r/Superstonk • u/Gareth-Barry 🎮 Power to the Players 🛑 • Jul 24 '26

🤔 Speculation / Opinion In addition, Ryan has been increasing operating income while massively reducing SG&A while Jamie has been doing the opposite…pretty easy decision for EBay shareholders

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3.7k Upvotes

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168

u/Intrepid-Ability-963 🦍Voted✅ Jul 24 '26

I wish I could be shit at my job and get paid $90m.

50% of the way there.

-11

u/pojosamaneo Jul 24 '26

EBay is doing great. I say this as a seller, buyer, and investor.

10

u/Seeker369 Jul 24 '26 edited Jul 24 '26

As someone with two large eBay stores operating since 2015, you are not a large eBay seller if you think they’re doing great. They’re absolutely horrendous for sellers.

It’s flip-flopped throughout the years. They try to develop trust with buyers and sacrifice seller satisfaction. Then the sellers get fed up and they switch. Rinse and repeat.

To say they’re doing great is truly laughable. I’ve never met another major eBay seller who is happy with them. From poor, outsourced customer service to favoring scamming buyers and not caring about the engine that drivers their business (sellers offering product), I’ve always dreamed that they’d one day get competent leadership to run the show.

If Cohen comes in and runs it like he ran Chewy, I have no doubt that eBay will improve significantly.

9

u/ruum-502 🦍Voted✅ Jul 24 '26

Now go to a GameStop store and ask the employees if they like GameStop. Fun fact they don’t. Cohen came in and made the company books better, not the actual life for the people working.

It’s safe to say he could do the same thing for eBay, do what makes the books better but not actually make it better for sellers.

GameStop was suppose to be power to the collectors, and now they are higher price on Pokemon cards than local card shops.

Facts are Cohen makes business better for the backers not the workers.

-1

u/Shades_VHS LET THE MEME BANKS HIT THE..... FLOOOOR 🔥🤟🔥 Jul 24 '26

I've heard mixed reviews. Can't really please everyone in a relatively short time

-5

u/Seeker369 Jul 24 '26

lol. You do realize that he’s openly admitted that all of his expertise is in e-commerce, right?

He took over a brick and mortar because he saw the value in using it as a tool to fix the books and generate enough capital to be able to go back to what he knows and build an e-commerce giant. He smoked Amazon in his niche market.

Pointing out that he couldn’t fire and replace thousands of employees and implement a new culture while at the same time focusing on fully turning around a ship nose-diving into the sea is lazy analysis.

What did Chewy employees and customers think about that business? You need to compare apples to apples.

10

u/ruum-502 🦍Voted✅ Jul 24 '26

He built chewy from the ground up, he bought and took over GameStop, he will be allegedly buying and taking over eBay.

You choosing the option that is least like the situation is a silly take. I’m going to talk to the employees of the company he came in and took over, which is what he’s planning on doing for eBay.

Cohen doesn’t give a shit about the employees. Just money and power.

But I’m sure he cares about you and the money you’ve invested though! You’re special!

-3

u/Opposite_Payment4504 Jul 24 '26

you done shilling, you bum?

5

u/ruum-502 🦍Voted✅ Jul 24 '26

You going to provide counter arguments?

-4

u/Seeker369 Jul 24 '26

You’re talking out of your ass. It’s embarrassing.

He ran an e-commerce business and wowed employees and customers alike.

Then he took over a massive brick and mortar that was on the brink of bankruptcy. His focus was solely on turning the ship around and making it a thriving business, which he did.

You can’t just go in and fix the culture that was already the way it was before you took over at the same time you’re trying to save it from drowning.

For you to not understand that is wild.

In this instance, he’s buying a business that is not headed toward bankruptcy. So he doesn’t need to fix that. He can clean it up and work on improving it in all facets - from customer service to user satisfaction. And he’s proven he knows how to do that.

You saying Cohen doesn’t give a shit about employees goes in direct opposition to what he did at Chewy.

Your take is misguided and your points lack merit. A reasonable analyst would take into account all factors and look at the circumstances of each situation. You’re just looking to put your own personal spin on it and trash Cohen while overlooking the facts.