Twitch celebrity Jeremy “Disguised Toast” posted a YouTube Shorts video on June 14, 2023, in which he talked about his financial condition after starting an esports corporation.
The 31-year-old has been transparent about the issue, and on May 24, 2023, he reported that he was losing money from his account on a livestream. He stated it was similar to a stock market that had crashed: “I’m literally losing money from my bank account. It’s like… it’s like a stock market… but it only goes down, which is not good.”
Disguised According to Toast, he planned to invest $1 million in his professional esports endeavor. Added him: “Well, how do you actually make money in esports? Everyone is losing a lot of money. No org is safe right now.”
Disguised Toast introduced the one-minute tape by saying that he previously projected that running an esports squad for a year would cost him $500,000. He also mentioned that he created a new team for the League of Legends professional scene, jokingly calling it a “wonderful opportunity” to buy a stock that is falling in value: “Four months ago, I announced that I created an esports team, and that it would cost me $500,000 to run it for a year. Since then, I decided to also pick up a League of Legends team. When I see a stock, that’s like, all the way on the most downwards trajectory possible, I think to myself, ‘What a great opportunity!'”
After that, the OfflineTV user disclosed that he had spent $1 million: “I’m actually on track to spend a million dollars!” Additionally, he talked about Team Disguised’s most recent showing in the Valorous Champions Tour: “Our Valorant team… we went 0-11 in our last 11 matches.”
The streamer intended to avoid posting another video in which he said he had made another million-dollar investment: “Really hoping in four months (that) I’m not making another video titled, ‘How I spent $2 million.'”
At the end of the video, Disguised Toast encouraged his audience to support Team Disguised by going to their official Patreon page: “If you want to support the players, you can do so over at Patreon.com/Disguised.”