Shroud explains why he refused Nadeshot’s offer to co-own 100 Thieves

Prior to 100 Thieves becoming the esports giants that they are now, it turns out that founder and CEO Matt ‘Nadeshot’ Haag had offered a chance at co-ownership to Michael ‘shroud’ Grzesiek, but it was one that he refused, according to the Mixer superstar himself.

New information has surfaced indicating that Nadeshot, during the building stages of 100 Thieves, had tried to recruit shroud to be one of the organization’s co-owners, in addition to being the face of their content creation team.

When asked about it during one of his recent streams, shroud confirmed that the CEO had indeed made such an inquiry, while also revealing that he had respectfully declined.

“At the beginning of 100 Thieves, before 100 Thieves even existed, Matt reached out to me and he was talking with me and wanted me to be part of the process, part of the upcoming of 100 Thieves,” he said. “He asked me to be part of the co-ownership and whatnot.”

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What was the star streamer’s reason for declining? Turns out, it all came down to not wanting to be involved in the important decision-making that comes with being a part of the executive process.

“I honestly said ‘I’m lazy bro, I can’t put in work,'” he said, laughing. “I pretty much told him I don’t want to work because I don’t want to truly give input on any decision, that would be too much work for me.”

The former CS:GO pro also revealed that, following his refusal to become a co-owner of 100 Thieves, Nadeshot offered him to be a streamer for the org.

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However, that too was not something that he wanted to do, because ever since he left Cloud9, shroud hasn’t really looked to “tie himself” to another brand.

“Obviously, he offered me to just be a streamer and stuff, but I don’t want to be a streamer as part of any org. I don’t want to tie myself to a brand but my own,” he said.

While he was unable to successfully recruit shroud, Nadeshot did end up bringing Nick ‘NICKMERCS’ Kolcheff on board as the face of their content creation operation and a key player in the org’s development.

Unfortunately, that ended up in a messy divorce years later, in early 2019, as Nick accused Haag of failing to fulfill the promises he’d made early, which reportedly included a 5% stake in the company’s equity.