Skip to main content

Someone’s Figured Out How To Make Money Off Pokémon Go

Everyone breathe easy.
  • Author:
  • Updated:
By Xabi Vazquez (Flickr: game boy color) [CC BY 2.0], via Wikimedia Commons

via Wikimedia Commons

So bidding up Nintendo shares by 50% was probably a bit of an overreaction to the Pokémon Go phenomenon, especially since the nostalgic fever for the game is all but over, at least if you go by Japanese smart-phone app downloads. Now, Nintendo may never make a dime off the thing, but one British mall owner thinks it’s struck gold with the idea of having people follow around Pokémon hunters with portable chargers so that they can continue to shop and play without interruption.

On Saturday three-strong recharging teams, armed with portable chargers, will tour Hammerson malls in the English cities of London and Leicester. The company already offers lockable recharging stations, but finds they are little used because shoppers are reluctant to quit their phones.

Given the wild success of Pokémon Go, the rechargers will focus attention on known “pokestops”–places where players congregate in the hope of finding Pokémon. Hammerson said there were 27 pokestops in its portfolio.

An Alternative Way to Monetize Pokémon Go [WSJ]
Nintendo Shares Drop as Pokemon Go Slips in Japan Rankings [Bloomberg]
Nintendo Faces More Pressure After Biggest Drop in 26 Years [Bloomberg]


Larry Fink And Friends Trying To Figure Out How To Save The (Corporate) World

If you have any ideas, please share them at this time.

Ken Griffin Would Love To Spend All His Time Figuring Out How To Keep His Funds Above Water But Someone Has To Make Sure America Stays Awesome

"I spend way too much of my time thinking about politics these days because government is way too involved in financial markets these days," he said in a rare interview. He later added. "Part of my sensitivity to these issues is that I now live in the middle of a hyper-regulated industry, where not only is government affecting how capital markets work, or how banks work, but (the government) is punishing savers." The 43-year-old hedge fund manager said he has invested more time than ever before on politics since the financial crisis of 2008 nearly crippled Citadel. The firm's two flagship funds have since recovered, surpassing their so-called highwater marks this year..."I think (the ultra-wealthy) actually have an insufficient influence," Griffin said in an interview at Citadel's downtown office. "Those who have enjoyed the benefits of our system more than ever now owe a duty to protect the system that has created the greatest nation on this planet." [Chicago Tribune, related]

Guy Figures Out How To Put Hedge Funds Out Of Business Once And For All

Joachim Klement thinks you could give your money to hedge funds...or burn it. It's up to you.