This is a very interesting read. Sounds to me like if Asha’s plan doesn’t work and the next gen Xbox isn’t a hit, Microsoft might carve it out or sell it, which I’ve thought they should consider for years. $GME

I love Pokemon cards $GME

Decent article on $GME published today on @Forbes. One thing they missed, there is a possibility he can take over $EBAY without any additional immediate capital or share issue, much like how he took over the GameStop board in early 2021 (activist). This path has already been reasonably disclosed to the public markets intentionally in the 425 campaign, along with other optionality they retain. It can come to that soon, but also could be a while (next year). Earlier this year, a different activist shareholder named John Chevedden had a proposal at the eBay annual shareholder meeting to lower the ownership threshold required to call a special meeting (for things like let’s say, removing/replacing the board and other leadership) from 20% to 10%. It failed to pass, but did get 42.9% of the vote (majority required to pass). GameStop at the time did not own any material voting power. Now they own 9.8%. What I’m inferring is even if it takes a while, a vote next year to replace the board with RC & Co could reasonably pass, and allow GameStop to take over the board of eBay and perhaps slowly add more equity over time à la Buffett and Geico. All is to say, there are different paths than the ones described in the article to get eBay, and they have actually been reasonably disclosed in the 425 campaign run by RC as possibilities. We’ll see what happens.