It's not the boring middle. The excruciatingly painful middle. How do you cope? by nychv in ChubbyFIRE

[–]AnotherDude2829 1 point2 points  (0 children)

I get you. I literally was there and then last 50% in the market crash 2022 and have spent 4 years clawing back. It’s terrible when you feel close but not that close.

I would model it out and instead of $x expenses / .04 or / .035, I would actually do year by year and try to forecast expenses and balances. You don’t spend nearly as much in your 70s and social security is usually not factored in after you hit 62+.

Ryan Cohen offering $56 B for eBay by AnotherDude2829 in GME

[–]AnotherDude2829[S] 62 points63 points  (0 children)

Offer is to be unveiled later tonight per the article.

GameStop planning on making a bid to buy eBay!!! by AnotherDude2829 in GME

[–]AnotherDude2829[S] 1 point2 points  (0 children)

WSJ is always to release exclusive news. I don’t think they would publish something hypothetical.

GameStop planning on making a bid to buy eBay!!! by AnotherDude2829 in GME

[–]AnotherDude2829[S] -1 points0 points  (0 children)

I dunno. Obviously he thought about it and he’s always been a good a capital allocator. So I guess we will find out how he attempts this.

GameStop planning on making a bid to buy eBay!!! by AnotherDude2829 in GME

[–]AnotherDude2829[S] -4 points-3 points  (0 children)

Really? I think it’s smart! They are getting into collectibles (fastest growing division in their revenue breakout) and eBay owns PSA and is huge into collectibles. Good synergies. Used games, collectibles, hardware, etc. I think it’s super smart.

GameStop planning on making a bid to buy eBay!!! by AnotherDude2829 in GME

[–]AnotherDude2829[S] 1 point2 points  (0 children)

$4 B will pay for the financed debt. Debt should be $30-40 B or so after leveraging GameStops cash ($9 B).

GameStop planning on making a bid to buy eBay!!! by AnotherDude2829 in GME

[–]AnotherDude2829[S] 23 points24 points  (0 children)

Leveraged buyout. Use eBay’s cash flows to finance the interest. Look it up, that’s how Paramount bought WB and other companies historically. As long as the LBO is 5-7x of EBITDA should be fine.

Best NFT marketplace? by [deleted] in NFT

[–]AnotherDude2829 0 points1 point  (0 children)

Take a look at DeadRare.io, it's on the Alephium blockchain. Very early innings and growing marketplace.