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» I am not an investor, I have a question for those who would know about investing....
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post 1650889613 11-15-2021, 09:49 PM
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  1. JPF82
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I am not an investor, I have a question for those who would know about investing....

So, a friend shared a link from the CISO of Game Stop saying he has a lot of IT/Cyber jobs available......


There is 155 IT based jobs.......how the fuk does a company that ONLY has high valuation based on the stocks and wallstreet bets afford hiring all these people?
Are they only hiring all these people because the valuation is super high?

Doesn't make sense to me.....anyone able to explain?


@realclout they may hire you for the helpdesk!



https://careers.gamestop.com/en-US/s...e&pagenumber=3
post 1650889653 11-15-2021, 09:50 PM
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  1. chalup
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They have money on paper, they can pay salaries on paper. As long as the ROI is a net positive in the long term, its a good move.
post 1650889803 11-15-2021, 09:56 PM
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  1. 401Delta
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The market capitalization of a company is a non-tangible thing, and may have little correlation to the actual value and/or current revenue of the company.
post 1650889853 11-15-2021, 09:58 PM
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  1. JPF82
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Originally Posted By chalup
They have money on paper, they can pay salaries on paper. As long as the ROI is a net positive in the long term, its a good move.
That makes sense. Just insane a company that was about to go under can now have such a big workforce in regards of IT......like why do they need so many dev's? They have a streaming service?
post 1650890233 11-15-2021, 10:12 PM
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Originally Posted By JPF82
That makes sense. Just insane a company that was about to go under can now have such a big workforce in regards of IT......like why do they need so many dev's? They have a streaming service?
They are rumored to be launching a dedicated NFT via loopring as well as a gaming service similar to a netflix sort of thing.

You won't be paying to subscribe to your video games anymore, which is what you've been doing whether you like it or not.

You will literally OWN your video games again.

you will literally OWN the objects in the game.

That awesome item in diablo will be your legal property.
post 1650890413 11-15-2021, 10:19 PM
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#6
  1. JPF82
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Originally Posted By Condo41
They are rumored to be launching a dedicated NFT via loopring as well as a gaming service similar to a netflix sort of thing.

You won't be paying to subscribe to your video games anymore, which is what you've been doing whether you like it or not.

You will literally OWN your video games again.

you will literally OWN the objects in the game.

That awesome item in diablo will be your legal property.
No wonder, cause if you look at the link I put in OP you will see some crazy jobs that lead towards that.
post 1650890783 11-15-2021, 10:34 PM
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#7
  1. sg1976
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Originally Posted By Condo41
They are rumored to be launching a dedicated NFT via loopring as well as a gaming service similar to a netflix sort of thing.

You won't be paying to subscribe to your video games anymore, which is what you've been doing whether you like it or not.

You will literally OWN your video games again.

you will literally OWN the objects in the game.

That awesome item in diablo will be your legal property.
NFT’s are cool as phuck. Anyone not investing in Metaverse geared crypto is nuts. MANA for the win.
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