Do you think HYBE will make it to a 30 year anniversary like SM just did today? 27
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No (19) 70%
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Yes (8) 30%
I saw the articles about SM celebrating their 30th anniversary as a company, a significant accomplishment and testament to their sustained growth and stability as one of the biggest building blocks of modern K-Pop, and it got me thinking.
Will HYBE even be around long enough to reach this kind of milestone?
Any publicly traded company, especially one with the albeit rapidly declining but currently largest market capitalization in the industry, is always going to prioritize sustained long term growth and expansion over anything else.
But my take is that they grew too fast and flew too close to the sun, and their greed and hubris will ultimately lead to a precipitous downfall more rapid than their sudden ascension.
BTS can't save them forever, and a company that relies on one asset to carry them, in a field where it's paramount to have a diverse pool of profit yielding investments, is a red flag.
You know I can't make a HYBE thread without mentioning NewJeans at least once, so here is the obligatory name drop but for good reason.
As a hypothetical investor, before April, I couldn't be happier, and HYBE had to feel like the Thanos of K-Pop--they had done it. They were definitively set up to dominate with the next generation's BTS equivalent: NewJeans. The early return on that investment was historically immense, especially for a girl group.
And they threw all that away over the DUMBEST corporate in fighting. Alas, I'm not going to rehash this plot point, since there are a couple dozen threads to discuss it.
In fact, I'm done yapping. I'll write my full soliloquy titled: the Disastrous Downfall Of HYBE: A Lesson in the Harmfulness of Hubris some other day
Cast your vote