Japan definitely has a different system but I’m not sure what the specifics are. But i can tell that Japanese companies have different philosophy than most companies across the world. They are not nearly as greedy as most companies and the fact that they are willing to pivot to a different field than they started with shows they are willing to spend the upfront hefty cost of switching to a new field, even if it cost profits in the next quarter; if this leads to survival in the next couple of years. I kinda like that because I loathe the short term-ism of most companies, especially Western ones.
GameStop had been bought to keep it afloat. I think it was going to be sold for bankruptcy to make the new owners rich but i think Redditors coordinated to buy shares or something so that it won’t go to bankruptcy or something like that. I could be wrong though.
Do they have the same private equity system that we do in the States?
I feel like it’s been years, but wasn’t GameStop sort of a victim that somehow survived? I may have that all wrong.
Japan definitely has a different system but I’m not sure what the specifics are. But i can tell that Japanese companies have different philosophy than most companies across the world. They are not nearly as greedy as most companies and the fact that they are willing to pivot to a different field than they started with shows they are willing to spend the upfront hefty cost of switching to a new field, even if it cost profits in the next quarter; if this leads to survival in the next couple of years. I kinda like that because I loathe the short term-ism of most companies, especially Western ones.
GameStop had been bought to keep it afloat. I think it was going to be sold for bankruptcy to make the new owners rich but i think Redditors coordinated to buy shares or something so that it won’t go to bankruptcy or something like that. I could be wrong though.