Ryan Cohen Earns $168K From Personal eBay Listings
Business Insider • • business
Key Points:
- Ryan Cohen, CEO of GameStop, earned $168,421.39 by selling baseball cards, merchandise, and gaming collectibles on eBay following his unsolicited bid to acquire the company, which eBay has since rejected.
- The highest-selling item was a Master Chief statue from "Halo 2," which sold for $15,100 after 105 bids, while other notable sales included GameStop store signs and "South Park" statues.
- Cohen’s eBay account was briefly suspended due to high price listings, and his socks, which attracted bids over $14,000, were removed for violating eBay's used clothing policy.
- Despite the sales, the total amount raised is negligible compared to GameStop's $55.5 billion bid for eBay, highlighting the stunt-like nature of the listings.
- After eBay’s rejection of the bid, Cohen remains determined to pursue the deal, urging eBay’s board to seriously consider the $125 per share offer and signaling ongoing efforts to engage shareholders.