[Forgeties79]

I did some digging today and learned that he currently takes no salary and stands to make an unbelievable amount of money if he hits certain (pretty unreasonable apparently) benchmarks. I think it was $35billion. My very armchair guess here is that he’s just trying something incredibly loud, brazen, and ambitious because at this point what else can you do? They’ve been falling apart for years, the business has not turned around at all even after the wildly inflated shares they sold to get some liquidity.

He’s already rich and GameStop is falling apart, so really what’s the risk to him if it all goes under? May as well try a moonshot and move on. It’s not like anyone will hold him accountable for failing to turn around a ship that was already deemed sinking many years ago.

[potsandpans]

Could be. But he has to secure board approval for doing something like this. So he apparently was able to convince the GameStop bod that this is a reasonable play.

One has to wonder if there's an unstated interested party ready to back the deal.

[Forgeties79]

Very good point. While I’m very skeptical this will even occur or that it’s a good idea, there is certainly some logic to it. The question is are they all joining in a group delusion, an opportunity to make their final big bucks and walk away, do they really see a path forward, or is it something else entirely. I guess we will find out lol