What's up with C9?

Can't pay too much attention to Valorant these days but when rumours came out that C9 was dropping yay, I thought they were trolling. Now I'm looking this up again and C9 actually dropped him?

People are saying it's role issue or money issue but is there any evidence for these?

Money Money Money

For yay i think money + agent pool issue
For vanity its skill issue

here before qwerty 🗿

Maybe some of their investors had money tied up in SVB

Or maybe C9 itself had money tied up in SVB