As FaZe Clan prepares to celebrate its tenth anniversary on Saturday, it's no great wonder why chief executive Lee Trink describes the fact that the company has even lasted a decade as "mind-blowing for a lot of people."

On the heels of recent milestones like a $40 million series A funding round led by Jimmy Iovine, which pegged the firm's value around $250 million, and a partnership with Sugar23 productions to form FaZe Studios, "It feels like we finally have the appropriate attention that we deserve," Trink said. He has big plans for L.A.-based FaZe Clan to become an international powerhouse that dominates the entire entertainment industry.

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As a math teacher, Julius Woehning can't ignore the numbers.

After climbing to 11th place out of 35,000 competitors in his fantasy sports league this Spring, the twenty-something German knew his chances of placing among the prize-winning top three were still slim. And even now that he's won the $50,000 grand prize, he's keeping his expectations modest for next season–mostly.

"I doubt I will win," Woehning told dot.LA, "but if my friends are playing next season, I definitely think I will beat them."

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Riot Games closed its acquisition of game developer Hypixel Studios on Thursday, the Los Angeles-headquartered firm announced in a statement. Deal terms were not disclosed.

Riot was founded in 2006 and released its flagship title League of Legends in 2009, which the company reports is the "most-played PC game in the world and a key driver of the explosive growth of esports."

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