Ryan Cohen, founder of Chewy and CEO of GameStop, discusses his management philosophy and intense approach to supplier negotiations during Chewy's growth.
“If our suppliers are sending us gifts in the mail, that's a really bad sign. It means we're overpaying. If our suppliers are telling us they never want to speak to us again, it means we're getting the right price.”
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Disclosure
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Ryan CohenJun 23, 2026▶ 56:38GameStop CEO Ryan Cohen’s $56B Plan to Take Over eBay
What-if
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“EBay could have been Amazon.”
Ryan CohenJun 23, 2026▶ 35:00GameStop CEO Ryan Cohen’s $56B Plan to Take Over eBay
PredictionNot checkable as stated
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“Number one is on immediately improving earnings through cutting costs. And Pulling two billion dollars of costs out of the business and on the operating base of, you know, close to five and a half billion of expenses and 2.4 billion spent on sales and marketin…”
Ryan CohenJun 23, 2026▶ 44:42GameStop CEO Ryan Cohen’s $56B Plan to Take Over eBay
PredictionNot checkable as stated
Cohen: In-game digital item market could exceed eBay physical market
“But if you look at in-game digital items, there's no marketplace that is providing liquidity for them. And so I would use eBay to provide liquidity for in-game digital items. And I believe that addressable market is significantly larger than could be much larg…”
Ryan CohenJun 23, 2026▶ 49:02GameStop CEO Ryan Cohen’s $56B Plan to Take Over eBay
AssertionContradicted
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“It's over a hundred million bucks.”
Ryan CohenJun 23, 2026▶ 58:17GameStop CEO Ryan Cohen’s $56B Plan to Take Over eBay
AssertionNot checkable as stated
GameStop originally invited Ryan Cohen to board to fend off activist
“Well, when it came to GameStop, originally it was a passive investment and I owned under five percent and the CEO actually reached out to me because they were fighting an activist and they wanted me to join the board.”
Ryan CohenJun 23, 2026▶ 13:16GameStop CEO Ryan Cohen’s $56B Plan to Take Over eBay
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