It's called GameStop, not GameStart.
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And that’s basically it!
It's hard not to think of this when you read that.
https://thehustle.co/gerald-ratners-billion-dollar-speech
Video here - https://redirect.invidious.io/watch?v=pW4j_enqQgc
He's right.
The CEO said that? How insightful! That borders on genius! Give that CEO another grotesquely huge bonus! /s
yeah but i receive no money from the company i work for free with my own money
Likewise, CEOs are irrelevant to game quality.
I would say detrimental to game quality.
Gamestop is irrelevant to games. I have never purchased a game at one, but I have never really owned a console.
The amount of negativity here is very positive. Somebody somewhere has an agenda to think they're doing badly as a business 😜
I guess they're just "Stop" then.
Game means more then video games... Table top, board games, card games... Literally they are making bank off card games right now. They are still if not more so right now game stop then ever before.
They do all game shit now instead of just one category.
They are still cunts for doing card grading tho stupid ass shit that is
I’m just happy they are still around either way. Considering how expensive video gaming is getting…I don’t blame anyone from pivoting from it and playing other types of games.
I guess the bottom fell out of the Funko Pop market then?
Which is why I've been going all in on Funko Pops. Buy when it's down!
Idk why everyone is making fun of this. Sony made it very clear that games are going all digital. Gamestop has to take it seriously and they have been pivoting to collectables for a while now, so they are clearly on top of this. Maybe the pivot works, maybe it doesn’t, but they aren’t just sticking their head in the sand and pretending everything is fine.
Their CEO is a clown, that’s a big reason why
GameStop is currently making a serious effort to buy eBay, which would also give them TCGPlayer and station them as a pretty big fish in the collectible card gaming space.
And Ebay has been going to absolute shit for a while now. FB marketplace and Amazon absolutely gutted two of their core profit centers.
It's funny to me that the same crowd of people that rail against the continued fucking over of the public by manipulative corporations are the same people who fork over hundreds of dollars for the artificial scarcity and manufactured demmand of collectible cards.
Every time I think of getting into that hobby, I get the same feeling I get when I go to the casino... like I'm just a mark.
It's such a controversial opinion, but outside of playable games etc... people are basically buying (with 'collectibles') the equivalent of bacon and eggs arranged in a happy face to make a kid giggle. What the fuck are people doing with their lives where they need to have a picture of some cartoon character or a bobblehead of it?
Oh, yeah. My playgroup all gave up on buying official products years ago for that reason. Now we just buy cardstock and toner.
Serious as viewed from GameStop's perspective, and maybe even just one man at the top. eBay has already said their offer is not remotely attractive to them. I think their current CEO unfortunately thinks the only way to run a business is to create controversy. I hope they didn't take the wrong lesson from the Gamestop stock rally, but it seems at least one person did.
I hope eBay doesn’t get enshitified more as it is. I’m still pissed off with Facebook marketplace replacing Craigslist for buying local second hand shit.
What happened with them being a meme stock?
Ceo (who the cult worships) did like 4 huge stock offerings and diluted the float around 300%. Any moass short play is dead but a lot of them are sunk cost fallacy trapped.
Its funny how they always say shit like I’m smooth brain, I just buy. And yeah, they continuously buy GME at set intervals, which.. is what normal investors do (sans diversify). Full circle
They leveraged the market cap to stay in business and become a generic gaming related things retail/scalper hybrid.
To be fair, GameStop has essentially become an overpriced merch retailer.
“Software, it mattered in the past. Software today makes up less than 12% of the business, and collectables makes up over half the business. So, it’s totally, totally irrelevant.”
12% of your business is no way anywhere near "irrelevant."
The 12% is the reason people come and buy the other 88%
Nintendo sells more in merch than in software, they should stop too
The general strategy for GameStop according to all the people in the comments is that they should tell the media that they're completely screwed and will just give up. How dare the CEO try to make it sound like his company is going to continue being successful. Absolutely appalling
This is a sad timeline where used games are becoming irrelevant and you can only pay for games that you don’t actually own and therefore can’t sell. At least the Funko Pop market is alive and well. 🙄
bro nothing makes me less interested in knowing a person than finding out they have a funko pop collection
