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api · 3 years ago
This isn't Radio Shack. It's a corporate husk that was purchased for the name and is now be used to run a crypto pump and dump.
FooBarBizBazz · 3 years ago
It's obviously modeled off GME. "Hey, let's buy a nostalgic company from the 80s/90s..."
reiichiroh · 3 years ago
This is run by Internet fake guru Tai Lopez who is known for the “here in my garage” viral video.
sergiomattei · 3 years ago
Guess he’s not fake anymore if he owns a huge PE firm.
boboche · 3 years ago
Remember before the internet, those little electronic pocket books with hand-written diagrams and whatnot? Good times.
blisterpeanuts · 3 years ago
Sure do. I loved going to Radio Shack, as a kid. I still have a few screwdrivers and whatnot, purchased there with allowance money. If they were still around, I’d be still shopping there. Microcenter is not bad, and of course ebay/amzn/newegg. Still there was a kind of charm about an old RS store, with the junky stereo equipment and made-in-Taiwan-or-wherever-was-cheapest toolsets and the guys behind the counter wearing ties. A lost era.
bombcar · 3 years ago
There are a few RadioShack left, though the one near me still has the parts cabinets from years ago, most of the store is bicycles, tobacco, and cell phones now.
asguy · 3 years ago
Yah, Forrest Mims' books were a massive part of my childhood.
felipemnoa · 3 years ago
I owned a couple of them. Unfortunately useless for understanding electronics. It is not their fault, they were no substitute for an electronics class.
bradneuberg · 3 years ago
Really sad to see RadioShack reduced to this. Grew up on a Tandy Color Computer. Hate seeing RadioShacks Twitter account being dragged through the mud by a foul mouthed crypto scammer intern.
somedude895 · 3 years ago
> “It’s our voice, a new voice, one for the people,” said Abel Czupor, the chief marketing officer. “RadioShack’s audience used to be only an older demographic, but as times have changed and e-commerce has taken over, the old voice of RadioShack is no longer relevant.”

Everything about this quote makes me want to throw up.

dtagames · 3 years ago
What's especially stupid is that the maker economy, as it's now called, is very much of interest to young people and Radio Shack totally missed the boat on that by becoming a phone store. The old Radio Shack (the one that made money) sold parts for people who wanted to build electronics. That field is hotter than ever.
Mountain_Skies · 3 years ago
I had hoped that maybe Home Depot would have swooped in at the last minute and bought up RadioShack as they're at different ends of the DIY market and could have had some good crossover opportunities. And maybe Home Depot could have created some maker spaces in their big box stores. Anyone who has had anything cut at Home Depot has likely seen the "No precision cuts" signs, but what if that was a premium service one could purchase? Laser cut plywood? Waterjet cut aluminum panels? Might not have been a market for it in every store but I'd like to think it could have worked at a couple of locations in each large metro and maybe trickled down from there.
SteveGerencser · 3 years ago
Radio Shack missed a whole fleet of boats over the years.
scifibestfi · 3 years ago
It sounds like they hired a 19 year old Twitter influencer to be their Chief Marketing Officer.
solarengineer · 3 years ago
I wonder if he is indeed this person. [1] [2]

I consider it unfortunate that Radio Shack feel compelled to hire a person from an unrelated segment and are even pressurized to pivot into a space (NFTs, general "crypto") that is being viewed with skepticism (perhaps less skepticism than it deserves).

While I myself am still studying this space, I do feel that there is a significant mismatch here.

[1] https://emamo.com/event/nftnyc/r/speaker/abel-czupor

[2] https://cryptobrowser.io/people/abel-czupor/

heretogetout · 3 years ago
To me it sounds like a 70 year old talking the way they think 19 year olds talk.
rasz · 3 years ago
Someone actually made a documentary about similar situation - The Rise and Fall of Ryan Howard https://www.youtube.com/watch?v=Qc35afiM2f4
mirntyfirty · 3 years ago
It seems as though every product, service, media, or scam is now an “empowering community”
MattGaiser · 3 years ago
Can get you a cult following willing to pay more.
imglorp · 3 years ago
Seems like it's all -- and only -- about brand and image. Nothing about value or risk or profit. Who buys an investment on brand alone?

> we continue to see robust interest among gaming-token start-ups, in particular. They understand that the RadioShack brand is congruent with their own play,”

DonHopkins · 3 years ago
I sure wish they'd hire a graphics designer to center the "R" inside the circle of their logo. It bugs the shit out of me.
drewcoo · 3 years ago
I'm sure the center-left R seemed more "dynamic" or "broadcast-y" or something. It seems intentional.

It was part of the 90s revamp when they turned into a phone and remote-controlled toy store.

floatinglotus · 3 years ago
So it’s a meme-Ponzi-scheme-crypto-rugpull? What makes it different from all of the other ones?
newobj · 3 years ago
Wow. Hedge fund bros run a meme company. Real cool. (Eyes roll up into skull)
SkyMarshal · 3 years ago
Looks like they were purchased by Tai Lopez’s PE firm and pivoted to crypto (exchange + token) + edgy tweets at the height of the bubble. RIP Radio Shack.
sokoloff · 3 years ago
This interview of Tai by Lady Ada made me wish the previously beloved brand would just be allowed to die quietly.

https://m.youtube.com/watch?v=u8wwBIA8wMw

That was a stepping stone along the path to the crazy tweets: https://www.barstoolsports.com/blog/3423441/to-the-surprise-...

nijave · 3 years ago
>private equity firm Retail Ecommerce Ventures (REV) purchased it in 2020
ntoskrnl · 3 years ago
Is it public how much they paid? I couldn't find any info besides this https://www.businesswire.com/news/home/20201119005153/en/Ret...