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).
GameStop appoints chief technology officer and two additional executive hires
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Re: GameStop appoints chief technology officer and two additional executive hires
#12I 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
#13Is 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
#14Is 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
#15I 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).
Unless they are issuing new stock, or selling stock that they hold, I don't really see how its valuation helps the company. Likely it's very good for their execs, though...
Re: GameStop appoints chief technology officer and two additional executive hires
#16Re: GameStop appoints chief technology officer and two additional executive hires
#17Is 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.
I mean they probably weren’t doing anything except rapidly trying to sell their stock options that had 100x’d. They more than anyone knew they weren’t worth $325 a piece.
Re: GameStop appoints chief technology officer and two additional executive hires
#18I 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.