Agile thoughts. Scrum thoughts. Process thoughts. Occasional stock silliness.
Joined November 2017
- Tweets7.8K
- Following300
- Followers378
- Likes6.3K
Your scientists were so preoccupied with whether or not they could, they didn’t stop to think if they should.
It’s true! What treasures hide in the past 60+ years of software practices?
@SteveTwips doing a online talk tomorrow afternoon.
100% recommend listening to anything this guy has to say and then some.
meetup.com/memphis-technolog…
Steve retweeted
if the domain knowledge lives in any artifacts other than the tests, that knowledge is doomed to drift.
Steve retweeted
BREAKING🚨 GAMESTOP POTENTIALLY TRANSITIONING INTO A HOLDING COMPANY $GME
NEW TEDDY WEBSITE NOW REDIRECTS TO GAMESTOP SITE & GAMESTOP FILES TRADEMARK FOR TEDDY HOLDINGS
“Agile” is not “a mindset”. Simone Biles is agile. If I eat ice cream in bed for weeks watching Olympics thinking “This is how I would do that”— I am not agile because of that mindset. A “mindset” without action is a fantasy.
Steve retweeted
Ryan Cohen: “Why Does Everyone Want GameStop to Fail?”
$GME CEO @ryancohen:
“The media is an example. Why is it that you've got a ($EBAY) management team with no skin in the game, they're not builders, they haven't built anything themselves before, they've basically just been employees at major companies, they’ve been overpaid, I don't think they've ever broken out a sweat in their entire lives, why does everyone want them to succeed?
But when you have someone that, and by the way, I'm putting $500M of my own money into this transaction, I haven't pulled a penny out of GameStop, and it seems like everyone in the media basically wants us to fail, and wants them to succeed.
And you've got a board that's making hundreds of thousands of dollars a year. They don't buy stock with their own money. They end up showing up to a handful of board meetings, and they're making a fortune. You've got a management team that is grossly overpaid, taking zero risk.
There's nothing more American than basically risking your own capital. So why does everyone want us to fail?
@friedberg:
“I do think that the media, in order to give you credibility, they're gonna have to acknowledge that all of their takes on GameStop just being a meme stock were wrong, and that there is actually a business here, and that there is value being created here, and that they missed that, and they got the story completely wrong.”
--------------------------------------
Thanks to our partners!
Most advertisers have never heard of the platform with an $11B annual run rate in ad spend. AppLovin Ads — 1B+ daily active users, full-screen video ads watched for a median of 35 seconds, and businesses are profitably spending hundreds of thousands of dollars a day on it. Advertiser access is in closed beta. The window is open at applovin.com/ALLIN
Nasdaq - Positioned at the nexus of technology and the capital markets, Nasdaq provides premier platforms and services for global capital markets and beyond with unmatched technology, insights and markets expertise. nasdaq.com
Software organizations repeatedly insist on spreading out. More teams, more projects, more branches, more versions. People: *TIME* is the enemy, not width. You can't thick your way to success.
Steve retweeted
Dear $EBAY Shareholders,
Proposal 4 is about your basic rights.
Right now, it takes 20% of all shares to call a special meeting. Proposal 4 lowers that to 10% so shareholders can act when the board will not.
GameStop and Ryan Cohen now hold about 9% of eBay and have offered $125 per share and a plan to increase EPS for shareholders immediately, which is a 40% premium from when they first bought eBay stock in February and a significant premium to today’s price, valuing the company at an all time high since going public. The board rejected this offer while themselves selling shares at much lower prices and, to my knowledge, no current director has EVER purchased eBay stock on the open market with their own money, only sold what they were given.
If Proposal 4 passes and GameStop reaches 10% ownership, they can call a special meeting and you can vote on who sits on the board and runs this company.
For too long eBay has been run by overpaid executives and serial delegators that have put shareholders and customers last. Vote Yes on Proposal 4 at the eBay annual meeting on June 17, 2026. The board should answer to shareholders and not the other way around. Compensation should not be risk free. There should be accountability for bad decisions that hurt the company financially.
Disclaimer: I am a shareholder of both GameStop and eBay and may benefit if Proposal 4 passes and Ryan Cohen gains greater influence over eBay. This message is for informational and advocacy purposes only. It is not investment advice, a recommendation to buy or sell any security, or a solicitation of proxies. Please review eBay’s official proxy materials and make your own voting and investment decisions.
Steve retweeted
Hi Friends. To answer a question that I have received several times today...
I DO NOT have a ...
"PRIVATE INVESTMENT PROGRAM".
Anyone suggesting otherwise is a scammer.
Be cautious folks, if you receive an email seemingly from Tom Sosnoff, check the company name (extra s), domain (.cc), company he's no longer with, and his own name misspelled. Don't get phished.
Steve retweeted
BREAKING: EBAY insider Boone Cornelius reported an open-market SALE of 31,100 shares of eBay common stock for $3,411,359.
The "Chief People Officer" (🤣🤣) and "Diversity, Equity and Inclusion (DEI) initiatives Officer" now has net $10.7M of common stock sales and a whopping $0 worth of purchases.
PATHETIC. $GME
Steve retweeted
Everybody is busy thinking about how $GME is going to put together the money for the $EBAY acquisition, how the equity roll-in is going to work, and where they are going to find a therapist for their non-stop crying. But there is one possibility nobody has seriously considered and I’m quite shocked that they haven’t: maybe GameStop won't need ANY financing.
Why am I shocked? Look at the playbook Ryan Cohen already ran in the past. In 2020, RC Ventures quietly began acquiring shares of a struggling, mismanaged retailer, first a 9% stake, then about 12.9%. He wrote an open letter torching the board's internal incompetence, demanded a strategic review, and leveraged his shareholder position into three immediate board seats in January 2021. Within months the entire executive suite was cleared out, the board was flipped, and he took over.
He never needed to buy GameStop outright because he bought control and let governance do the rest. Fast forward to 2026, GameStop already holds roughly 9% of eBay and is still accumulating, and Proposal 4 on eBay's June 17 ballot would lower the special meeting threshold from 20% to 10%, a proposal that has already cleared 47% support three separate times. If it passes, Ryan only needs to reach 10% ownership to call a special meeting, force a board vote, install his people, and be effectively running eBay before the ink is dry on a single acquisition document.
From there he either accumulates the rest of the float over time like Buffett did with GEICO, or engineers a merger once he controls both sides of the table. That is Icahn's ferocity fused with Buffett's patience, and it is the one scenario nobody on Wall Street or Main Street has modeled. Have a good weekend 🍻
Steve retweeted
Ryan Cohen is playing chess and until you realize this nothing will make sense.
The $EBAY proposal was the spearhead. Half cash, half stock. Some might even say dilution.
To block the acquisition, $GME needs to be priced low - requiring more stock to finance the deal.
Enter… the buyback + Q1 earnings announcement.
This is the curveball.
To prevent the buybacks, price must be high. To prevent the $EBAY acquisition, price must be low.
This pits two sides of the trade against each other.
In the end, Ryan and shareholders are rewarded - regardless of the outcome.
Anyways, whats an exit strategy?
Steve retweeted
RC is a genius
$GME board's approval of a $2B share buyback authorization gives RC the ability to deploy cash immediately at these current, suppressed price levels
By repurchasing shares in the low $20s, the company drastically reduces the float and boosts EPS
Once the buyback forces the price back up, RC can turn around and issue new shares at much higher prices. This assumes the July 7 vote passes and he has an additional 1.5B shares to sell when needed.
If executed well, he may even be able to obtain massive amounts of capital without even touching the new 1.5 billion in authorized shares.
If the shorts try to double down and drive the price lower, they can buy back shares again at the lower prices.
Rinse and repeat
It is an endless financial loop
Can’t stop. Won’t stop. GameStop.
Steve retweeted
$GME 👀
I think you'll find this interesting, my friends
As of May 29th, @gamestop and @ryancohen have bought, in 6 months, nearly 7 times as many shares as @ebay insiders have sold in 10 years
@ryancohen and @gamestop are the best thing that have ever happened to the @eBay shareholder (including the everselling @ebay board unfortunately)
$GME
