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harvey9today at 10:39 AM3 repliesview on HN

That sneaker company that pivoted to data centers set the 'weird' bar pretty high.

GameStop has physical stores so could be a place to send, collect from or even verify high value eBay items.


Replies

crispyambulancetoday at 11:40 AM

> ...sneaker company that pivoted to data centers set the 'weird' bar pretty high...

"Weird" is the wrong word for Allbirds. "Fraud" is far more fitting. They obviously have no intention running an AI-datacenter business and are doing it for the stock-price rush. A small number of people will be laughing all the way to the bank, and everyone will forget Allbirds in short order.

Ebay has a history of being legit, though they have had a long list of uncanny acquisitions themselves (including Skype, which they later sold for a stiff loss). It's a pity they couldn't just execute on their core business and are now being acquired themselves by an entity using sketchy financial shenanigans.

Who's going to stop a few rich people with a pile of money and a stated intent of doing something they have no intention of doing? No one, I guess. I mean, there's plenty of examples. Supermicro is still listed on NASDAQ even though one of their founders was caught smuggling export-controlled GPU's in Supermicro servers to the tune of 2.5 billion dollars a couple months ago.

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fg137today at 10:44 AM

Based on my own experience with GameStop, that will convince me to stop using eBay completely.

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gizajobtoday at 10:44 AM

EBay is running a platform (very successfully) not a pawnshop.