• 5 Posts
  • 16 Comments
Joined 1 year ago
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Cake day: July 20th, 2023

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  • New_acct_3OPtoDRS Your GMECFO out
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    1 year ago

    Exactly. GME is a legacy corporation they’re trying to pivot into tech. You can’t just pivot overnight and expect everybody to be onboard chasing the shiny new toy. There are definitely people out there that would buy into RCs vision and be experienced and smart enough to do it – but, are they willing to take the risk on his vision in shares vs taking that risk with a healthy cash compensation package? He whines about the C-suites all over the world being vastly overpaid, and he’s correct. But there’s a line between paying for the talent you need that aligns with you want to do, and just taking your ball and going home because you don’t want to bid what the market is asking for salary to do those things.

    I don’t live in the multi-billion dollar corporate circles, but I work in them. If I truly thought Furlong was “the guy” I wanted, I’d have been paying him over a million a year plus tiered growth stock incentives and cash bonuses. It lets the guy live his life as he was probably accustomed to coming over as a former division president of AMZN, and still gives him tangible accelerators and bonuses for company growth. A million bucks a year for a quality CEO of a multi-billion dollar corporation is a bargain.


  • New_acct_3OPtoDRS Your GMEHate this spam nonsense
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    1 year ago

    I’m not insulting household investors. Not most of them, at least. I’m insulating a lack of logical thinking pushed by malicious actors to set up a narrative like $200m or something could possibly happen. As for reddit being predominantly karma farming accounts and bots, yes, absolutely.


  • New_acct_3OPtoDRS Your GMECFO out
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    1 year ago

    Just to add a quick note to this. There’s almost nobody who’s going to work as hard as RC. There’s almost nobody who’s going to WANT to work that hard. People like him – he’s got the same drive as every other billionaire. Accumulate more and more while trying to force others to see his “vision” This is not shitting on the guy at all, but when I saw Furlong’s comp package when they hired him, I was like, “ai yi yi”. See, RC already built a startup. He went through the pain and misery of having to find funding and VC money. He did earn his billions pretty honestly relative to a lot of the scheissters out there. Nobody coming on as CEO is going to have that same perspective. Furlong was a company man, and again, that’s fine. The guy relocates across the world for a salary less than some of us here make, and they load him heavy with options on a stock that continued to trend down for the entirety of his stay there. If I was Furlong, I’d have felt grifted and been pissed. Check out the sales subreddit. This happens to people constantly in the startup and SAAS world. You’re sold some VC’s dream, and it doesn’t do shit after 5 years and the company folds.

    The great “vision” or whatever RC has, you’re not going to find people willing to work for essentially free on your hopes and dreams. Outside of the board, nobody at that company can just faff about and afford to put their entire lives into that vision. If you want people to WORK, you compensate them properly. You hire people aligned with your strategy and you give them money. Stock is fine too, but sideways trading shares don’t pay mortgages or medical bills.
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  • New_acct_3OPtoDRS Your GMECFO out
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    1 year ago

    I think she was just in temporarily until GME decided who to slot in as the full time CFO. Looks like they picked a guy who’s been there for a couple years already doing tax stuff.













  • New_acct_3OPtoDRS Your GMEHi everyone! Fuck Reddit!
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    1 year ago

    Reverse repo and other daily changing content posters are useful to give information to those who might not be bothered to look it up otherwise. On the other hand, you have the daily spammers who post the same stupid shit, and the bots like kaaroth that insta-grab RC tweets and post them.


  • New_acct_3OPtoDRS Your GMEHi everyone! Fuck Reddit!
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    1 year ago

    I have tags on most of the users here that I recognize their names from ss. Mostly just little things like “daily chat poster” or “Plane tracker guy”

    Lots of tags with simply “moron” I keep tabs on a lot of people who jump from stock to stock to push sentiment. LOTS of people spam SS/AMC/BBBY subs

    Some tags that I make note of when someone accidentally reveals a little too much about themselves.

    I’ll see if I can get the data out of RES one of these days. It’s more for my own personal reference though rather than any attempt at scientific data or reasoning.


  • New_acct_3OPtoDRS Your GMEHi everyone! Fuck Reddit!
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    1 year ago

    Receipts are the winning tickets. If for nothing else than “I fucking told you so”

    I made a lot of friends on SS I still talk with. Reasonable, rationale people interested in discussion vs hopium. And I made a lot of enemies. Unfortunately, a lot of those enemies were the people that were mis-managing the sub.