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Charles Elson

👤 Speaker
136 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

We haven't listened and heard what has been said or what's going to be said.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

And that's why it's really tough to handicap anything.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

I mean, based on the argument itself and based on the history here,

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

I think it would, to me, be a rather tough argument to make.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

I think they've got some very strong defenses, which they've obviously raised.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

But, you know, who knows?

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

Both parties are ably represented and the jury will have to sort this out.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

Like I said, it's interesting to have these two titans.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

I mean, Elon Musk was never considered an AI titan.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

You know, obviously, electric cars and, you know,

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

payment systems and things like that and he got interested in robot cars and whatnot and then ai uh and uh here you have it it's a business he wants to be in and uh you know these folks that he helped he argued created are in it too yeah uh now if they go public obviously you'll have other investors who would like to make some money on this business as his investors in tesla want to or want to make money in the business it's the investment

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

You know, look, I think this all goes back on a governance angle to the difficulty of companies really dominate, if you will, by one individual controlling shareholder, if you will.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

And when you lose accountability to everyone else, which controlling shareholders have, particularly under certain states law, you know, you create problems like this where you don't have a

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

board representing other investors to say, hey, do we really want to be in this right now?

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

How does this look?

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

How does this feel?

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

Is this a good use of your time?

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

I mean, having to take off a week and end up on the stand and getting beaten up through cross-examination is not a great way to be spending your time on something like this.

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

What is the benefit to his investors

Prof G Markets
GameStop’s $56 Billion eBay Bid Is Already Falling Apart

for this yeah and mr altman obviously has to defend himself so you know obviously i'm sure he doesn't want to be there either but of course he's defended he's not the plaintiff and he has to respond