News/Sentinels in Trouble: Difference between revisions
(Created page with "{{News |seo_title=Sentinels in Trouble |seo_keywords=Sentinels |seo_description=Sentinels in Trouble |image=Sentinels ed.JPG |alt=Source: Sentinels |tags=Sentinels, Business |date=2023-08-09T16:24:52.000Z |sources={{NewsSource |source=Twitter |url=https://twitter.com/JakeSucky/status/1688942253514137600 |article=Sentinels in Trouble }}{{NewsSource |source=Dexerto |url=https://www.dexerto.com/esports/sentinels-at-risk-of-running-out-of-money-amid-crowdfunding-efforts-2241...") |
No edit summary |
||
| Line 17: | Line 17: | ||
}} | }} | ||
|author=Andura | |author=Andura | ||
|category=Business,Investments | |category=Drama,Business,Investments | ||
|content=According to recent news, Sentinels is in financial trouble. The organization was listed on StartEngine on August 4th which allows fans to own a share via crowdfunding. The memo stated "If the company raises the minimum offering amount, and if the company is unable to raise additional capital through either existing shareholders or other outside sources of financing we anticipate the company will be able to operate for 2-3 months,” The memo also stated that if the maximum amount is raised it will be able to operate for four to five months. The memo also revealed that Sentinels spends nearly $700k on salaries per month. The company’s CEO, Rob Moore, has a salary of $360k a year and executives are earning more than $200k per year. | |content=According to recent news, Sentinels is in financial trouble. The organization was listed on StartEngine on August 4th which allows fans to own a share via crowdfunding. The memo stated "If the company raises the minimum offering amount, and if the company is unable to raise additional capital through either existing shareholders or other outside sources of financing we anticipate the company will be able to operate for 2-3 months,” The memo also stated that if the maximum amount is raised it will be able to operate for four to five months. The memo also revealed that Sentinels spends nearly $700k on salaries per month. The company’s CEO, Rob Moore, has a salary of $360k a year and executives are earning more than $200k per year. | ||
[[File:Sentinels Memo.jpg|thumb]] | |||
}} | }} | ||
Revision as of 16:38, 9 August 2023
According to recent news, Sentinels is in financial trouble. The organization was listed on StartEngine on August 4th which allows fans to own a share via crowdfunding. The memo stated "If the company raises the minimum offering amount, and if the company is unable to raise additional capital through either existing shareholders or other outside sources of financing we anticipate the company will be able to operate for 2-3 months,” The memo also stated that if the maximum amount is raised it will be able to operate for four to five months. The memo also revealed that Sentinels spends nearly $700k on salaries per month. The company’s CEO, Rob Moore, has a salary of $360k a year and executives are earning more than $200k per year.
Related news
Sentinels has officially announced its entry into the Marvel Rivals esports scene. “It’s time for the Sentinels era. We’re officially announcing...
Sentinels has announced a partnership with the social media app Stacked, which will now serve as the official site for...
Sentinels has partnered with hardware brand Razer to launch a co-designed version of the Razer Viper V3 Pro mouse. The...
"Sacy has officially announced his retirement from competitive Valorant, following the recent retirement of teammate TenZ. This double departure leaves...
According to recent news, Sentinels is in financial trouble. The organization was listed on StartEngine on August 4th which allows fans to own a share via crowdfunding. The memo stated "If the company raises the minimum offering amount, and if the company is unable to raise additional capital through either existing shareholders or other outside sources of financing we anticipate the company will be able to operate for 2-3 months,” The memo also stated that if the maximum amount is raised it will be able to operate for four to five months. The memo also revealed that Sentinels spends nearly $700k on salaries per month. The company’s CEO, Rob Moore, has a salary of $360k a year and executives are earning more than $200k per year.
Related news
Sentinels has officially announced its entry into the Marvel Rivals esports scene. “It’s time for the Sentinels era. We’re officially announcing...
Sentinels has announced a partnership with the social media app Stacked, which will now serve as the official site for...
Sentinels has partnered with hardware brand Razer to launch a co-designed version of the Razer Viper V3 Pro mouse. The...
"Sacy has officially announced his retirement from competitive Valorant, following the recent retirement of teammate TenZ. This double departure leaves...
Scraped:
