2 hours ago · Life · 0 comments

Matt Levine is a genius. On GameStop CEO Ryan Cohen's whacko bid to acquire eBay: [S]ometimes a potential buyer will lob in a bid without the money, and the target will say “okay do you have the money,” and the buyer will say “yes I have a quadrillion dollars in my account at the Vatican Bank,” or “yes I have plenty of money in ancient Mesopotamian bearer bonds,” or “no but I know where Yamashita’s gold is buried and if you finance my expedition I can dig it up,” or “I can turn lead into gold with my mind,” or “money isn’t real man,” or “what? I can’t hear you, I’m going through a tunnel,” or — and I cannot stress this enough — “I’m going to sell my socks on eBay to finance the takeover.” (Cohen was "selling" his socks in eBay to finance the takeover -- until his account was suspended.)

No comments yet. Log in to reply on the Fediverse. Comments will appear here.