Newsweek

EXPANDING OPPORTUNIT­IES IN ESPORTS

- —M.G.

JOHN FAZIO — FOUNDER AND CEO, NERD STREET GAMERS

Growing up, Fazio was a varsity-level soccer player, which he says helped him get into college and see the world. “What was most profound about soccer to me, though, was how it equalized opportunit­ies for everyone, no matter their background.”

Now Fazio is aiming to do the same thing for the burgeoning esports industry, where competitiv­e video gamers vie for recognitio­n and prize money, some superstar players earn as much as top pro athletes and viewership rivals that of traditiona­l sports. One big impediment for aspiring gamers: the expensive equipment required to practice. “I realized that if competitiv­e video games were going to be the same type of opportunit­y equalizer as traditiona­l sports, we had to fix the access gap in technology,” Fazio says.

Toward that end, Fazio, a software engineer, built Nerd Street Gamers, a national network of facilities that provides affordable access to high-quality equipment, and hosts tournament­s and training camps. So far, 200 gamers have gone on from Nerd Street programmin­g to profession­al careers and college scholarshi­ps. This year, the company continues in high-growth mode, raising $11.5 million to expand its digital esports platform, which offers first-ofits-kind low-cost access to coaching, camps and virtual tournament­s, and opening a new 35,000-square-foot training and tournament esports campus in Philadelph­ia.

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