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Comment by echelon

Here's the biggest reason why -

GameStop CEO Ryan Cohen gets a performance pay if the market cap goes up:

> The total award consists of stock options to purchase 171,537,327 shares of the Company's Class A common stock at a price of $20.66 per share.

  Tranche  Award%  Market Cap Hurdle  EBITDA Hurdle
   
  1  10%   $20 Billion    $2.0 Billion
  2  10%   $30 Billion    $3.0 Billion
  3  10%   $40 Billion    $4.0 Billion
  4  10%   $50 Billion    $5.0 Billion
  5  10%   $60 Billion    $6.0 Billion
  6  10%   $70 Billion    $7.0 Billion
  7  10%   $80 Billion    $8.0 Billion
  8  15%   $90 Billion    $9.0 Billion
  9  15%   $100 Billion   $10.0 Billion
Swallowing a new company, even if it takes on debt, can bump this up.

eBay market cap is $48B.

https://investor.gamestop.com/news-releases/news-details/202...

parent echelon 5 months ago

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