Eat the Rich The GameStop Saga is a documentary series released by Netflix on 28 September. It is a Story Syndicate production in association with The Wall Street Journal Studios. Executive produced by Emmy and Academy Award-winning filmmakers Dan Cogan and Liz Garbus, along with Jon Bardin, Julie Gaither, and Jack Youngelson. The series is directed by Theo Love.
There are 3 episodes in total with a runtime of about 30-42 minutes. This humorous documentary series follows a group of millennial misfits who banded together online to rescue their beloved GameStop from the clutches of Wall Street bigwigs, in a viral David vs. Goliath story for the 21st century.
-Eat the Rich The GameStop Saga Review Does Not Contain Spoilers-
The series captures the wild ride of a group of misfits who banded together online to rescue GameStop, a company they loved when they were kids. Coalescing on Reddit, TikTok and Discord, they capitalized on a new age of investing with their thumbs to thwart Wall Street’s cynical ploy to burn the company down.
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By sending shares ‘to the moon,’ these millennials felt they could stick it to the man, once and for all. But can ‘the little guy’ or an average retail trader ever truly win against Wall Street? As the resulting market frenzy pitted legions of amateur traders against hedge fund bigwigs, it became a viral David vs. Goliath story for the ages.
With exclusive access to key members of Reddit’s ‘wallstreetbets’ community who fueled the short burn movement, alongside everyday people who hitched their wagon to the GameStop train and luminaries of the financial world alike. The documentary offers a look at the unlikely cast of characters who brought about the latest seismic shift in how the world’s money behaves.
In 2020, a few plucky upstarts on Reddit spot an opportunity to get rich quick and stick it to Wall Street, and if anybody asks how then the answer is by investing in a declining retail chain. It’s like the gold is waiting to be mined in a broken-down video game store. The pandemic was a weird time where the extra free time got everyone’s attention on all types of things.
From making Dalgona coffee to doing different challenges, some were trying to make use of all this time, while others were facing the consequences of lay-offs and the burden to keep themselves financially afloat. That’s when the attention shifted to stocks and crypto, with all the financial gurus and influencers giving lessons and promoting various trading platforms.
And the main lead or villain of the story, depending upon your stock value, comes down to such influencers who believed in GameStop and their recurrent interest and posts, urged others to join hands. What happened with their stocks is something that we have seen on the internet, time and time again. Either it’s making an underrated artist viral or promoting a local business to prosperity.
Summing Up: Eat the Rich The GameStop Saga
The investigative documentary series tries to easily sum up all the events that happened, why they happened and who initiated them in a chronological manner. Even if you are not familiar with the financial stock market jargon, the creators have presented them in a simple explanation that familiarises you with its world.
But the documentary never gets boring as you are introduced to all these different characters who were living the greatest moment in their lives, at that point. Some even created a whole song, which the creators were nice enough to make into a music video with some budget. The GameStop Saga was a unique event but won’t be the only one in the coming times.
We truly are living in an internet age and while we are only catching up to how influential this tool can be. It is only a matter of time before we will be witnessing another saga like this, where casually bored people on the internet will just decide that something might be interesting enough for them and will just take it to the moon.
Eat the Rich The GameStop Saga is currently streaming on Netflix.