Gordon Gekko is back.
20th Century Fox has announced that it will be filming a sequel to 1987 cult classic Wall Street. The movie spawned lines that even today are quoted by stockbrokers and Investment Firms: lunch is for wimps and or course “Greed is Good”.
It’s sad they didn’t make the sequel in the late 90s. Gordon Gekko would have made a killing in Web 1.0 stocks. Fast forward a decade and the age of the IPO and inflated share price has passed, replaced in favor of the corporate buyout.
Reports state that in the movie, Gekko, having been released from jail, is now working in the hedge fund business.
Hedge funds do many things and not all of them are evil: hedge funds can be found in the background of funded companies throughout Web 2.0, but I couldn’t help but immediately think of Patent Trolling. Will Gordon Gekko buy a raft of patents, bringing his control over a range of Web 2.0 technologies to bare on a helpless Silicon Valley?
If Gordon Gekko in the Wall Street sequel was to focus on tech stocks and Valley startups, what could you see him doing aside from the obvious: abolishing free lunches and Segways at Google?