@ryancohen $GME . Good article, points to why investors may want to steer clear of Ebay as a stock. All items you’ve brought up (things you would address). 1. Declining Active buyers 2. Projected Revenue Growth is slim. 3. Shrinking ebitda Margin https://t.co/8dlzKbat30
@sneedweb If he can get this deal done it will be the best thing to happen to $EBAY in 25 years. Cohens e-commerce knowledge is world class. I witnessed it first hand at $CHWY . Alan, Larry, Jim all Chewy people all on the $GME board. No salary for Cohen or the board, not a coincidence.
@ValueAddedRS Well I suppose after a hard days work of selling shares and spending marketing dollars. One requires a view to reflect and look down on those whos sellers fees you've worked so diligently to collect.
Interesting read, perhaps a lesson from the past for $ebay shareholders to consider. @ryancohen@larryvc . "Great companies do not only collapse because competitors get stronger. Sometimes they collapse because leadership stops prioritizing the business itself " I'd be willing to bet that in 2005 if someone called the sears leadership team "sleepy" it woudnt have gone over well. https://t.co/NfRoE2ZnF2