports companies at $100 million or above, with Cloud9 at the very top with a staggering estimate of $310 million.
Team SoloMid and Team Liquid round out the top three, with TSM valued at $250 million and Liquid at $200 million. Shockingly, Echo Fox is claims the next spot on the list ahead of the likes of OpTic Gaming and Fnatic.
Seventh place is claimed Gen.G Esports, eighth by G2 Esports and ninth by Immortals. The top 10 is rounded out by Team Envy, who are valued at $95 million, with 100 Thieves and Counter Logic Gaming finishing of the list.
Perhaps the most surprising thing about the list is the fact that FaZe Clan isn’t featured anywhere on it, something that OpTic Gaming’s Hector ‘H3CZ’ Rodriguez pointed out along with the fact that he wasn’t listed as an OpTic owner.
The founder and CEO of compLexity, Jason Lake, has also hit out at the infographic, saying: “This list is wrong on much more than 2 things.”
This list is wrong on much more than 2 things.— Jason Lake (@JasonBWLake) October 23, 2018
Key flaws: Revenue figures are vastly wrong in some cases. Some of the valuations are very recent and some are from 12+ months ago. Tough list to compile but I’d take it with a very large grain of salt.— Jason Lake (@JasonBWLake) October 23, 2018
Some Twitter users have pointed out that the list does not include Chinese organizations, saying that this makes the title of ‘The World's Most Valuable Esports Companies’ somewhat misleading, and others have questioned the primary games listed for a number of the teams.
Let us know what you think about the list. Do any of the valuations surprise you?
Pretty sure TSM doesn’t have an Overwatch team.— C9 Mateus (@Portilho) October 23, 2018
Full disclosure: OpTic CEO Hector 'H3CZ' Rodriguez is a minority shareholder in Dexerto Ltd