EliGE and Hungrybox become owners of Team Liquid

Team Liquid have added five of their players and creators as co-owners of their organization, including long-time Counter-Strike star Jonathan ‘EliGE’ Jablonowski. Stationed in both the Netherlands and the U.S., Team Liquid are a prominent esports organization with top competitors across multiple competitive titles.

They’ve now expanded their ownership group with five of their members — ranging from a fighting game pro, to an actor, to a women’s basketball star — in an effort to access more capital and give them real stakes in the org.

How did EliGE and Hungrybox become owners?

The leaders at Liquid personally selected the group of members that were allowed to invest and acquire shares in the organization.

Those who now own some of the company include CS:GO star EliGE (who joined the org in 2015), Super Smash Bros. Melee player Juan ‘Hungrybox’ Debiedma, WNBA star Aerial Powers, poker player and streamer Alexander “Lex” Veldhuis, and actor and fighting-game-enthusiast Asa Butterfield.

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“There’s a difference between being awarded equity as a form of compensation, to provide alignment to the organization, versus an elective investment of their own capital into the organization that they’re part of,” Team Liquid co-CEO Steve Arhancet told Digiday. “I think it speaks volumes to their own decision-making and degree of confidence.

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