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cover of episode The Meme Stock Cult [TEASER]

The Meme Stock Cult [TEASER]

2023/5/15
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If Books Could Kill

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This chapter delves into the initial skepticism surrounding GameStop's potential for success. It highlights the prevailing belief that the rise of online video game purchases spelled doom for brick-and-mortar stores like GameStop. The chapter explores arguments for and against GameStop's survival, including the company's proposed shift towards e-commerce and its expansion into gaming accessories and merchandise.

Shownotes Transcript

In 2021, scrappy young investors from across the world joined forces to buy GameStop stock, aiming to take down greedy hedge funds. What came next was tragedy, injustice, and a conspiratorial internet cult so stupid we had to do an episode about it.

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