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What Next | Daily News and Analysis

TBD | Best of 2021: Inside the Subreddit That Blew Up GameStop

What Next | Daily News and Analysis

Slate Podcasts

News, Daily News, News Commentary

4.32.4K Ratings

🗓️ 26 November 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

This episode originally aired in January 2021 The story of how GameStop went from the verge of a bankruptcy to a $15 billion market value isn’t an easy one to wrap your head around. But it helps to go back to the beginning; almost three years ago, in a subreddit called r/wallstreetbets. Guests: Brandon Kochkodin, reporter at Bloomberg Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I've entered the Rick and Morty multiverse so many times at all for that I don't know whether I'm Rick, Morty.

0:07.3

Oh myself.

0:08.5

Am I Rick?

0:09.6

Am I Morty?

0:10.7

Am I me?

0:11.9

Am I Rick?

0:12.9

Am I Morty?

0:14.0

Am I me?

0:15.2

I don't know.

0:16.4

Watch now on all four.

0:18.0

The UK's biggest free-streaming service.

0:20.4

Watch and rewatch.

0:21.5

Watch and rewatch.

0:22.2

Watch and rewatch.

0:22.8

Go for me.

0:23.6

Compare Channel 4.com slash verify.

0:26.6

This week we're revisiting one of my favorite episodes of the year.

0:31.0

It's a story that somehow feels very true to this year's DNA.

0:35.6

It's chaotic, it's weird, there are memes.

0:39.3

And it might not have happened if a bunch of people weren't working from home.

0:43.7

This story is about how GameStop, the video GameStore,

0:47.1

became both a hot stock and a cultural shorthand for systems that don't make sense anymore.

...

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