/biz/ - Business & Finance

>>54530923
protocol gemini and cyber crew are related to gamestop at least. ryan kagy went from gamestop NFT to protocol gemini. cyber crew made the astronaut mascot for gamestop NFT. the cyber crew teaser featured louis vuitton among other brands. it would be weird if they showed those brands if there's no relation. LVMH Moët Hennessy Louis Vuitton is one of the parties behind L Catterton which invested over $500M into dragonfly shortly before RC's stake in BBBY was announced. from RC's letter to the BBBY board it seems that RC and his affiliates are very much interested in acquiring buybuy baby. the profile of buybuy baby fits into the kind of businesses that dragonfly is looking to acquires and it has a similar kind of business model as chewy. no one knows exactly how it will play out but it seems pretty obvious that they're working on something behind the scenes with the hire of david kastin and the fundraising deals etc. it's not a typical dying company, it's not normal how the stock is trading, it's potentially another idiosyncratic risk like GME was in 2021.