Reggie Fils-Aime sheds light on why he left GameStop
Why the big guy went bye-bye
Reggie Fils-Aime joined the board of directors at GameStop back in March of 2020, and then roughly one year later, he left the company. Many wondered why there was such a quick turnaround in Reggie’s arrival and departure, and now we have some insight.
In an interview at SXSW, the big man himself opened up about why he decided to part ways with GameStop.
“There has not been an articulated strategy. Leadership says we don’t want to articulate our strategy because they don’t want it to be stolen. To me that was not acceptable.”
Reggie had originally stated that he saw a patch forward for GameStop if they branched out into the e-Commerce arena, but others within the company didn’t see that as their best option moving forward. It’s clear that this was a sticking point for Reggie, which is why he bowed out.
Probably a good move. If they can’t tell you what their plan is they either have something to hide (shady practices) or, worse, have no plan at all (incompetence). Either way, I wouldn’t want to stay aboard that ship.
There's been rumors that Gamestop artificially caused the stock market value rise and manipulated places like the wallstreetbets reddit in order to inflate their stock value to make more money. Or something like that. I just know they're doing shady stuff so it wouldn't surprise me
So basically: "They can't steal our plans if we don't have plans"... Which... yeah...