Team SoloMid, or TMS for short, is one of the oldest and most well-known esports teams in the world. TSM officially changed its name to Team SoloMid FTX on June 4, 2021, after signing a 10-year $210 million naming rights contract with Bahamas-based cryptocurrency exchange FTX.
The team was founded by Andy "Reginald" Dinh in 2009 in the United States. The team has the most advanced facilities in esports, which shows that esports is just as much of a skill as something more physical like football or baseball. TSM currently has players competing in the famous League of Legends, Valorant, Hearthstone, Dota 2, Super Smash Bros., PUBG Mobile, Fortnite, Battlegrounds Mobile India, Magic: The Gathering Arena, chess, and Tom Clancy's Rainbow Six Siege. Buying a Rocket League account is a good way to start the game as you’ll have access to a wide selection of cars straight away. The company previously had an Overwatch squad and a team playing Counter-Strike: Global Offensive based in Denmark that ultimately became Astralis.
In January 2022, Andy "Reginald" Dinh, TSM’s founder and CEO, was reported to be under investigation after accusations of verbally harassing players and employees in the organization. According to Wired, an American Magazine that interviewed anonymous TMS employees, working at TSM was like walking on eggshells since Dinh would regularly bring colleagues to tears over small matters and berate people in front of others as a form of "display." "Long-term employees understand that eventually there will come a time when Andy wants to fire them, and it'll be about something really small." an employee told the magazine. Prior to the publication of this story, former TSM member Doublelift spoke out against Dinh, citing an incident that matched the more recent charges. You can now also get rich fast in-game as well by purchasing FFXIV Gil directly from the sellers!
“I have exceedingly high expectations for myself, and I share those same high expectations with everyone I work with,” reads the statement. “I have zero tolerance for underperformance. I am intense, passionate, driven, and relentless in the pursuit of winning — it’s my nature. I set an extremely high bar, and when I feel that someone is not delivering, I directly and bluntly share that feedback.”
“I do acknowledge that when I look back, my vocabulary was at times too harsh and ineffective. I know I need to work on my delivery, and I am working to improve the way I communicate with my team and those around me. I support and am fully cooperating with the independent investigations that are already underway and will gladly embrace any recommendations from the investigators.”
The statement enraged some employees, saying that Dinh’s expectations were just ridiculous. “Andy would come in after everyone would work super hard … and just say, ‘That’s not what I want.’ We were basically chasing after this goal of trying to read his mind.” said a former TSM employee.
In a Forbes article published in 2020, TMS was included in ‘The Most Valuable Esports Companies 2020’. It mentions TMS’ value as worth more than $410 million as the company acquired Blitz in 2019. The ad-supported app, which has ten million monthly active users and provides playing analysis and training sessions, currently generates half of the company's $45 million in income. Cloud 9, another LA-based startup, comes in second this year with a $350 million valuation, down 13% from 2019.