If a nerd won the lottery, how much would they need to buy Wizards of the Coast from Hasbro?
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Matt 🔶 (LordMatt) (lordmatt@mastodon.social)'s status on Tuesday, 18-Mar-2025 14:30:01 JST
Matt 🔶 (LordMatt)
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RamenCatholic 🐢 🌈 (ramencatholic@mindly.social)'s status on Tuesday, 18-Mar-2025 14:40:38 JST
RamenCatholic 🐢 🌈
You're right & I now have a completely new goal for cult fundraising: hostile corporate takeovers.
#CultOfRamenCatholicism - gib me monies and/or winning lotto tickets so I can buy our favorite brands before Capitalism continues to destroy our precious childhood memories. And, I guess, current & future children's future memories. And, you know, so I can provide a lavish lifestyle to my cats (who are amongst our honorary gods).
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Charlie Stross (cstross@wandering.shop)'s status on Tuesday, 18-Mar-2025 14:40:39 JST
Charlie Stross
@lordmatt @quixoticgeek Nobody can. AIUI Hasbro's board can issue a buttload of new shares (about 5x the current issue) if they want to, and a takeover bid would drive the price through the roof before they had to do that to hang onto WotC. (Also, if you're worried about Musk, Hasbro's CFO is ex-Paypal and hates his guts.)
Hasbro are pretty shitty but they're not going to sell the goose that lays the golden eggs to a fascist (or anyone else). And the threat of open games keeps them in line.
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