Live data from Hacker News

GameStop appoints chief technology officer and two additional executive hires

news.gamestop.com

1–10 of 199 posts

Re: GameStop appoints chief technology officer and two additional executive hires

#2
Is this the first actual corporate news from GameStop itself during the frenzy of the last several weeks? I'd love to have been a fly on the wall in one of their boardrooms during the maelstrom, when they were a front page story for basically every news site on the planet.

Re: GameStop appoints chief technology officer and two additional executive hires

#3
post #2

Is this the first actual corporate news from GameStop itself during the frenzy of the last several weeks? I'd love to have been a fly on the wall in one of their boardrooms during the maelstrom, when they were a front page story for basically every news site on the planet.

Yes that is the first news since Ryan Cohen joined the board in mid January.

Re: GameStop appoints chief technology officer and two additional executive hires

#4
post #2

Is this the first actual corporate news from GameStop itself during the frenzy of the last several weeks? I'd love to have been a fly on the wall in one of their boardrooms during the maelstrom, when they were a front page story for basically every news site on the planet.

Yes, that is why I shared it. It is the first times we heard anything from them since this frenzy began.

Re: GameStop appoints chief technology officer and two additional executive hires

#7

I was wondering if GameStop would use their once in a lifetime overpriced valuation to raise money to invest in a game streaming platform (ie Netflix for games).

Isn't current market already saturated and kind of underperforming commercially ?

Re: GameStop appoints chief technology officer and two additional executive hires

#9

I was wondering if GameStop would use their once in a lifetime overpriced valuation to raise money to invest in a game streaming platform (ie Netflix for games).

They do (or did) own Spawn Labs, which was a cloud streaming device for game consoles around 2010-2014.

It no longer exists, but they likely still retain IP in this realm.

Re: GameStop appoints chief technology officer and two additional executive hires

#10

I was wondering if GameStop would use their once in a lifetime overpriced valuation to raise money to invest in a game streaming platform (ie Netflix for games).

Yeah even if they pivot to be a completely different business model, no massive influx of cash is a bad massive influx of cash. Many companies would kill to suddenly go from death spiral to multi billion dollar.
Post reply on HN