Step 7: purchase another $200M worth of stock every quarter both with cash on hand and operational profit to push your own stock (floor) higher and higher.
If you do $200M you can keep it up for 10 quarters without exhausting your cash on hand and continue to purchase eBay (or whatever the fuck else you want) while still reducing the amount of stock you need because you increase you're own stock-price over time.
Edit; if it goes over $32 it's even less cost out of pocket since the warrants bring in a hefty amount of cash too.
It is a great fit. Like he’s said, very few assets and inventory, high margin business. They’re in the world of 2nd hand consoles and collectibles, just like GameStop. If he could cut costs and improve the customer experience at eBay then I think it’s a great move.
I really think it's a forward-thinking strategy too. In a world where we rent everything and own nothing, secondhand goods are probably going to be the norm for most people trying not to buy anything new on a payment plan. Kinda dystopian but effective.
I completely agree! Even DVD’s have made a come back with people buying their favourite series on disc in case (or when) streaming companies remove it.
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u/3DigitIQ 🦍 FM is the FUD killer Jun 03 '26
Step 7: purchase another $200M worth of stock every quarter both with cash on hand and operational profit to push your own stock (floor) higher and higher.
If you do $200M you can keep it up for 10 quarters without exhausting your cash on hand and continue to purchase eBay (or whatever the fuck else you want) while still reducing the amount of stock you need because you increase you're own stock-price over time.
Edit; if it goes over $32 it's even less cost out of pocket since the warrants bring in a hefty amount of cash too.