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  3. GameStop (market cap $12B) is reportedly trying to buy eBay (market cap $46B) according to the Wall Street Journal.

GameStop (market cap $12B) is reportedly trying to buy eBay (market cap $46B) according to the Wall Street Journal.

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  • carnage4life@mas.toC This user is from outside of this forum
    carnage4life@mas.toC This user is from outside of this forum
    carnage4life@mas.to
    wrote last edited by
    #1

    GameStop (market cap $12B) is reportedly trying to buy eBay (market cap $46B) according to the Wall Street Journal.

    While GameStop’s cash balance of $9B is notable, the company will need a lot more tricks to pull this off.

    This is part of the CEO’s goal to get to a $100B market cap to hit his compensation target.

    https://kotaku.com/struggling-video-game-retailer-gamestop-reportedly-buy-ebay-2000692553

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    pizzademon@mastodon.onlineP womble@infosec.exchangeW 2 Replies Last reply
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    • carnage4life@mas.toC carnage4life@mas.to

      GameStop (market cap $12B) is reportedly trying to buy eBay (market cap $46B) according to the Wall Street Journal.

      While GameStop’s cash balance of $9B is notable, the company will need a lot more tricks to pull this off.

      This is part of the CEO’s goal to get to a $100B market cap to hit his compensation target.

      https://kotaku.com/struggling-video-game-retailer-gamestop-reportedly-buy-ebay-2000692553

      Link Preview Image
      pizzademon@mastodon.onlineP This user is from outside of this forum
      pizzademon@mastodon.onlineP This user is from outside of this forum
      pizzademon@mastodon.online
      wrote last edited by
      #2

      @carnage4life really never been a fan of balance sheet based business. The further we get from making money by selling a product to a customer for slightly more than it cost to make, the riskier it is for the whole economy.

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      • carnage4life@mas.toC carnage4life@mas.to

        GameStop (market cap $12B) is reportedly trying to buy eBay (market cap $46B) according to the Wall Street Journal.

        While GameStop’s cash balance of $9B is notable, the company will need a lot more tricks to pull this off.

        This is part of the CEO’s goal to get to a $100B market cap to hit his compensation target.

        https://kotaku.com/struggling-video-game-retailer-gamestop-reportedly-buy-ebay-2000692553

        Link Preview Image
        womble@infosec.exchangeW This user is from outside of this forum
        womble@infosec.exchangeW This user is from outside of this forum
        womble@infosec.exchange
        wrote last edited by
        #3

        @carnage4life need to rebrand as AIStop, they'll have that valuation by close of business.

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