I Wonder if Gamestop is Hiring Right Now? What Might They Build with 10 Billion Dollars?
Gamestop got a billionaire investor over the summer, a massively rising stock price, and massive interest from a motivated and passionate following. As you can see from the chart above, they’ve added over 10 Billion in market cap, mostly in the past few days. They are now massively overvalued for what standard guidance or revenues say. You can read about the story all over the internet, but I’m here to ask another question.
What if they didn’t crash back to the ground?
What if new investors stayed in, and the company treated this cash influx smartly, if not radically? They could change more than one industry in a fairly big way.
With an extra 10 billion dollars, why not:
- Build a new video game streaming service to compete with Twitch, with more power going to the players?
- Buy out Valve — thus owning the Steam platform as a foundation
- Heavily invest in VR, digital distribution and redesigned retail experiences.
- Whatever else the excited and vocal investors might want done.
In a lot of ways, this is like Gamestop doing a big crowdfunding campaign without even knowing it. So, can they plan fast enough? Could they build a democratic system of blockchain voting for where they should put their focus? Could the hive-mind of investors guide them towards a successful, satisfying future, as everyone owns a piece of it? If you ask me, that’s kind of the point of a public company. Certainly, volatility will play out from here on out. I’m curious to see if Gamestop can respond in a manner that might solidify what happens next.
Should be interesting to see where it goes from here.
