Joe Marsh is the CEO of T1 Entertainment and Sports, the group behind South Korea's most successful esports team. Prior to running T1, Joe worked at Comcast Spectacor, the owners of the Philadelphia Flyers, and became a part of its initial esports group, who now own the Overwatch League's Philadelphia Fusion, have relaunched gaming TV network G4 and are co-owners of T1, alongside South Korea's SK Telecom.

"The issue is the people that had bloated valuations a couple years ago and now they have no revenue to show for it. They can't raise new capital because everyone's taking a down round and that is why you're seeing the esports winter approaching."

You can follow Joe and T1 here.

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