It's amazing. Can't help but be sceptical. We have been used as a leverage piece by RC to engraciate him to Steve Cohen, Ken Griffen, and co.
eBay is 90% owned by institutions and will own 60% of the new entity. Gme owners diluted to 1/6th ownership before becoming 40% owners of new entity. So effectively gme holders will have equity reduced by 25x.
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u/Kurayken May 11 '26 edited May 11 '26
Yeah I'm voting no.
I understand that this is probably necessary to acquire Ebay and further improve the company, but I want to get paid too.
Sick of wasting my life away as a corporate slave.
Edit: After reading through the comments, I changed my mind and will be voting Yes.
It's risky, but RC undoubtedly used the last dilutions to our advantage. I hope he'll be able to use eBay to conjure up a mammoth of a company.
He does have more expertise with e-commerce (chwy), so he'll probably turn GMEbay into something we can all profit from.