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Companies Owned by FaZe Apex: Stakes, Investments & Exits

Last updated: Oct-2026
Net worth $4 million Co-founder and ShareholderMarketing technology, Creator servicesAmerican
Overview

Portfolio Overview

1Controlled companies
2Former companies
$4 millionNet worthJun-2024

Ownership & Control Structure

FaZe Apex
Direct ownership
TryNearby
Former holdings
FaZe Holdings Inc.
FaZe Media

What Companies Does FaZe Apex Own?

FaZe Apex, whose documented name is Yousef Abdelfattah, is the founder and chief executive of TryNearby. Y Combinator lists the company as active, founded in 2025 and part of its Summer 2026 batch. He built the venture with Obaida Albaroudi and Ahmad Ibrahim. Their business sells recurring local creator marketing to restaurants. Abdelfattah’s ownership belongs with an active shared founder business; the published company materials do not identify his exact percentage or establish sole control.

TryNearby connects restaurants with creators living near them and manages visits through software and messaging agents. Its company description offers a $399 monthly subscription. That price is customer revenue for a service, not the value of a share or a payment to Abdelfattah personally. Restaurants using the platform remain independent businesses. Replit is a development tool and relationship in the company’s history, while Y Combinator is its accelerator backer; neither becomes an Apex-owned company through this association.

FaZe Holdings Inc. is a former ownership interest after GameSquare completed its acquisition in March 2024. The subsequent FaZe Media operation also belongs to his business history, rather than being presented as his current operating company after the creator division’s December 2025 collapse and his departure. A legacy FaZe biography still using a co-owner title cannot resolve the later changes. FaZe Apex is a different person from Banks, Temperrr and Rain, even though their histories overlap.

We view TryNearby as a new operating venture built on Abdelfattah’s experience connecting creators with audiences, with a different customer and revenue structure from FaZe. No independently identified personal minority portfolio or property investment is established by its launch materials. Wealthy Persons published a $4 million personal wealth claim in June 2024, before this startup existed. That weak historical figure does not value his present shares, reflect a disclosed FaZe payout or establish that the new company has produced any distributable profit for him.

Portfolio Analysis

Abdelfattah’s current operating exposure has shifted from an entertainment collective toward TryNearby’s restaurant marketing platform. The change reduces dependence on one shared creator brand, but it does not create a diversified investment portfolio. His new founder position remains a private, early-stage interest whose value depends on execution. The relevant asset is the service business and its customer relationships, not every restaurant, social platform or software vendor used in delivering campaigns.

FaZe Holdings Inc. and the later creator operation represent earlier stages of his business history. Their transactions cannot be combined with TryNearby as if all three were simultaneously active and personally controlled. We assess the replacement of that exposure as a change in risk type: local subscription delivery brings customer churn and operational density challenges, while the old group depended heavily on collective entertainment identity and commercial agreements. Both involve creators, but they require different evidence of durable economics.

TryNearby’s concentration may diminish if it serves many independently owned restaurants across several areas. That diversification occurs within the business’s customer base rather than through additional personal company holdings. A collection of restaurants can still be exposed to the same change in social distribution or local advertising demand. The platform needs to show that its service retains value when algorithms change, rather than depend entirely on one particular feed favoring one content format at a given moment.

The $399 subscription provides a clear starting point for understanding recurring receipts, but not for valuing Abdelfattah’s equity without expenses, churn and contractual rights. A larger subscribed customer base can raise revenue while increasing delivery obligations and support costs. Y Combinator’s backing also does not disclose his retained ownership fraction. The strongest portfolio interpretation is an entrepreneurial restart with substantial operational involvement. His historical FaZe association may support credibility and recruitment, but the present investment case must stand on TryNearby’s own customer economics rather than inherited fame or an assumed personal allocation of past transaction values.

Business Profile

TryNearby’s customer is a local restaurant that wants nearby consumers to discover it. FaZe Apex’s new business therefore sells repeatable marketing execution rather than his own appearances alone. Restaurants subscribe, creators visit and publish content, and the platform coordinates the work. The service can become valuable when it removes enough scheduling and relationship management that an owner prefers paying each month to arranging individual creator engagements without an intermediary.

The $399 monthly offer makes service cost discipline central. TryNearby needs to deliver useful visits and communication without allowing human coordination to consume most of the subscription. Its description of automated matching and iMessage-based support addresses that problem directly. We see a potentially scalable workflow only if automation handles normal cases reliably and exceptions remain manageable. A conversation processed by software is not itself an economic benefit if errors subsequently require more staff time to repair.

Locality changes the distribution advantage Abdelfattah brings from FaZe. A very large national following can produce impressions that do little for a single restaurant’s foot traffic. TryNearby instead needs creators whose actual audiences live close enough to become customers. Matching quality therefore matters more than the largest headline follower total. A restaurant can justify repeat spending when content reaches plausible diners and visits occur dependably, even if an individual creator has a relatively modest audience.

The company’s Summer 2026 accelerator participation supplies a framework for building the product and recruiting a team, but does not make the underlying service profitable automatically. Restaurants can be sensitive to marketing budgets, and creator availability varies by neighborhood. Serving a new geography requires enough suitable businesses and creators on both sides. TryNearby’s business quality will depend on repeat bookings, restaurant retention and the cost of delivering the promised service. Those operating measures are more useful than attributing the historical reach or public-market valuation of FaZe to an unrelated new company.

Ownership

Controlled Businesses

Companies Currently Owned or Controlled

  • TryNearby
Companies currently owned or controlled
CompanyRelationshipRoleSince
TryNearbyShared controlFounder and CEO2025

Control & Capital Allocation Analysis

TryNearby lists Yousef Abdelfattah as founder and CEO alongside a founder responsible for operations and another for technology. This division of responsibilities gives a clearer picture of practical authority than the broad label FaZe co-owner. Abdelfattah leads the business, with Albaroudi overseeing operations and Ibrahim responsible for the technology. The arrangement supports a shared founder-control interpretation without revealing the precise share allocation or the decisions that require investor or board approval.

TryNearby’s automated agents make operational authority especially concrete. They arrange visits and communicate with creators, so software can trigger actions affecting customer obligations. We would distinguish the CEO’s strategic responsibility from the controls needed around these everyday actions. Permissions, escalation and visibility into failures determine whether automation reduces overhead safely. A restaurant’s subscription should not depend on an unanswered rescheduling problem simply because the nominal task was assigned to an agent.

Abdelfattah’s FaZe history also demonstrates why executive titles and equity must be separated. GameSquare’s March 2024 acquisition changed the ownership framework even when familiar founders returned to management roles. The later end of the creator operation further changed the business attached to those titles. A historical label cannot establish present control of the surviving esports company. Governance at TryNearby must therefore be assessed from its own founder relationships rather than importing rights from an earlier organization.

Y Combinator participation in 2026 establishes external backing, but does not publish an individual cap table. Founder leadership can coexist with investor protections and future dilution. For TryNearby, practical control will be useful when it keeps product decisions close to restaurant outcomes while assigning clear accountability for operations and engineering. Abdelfattah’s distribution experience is an advantage only if the organization can convert it into reliable delivery without making every commercial decision depend on his direct intervention. Authority that scales through clear responsibilities is financially more durable than a founder title unsupported by execution capacity.

Investments

Minority Stakes, Investments & Brands

Minority-Stake & Investment Analysis

TryNearby is an operating commitment for FaZe Apex rather than a passive angel position. He brings creator relationships and commercial experience while the other founders contribute operations and technical development. The capital at risk includes time and organizational capacity as well as any cash invested. A useful return depends on building a recurring service that restaurants continue purchasing after the initial introduction, not simply on launching a recognizable founder’s new project.

Y Combinator’s Summer 2026 backing supports development, but its presence does not establish an independently negotiated price for Abdelfattah’s personal stake. Financing terms, employee equity and later rounds can change the founders’ eventual participation. We would connect new spending to specific delivery bottlenecks: creator recruitment, reliable matching and the handling of restaurant accounts. Raising capital without improving those constraints could increase the company’s cost base before it strengthens its ability to retain paying customers.

The $399 monthly product sets a demanding relationship between price and service intensity. Expanding into a city requires enough suitable creators to deliver visits without excessive manual recruitment. Existing restaurants must see sufficient value to renew while new customers are acquired at a cost that can be recovered. These conditions make density more important than superficial geographic reach. A compact, well-served restaurant base can offer better returns than a large map of locations that each require individualized intervention.

TryNearby’s use of Replit is a production choice, not a personal investment by Abdelfattah in the development platform. Similarly, helping restaurant customers market themselves does not convey their equity to him. The principal allocation question is how much to reinvest in the startup’s own repeatable workflow before pursuing additional markets or products. The FaZe experience supplies knowledge of creator incentives, but the new company must earn its return through service delivery. The opportunity is strongest where local audience relevance and dependable execution create a customer benefit that survives beyond the novelty of a celebrity-associated launch.

Deals

Transactions, Acquisitions & Exits

2Exits

Deal Activity Timeline

2024
Exit
FaZe Holdings Inc.
Buyer: GameSquare Holdings | Acquired
2025
Exit
FaZe Media
Creator operation ended

Former Companies & Exits

Former companies and exits
CompanyFormer RelationshipExitBuyerOutcome
FaZe Holdings Inc.Former shareholder2024GameSquare HoldingsAcquired
FaZe MediaFormer co-owner and COO2025Creator operation ended

Transaction & Exit Analysis

GameSquare completed its acquisition of FaZe Holdings Inc. in March 2024, replacing the previous standalone public-company ownership framework. For FaZe Apex, that is a genuine change in the investment associated with his earlier shareholder position. It was not a published individual cash sale by Yousef Abdelfattah. His eventual personal outcome depends on the securities received, subsequent disposals and applicable obligations, none of which can be reconstructed simply from the aggregate corporate transaction description.

FaZe Media’s later creator collapse is a different event. The December 2025 departures and operational reset should not be described as another successful cash realization for every historical founder. Ending an operating relationship can leave unresolved rights or obligations without producing an exit payment. We distinguish that outcome from the earlier acquisition so that closure, ownership transfer and personal liquidity are not treated as interchangeable accomplishments. A former operating company is not automatically an asset sold at a disclosed profit.

TryNearby begins a fresh investment cycle rather than serving as evidence of proceeds from FaZe. A future buyer would examine restaurant retention, service delivery and the cost of expanding local creator coverage. If those functions depend heavily on Abdelfattah’s own introductions, the business may be difficult to transfer at an attractive price. If the matching workflow and customer relationships function independently, an acquisition could be more plausible. These are valuation considerations, not an announced sale process or a prediction of buyer interest.

The startup’s 2026 financing relationship can also create liquidity distinctions over time. New capital generally supports corporate plans; a secondary transaction compensates an existing security holder. Neither should be assumed from accelerator membership alone. For Abdelfattah, a favorable eventual exit would require a realizable value for his remaining securities after dilution, transaction costs and other claims. Until such terms are documented, the economically meaningful story is a move from a disrupted legacy entertainment structure into an active founder venture, without assigning invented personal proceeds to either the transition or its future possibilities.

Wealth

Wealth, Income & Financial Trends

Net Worth & Sources of Wealth

Net Worth

Jun-2024
$4 million
Latest dated figure
Business equityPrimary source of wealth

Wealth & Income Analysis

Wealthy Persons lists FaZe Apex at $4 million on a page modified June 29, 2024. The article’s body uses a later July reference and describes the amount as a lower-bound claim rather than supplying a balance sheet. Its biographical and ownership descriptions are also dated. We therefore regard the displayed figure as weak historical reporting, not a current appraisal of Yousef Abdelfattah’s wealth. Other biography pages circulate different totals without resolving the underlying assets and obligations.

TryNearby did not exist when that article was updated. Its 2025 formation and Summer 2026 accelerator participation introduce a new private equity exposure, but no published value of Abdelfattah’s holding. Subscription receipts belong to the company and must fund delivery, payroll and other costs. They should not be added directly to his personal wealth. Equally, a financing headline would need the share class, dilution and liabilities before it could support an attributable founder valuation.

FaZe Holdings Inc.’s acquisition by GameSquare was an all-stock corporate transaction. The existence of that transaction does not establish how many replacement securities Abdelfattah subsequently retained or sold, or what taxes and restrictions applied to him. The later disruption of FaZe Media also does not prove that every earlier shareholding had already become cash. Personal liquidity depends on actual realizations and obligations, not the public prominence of a past company or the maximum valuation attached to it.

Abdelfattah’s current financial position could therefore differ materially from the $4 million historical claim in either direction. A credible calculation would separately reconcile any remaining liquid investments, proceeds actually received, liabilities and the realizable value of his TryNearby securities. No annual salary or personal distribution is established by the startup’s public subscription price. The financially relevant distinction is between earning business revenue, owning a potentially valuable company and possessing freely spendable assets. The available personal wealth articles do not provide the detail necessary to collapse those three measures into one precise current number.

History

Portfolio Development Over Time

Business Ownership Timeline

2010
Creator career begins
Abdelfattah’s YC biography dates his early YouTube activity to age fourteen.
2022
FaZe public-market phase
The earlier entertainment group becomes a public company.
2023
Shareholding documented
The proxy identifies Abdelfattah among beneficial owners.
2024-03
GameSquare merger completes
FaZe’s standalone public shares cease trading.
2025
TryNearby founded
Abdelfattah builds the new business with operating and technical co-founders.
2025-12
FaZe creator era ends
Departures and business disruption end the former operating structure.
2026
Summer accelerator participation
TryNearby joins Y Combinator’s Summer 2026 batch.

Business Trajectory Analysis

Abdelfattah’s long creator career gave him experience building audience relationships before he established TryNearby in 2025. The new venture applies that experience to a narrower commercial problem: helping nearby restaurants become visible to nearby diners. This is a substantive change in customer proposition. A creator audience can provide an introduction, but a restaurant renews a service because it believes the marketing is useful and dependable, rather than because the founder previously helped build FaZe.

The separation from FaZe matters to the sequence. The 2024 acquisition altered the old company’s ownership and the end of the creator era in December 2025 reduced the relevance of its legacy operating labels. We see TryNearby’s development as an attempt to build a new commercial system rather than preserve a title from the earlier organization. Its future should be judged by restaurant results, fulfillment reliability and retention, not by the historic public-market ambitions of the previous group.

Summer 2026 participation in Y Combinator supplies a clear milestone for the startup. The platform describes a repeatable subscription supported by software agents, and its hiring plans seek additional capabilities around engineering, operations and growth. The challenge is to expand without rebuilding a labor-intensive agency underneath an automated interface. More customers create value when the coordination cost per account remains manageable and the service remains reliable enough to sustain recurring payments.

For FaZe Apex, the next material development is evidence that TryNearby’s local model works beyond an initial concentrated market. Recruitment must produce creators with relevant nearby audiences, while restaurant acquisition should not outrun the platform’s ability to deliver visits. Stronger retention would make future growth less dependent on continually replacing cancelled accounts. Weak delivery or rising manual support would undermine the expected benefit of automation. Abdelfattah’s trajectory therefore rests on proving a repeatable operating model with his partners, rather than expanding a list of nominal holdings or treating accelerator admission as a completed investment return.

Ownership Misconceptions Explained

Apex controls every surviving FaZe business.

The old group’s acquisition, subsequent split and creator departures changed the ownership and operating structure. A historical co-owner label does not establish personal control of the surviving esports assets. Abdelfattah’s current founder venture is TryNearby, which has its own partners and business model.

Using Replit makes Replit an Apex investment.

A development platform can help a founder build a product without transferring equity in the platform itself. Abdelfattah’s discussion of building TryNearby with Replit establishes a technology relationship. It does not establish a personal shareholding in Replit or its other customer businesses.

The subscription price is a personal earnings figure.

Restaurants pay TryNearby for an ongoing service. That business revenue must support delivery and company obligations before any salary or distribution reaches an owner. A product price cannot establish Abdelfattah’s annual compensation, net profit or the market value of his personal securities.

Accelerator admission fixes Apex’s current ownership percentage.

Participation establishes an investment and development relationship without disclosing the individual founder allocation. Securities terms, employee awards and later financing can affect the retained interest. A company’s accelerator listing does not reveal Abdelfattah’s precise voting power or a guaranteed personal return.

Frequently Asked Questions

What business does FaZe Apex currently lead?

Yousef Abdelfattah, known as FaZe Apex, is founder and CEO of TryNearby. Y Combinator identifies it as a 2025-founded company in its Summer 2026 batch. His co-founders supply operations and technology leadership, while the business sells recurring local creator marketing to restaurants.

Does Apex own the restaurants served by TryNearby?

TryNearby’s 2026 launch describes restaurants subscribing to a marketing service, not transferring their shares to the platform or its founders. Creators visit and publish local content. Those customer relationships create service revenue without establishing personal restaurant ownership for Abdelfattah.

Are FaZe Apex and FaZe Banks the same person?

No. Apex is Yousef Abdelfattah; Banks is Richard Bengtson. Their names refer to different individuals with overlapping FaZe history. The March 2024 GameSquare acquisition involved the former shared organization, while Apex’s current TryNearby founder role belongs to his separate business career.

Did the GameSquare acquisition pay Apex a disclosed cash sum?

The March 8, 2024 completion concerned a corporate merger and the end of standalone FaZe securities trading. It does not disclose an individually reconciled cash payment to Abdelfattah. Replacement securities, later sales and personal liabilities would need separate evidence to establish realized proceeds.

Does the historical $4 million claim value TryNearby?

The Wealthy Persons article was modified in June 2024, before TryNearby’s 2025 formation. Its personal fortune claim lacks an asset reconciliation and contains inconsistent date references. It cannot establish a present valuation of Abdelfattah’s startup shares or his available liquid resources.

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