Saturday, April 10, 2021 10:15:54 PM
The new management is serious about turning this ship around, and frankly given the publicity and exposure this company had, I expect them to be able to hire great engineers easily.
People are in a sense volunteering to build a better empire. In their own image. They believe in the cause, they drank the koolaid. This is the secret ingredient that powered 2004-circa google and 2007-facebook. Faith in building something amazing that will change the world.
This is what keeps people going.
GME cautiously holds a golden egg. A beloved Brand, a rockstar-type leader (Cohen), a mass of young people equating gamestop's success with fixing a broken, evil financial system that wants to see american companies go bankrupt.
Yes people will be laid off, yes stores will close. And 1b in cash will be raised. GME will only become stronger through this.
The board of directors is paid in equity, the job postings mention a business case that will be studied for decades, and it's true.
Yes, GME will be a business school study case.
GME will be ran like a startup, a hotshot startup that doesn't need to prove market-fit, business cases, or build a beloved brand. Because it has already achieved customer loyalty, publicity, positive brand sentiment. And do not forget that everyday new gamers are born. A growing market. GME sits in a very good position, perhaps the best of all worlds.
Brand loyalty, market fit, growing market, new business cases + young crazy ambitious people innovating non-stop.
Remember: Hire people smarter than you and let them thrive in your culture.
It will be a thing to behold that is for sure. If I wasn't stuck with my golden handcuffs I would join them too to be honest. GME, Cohen and team are building the future.
Recent GME News
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 10/25/2024 08:52:57 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 10/25/2024 08:51:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/15/2024 09:10:14 PM
- GameStop Announces Collaboration with PSA • GlobeNewswire Inc. • 10/15/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/11/2024 10:48:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/11/2024 10:47:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/11/2024 12:13:04 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/10/2024 09:46:07 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/07/2024 11:56:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2024 09:18:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2024 09:17:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/02/2024 11:38:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/02/2024 11:37:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 08:07:45 PM
- GameStop Completes At-The-Market Equity Offering Program • GlobeNewswire Inc. • 09/23/2024 08:05:00 PM
- AIG names new CFO; Progyny Drops 24% After Losing Key 2025 Contract; Exicure Jumps 190% With Nasdaq Extension • IH Market News • 09/19/2024 10:26:48 AM
- GameStop plunges 11% on stock offering, DJT drops post-debate, GSK fails shingles vaccine trial • IH Market News • 09/11/2024 10:25:41 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 09:03:30 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 09/10/2024 09:00:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/10/2024 08:29:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 08:20:50 PM
- GameStop Discloses Second Quarter 2024 Results • GlobeNewswire Inc. • 09/10/2024 08:05:00 PM
- US Index Futures Drop Amid Economic Report Caution; Oil Prices Fall • IH Market News • 09/10/2024 10:04:01 AM
- Dell, Palantir, and Erie Will Be Added to the S&P 500; Boeing Avoids Strike; Apple Event Takes Place Today • IH Market News • 09/09/2024 10:05:35 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 08:26:17 PM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM