🔍 GameStop (GME) from a VCs perspective.
Would YOU invest?
In 2009, 80% of computer and video game sales were sold in stores.
In 2018, that number had dropped to only 17%! (Statista)
→ The end of GameStop, one might think...
BUT what if we STOP looking at GME as a legacy business and START examining it
from a VCs perspective — as a startup.
What if VCs were to be presented with a new company that:
➡️ Increased e-commerce sales by 309%, reaching $1.35B+
➡️ Operates in a several hundred billion TAM
➡️ Has a strong balance sheet
➡️ Possesses a widely recognized brand
PLUS activist investor Ryan Cohen is set on ending GME’s brick-and-mortar era,
aiming to transform the business into a robust e-commerce platform.
Quick reminder: As the co-founder and former CEO of pet e-tailer Chewy, Cohen
has successfully taken on e-commerce giants like Amazon before (Chewy was
acquired for $3.35B).
Will he be able to do it again?
GME in 10 years' time: TOP or FLOP?? 🤔
#investors #VentureCapital #startups #Data
CapLinked - Trusted Virtual Data Rooms for PE, VC, MA, and more
Post credit to our COO/ Founder Christopher Grey
Originally posted by Greg Brinson on LinkedIn
link: linkedin.com/in/gregbrinson
Would YOU invest?
In 2009, 80% of computer and video game sales were sold in stores.
In 2018, that number had dropped to only 17%! (Statista)
→ The end of GameStop, one might think...
BUT what if we STOP looking at GME as a legacy business and START examining it
from a VCs perspective — as a startup.
What if VCs were to be presented with a new company that:
➡️ Increased e-commerce sales by 309%, reaching $1.35B+
➡️ Operates in a several hundred billion TAM
➡️ Has a strong balance sheet
➡️ Possesses a widely recognized brand
PLUS activist investor Ryan Cohen is set on ending GME’s brick-and-mortar era,
aiming to transform the business into a robust e-commerce platform.
Quick reminder: As the co-founder and former CEO of pet e-tailer Chewy, Cohen
has successfully taken on e-commerce giants like Amazon before (Chewy was
acquired for $3.35B).
Will he be able to do it again?
GME in 10 years' time: TOP or FLOP?? 🤔
#investors #VentureCapital #startups #Data
CapLinked - Trusted Virtual Data Rooms for PE, VC, MA, and more
Post credit to our COO/ Founder Christopher Grey
Originally posted by Greg Brinson on LinkedIn
link: linkedin.com/in/gregbrinson