I am unsure how a Gamestop/eBay storefront would do. Physical manifestations of "eBay stores" have existed in the past and none of them did very well long term.

For the benefit of all the people on this thread not understanding what the proposal is for the acqusition: "A leveraged buyout (LBO) is the acquisition of a company (typically by a private equity firm) using a significant amount of borrowed money (debt) to meet the purchase price, often 60% to 90% of the total cost. The target company’s assets are used as collateral for the loans, which are repaid using the company's future cash flows."

Edit: Also, the fact that company leadership can get away with this kind of thing, fleecing retail investors for millions/billions of dollars, and face no consequences is...I dunno. I guess it's just normal now. Lawlessness, bribery, favors to the right politicians, lying without hesitation or remorse. People in media clutching their pearls over whatever the Gen Z kids are getting up to on TikTok while this shit is going on is just the icing on the cake.

Then I watched the video.

> I would trust that guy to make a sandwich.

Don't worry, we are just trusting him with around a measly 11 billion dollars.

This isn't even the worst part by the way, somehow the worst part to me feels like there are people who watched that interview and then somehow got even more convinced within this person/gamestop and publicly glaze him.

To them, I have a question like, are we watching the same interview? How can anyone watch that interview and then consider it in any way positively or anything like that, like huh, have we watched the same interview?

Perhaps some of us at first (like within that HN discussion) were/are trying to justify as if it is some massive brain effort by gamestop or anything and its a 5d chess move ,but to me, this interview showed me what the reality is actually.