Max Noble
Learn to become a CEO · by Max Noble

The CEO Game.

Real companies, real deadlines. Call who survives before everyone else, tell the CEO what to do, and beat the other players to the top of the board.

Your rankInternWin skill levels to become Analyst

Learn to run a company.

Seven fields. Real companies, newest first. Pick one, or let the dice decide.

Make your calls on real companies below ↓

South Africa · SugarTTongaat Hulett95MeterTTongaat HulettSugarWarningBANKRUPT Meter95 of 100Its shareholders voted down a rescue plan in 2024, and the exchange now says no value is expected for them. Read the story↗︎
🇩🇪 Germany · Home batteriessonnen95MetersonnensonnenHome batteriesWarningSales, 2024 vs 2023−70%Two months after Shell sold it, it filed an insolvency application. Read the story↗︎
🇩🇰 Denmark · IT servicesColumbus100IntegritySøren Krogh KnudsenSøren Krogh KnudsenCEO & President, ColumbusPromisedProfit margin, 20268–10%12 March 2026
🇰🇷 South Korea · HypermarketsHomeplus95MeterCho Joo-yeonCho Joo-yeonCo-CEO, HomeplusWarningSales, 2025 vs 2024−17%Korea's big supermarket chain is being sold, store by store. Read the story↗︎
🇩🇪 Germany · Department storesGaleria95MeterTHTilo HellenbockManaging Director, GaleriaWarningBANKRUPT Meter95 of 100Germany's department stores. Their fourth trip to bankruptcy court in six years. Read the story↗︎
🇩🇰 Denmark · Transport and logisticsDSV100IntegrityJens H. LundJens H. LundGroup CEO, DSVPromisedSchenker savings, 2026DKK 4bn+4 February 2026
🇹🇷 Turkey · Investment holding companyRAL Yatırım Holding95MeterRKRıza KandemirChairman of the Board, RAL Yatırım HoldingWarningDebt, 2025 vs 2024+11%A listed holding company now has three months of court protection to reach terms with the people it owes. Read the story↗︎
🇺🇸 United States · Cable and broadbandOptimum Communications86MeterDennis MathewDennis MathewChairman & CEO, Optimum CommunicationsWarningSales, 2025 vs 2024−4%Its debts add up to more than $26bn, Bloomberg reports. Read the story↗︎
🇩🇰 Denmark · Prosthetics and orthoticsEmbla100IntegritySveinn SölvasonSveinn SölvasonPresident & CEO, Embla MedicalPromisedSales growth, 20265–8%3 February 2026
🇫🇷 France · Discount shopsGiFi95MeterPPPatrick PuyChair of the Management Board, GiFiWarningSales, 2025 vs 2024−17%513 shops, about three months of cash, and a judge who decides. Read the story↗︎
🇺🇸 United States · AirlineJetBlue55MeterJoanna GeraghtyJoanna GeraghtyCEO, JetBlueWarningSales, 2025 vs 2024−2%Its own lenders have hired lawyers. Passengers still fly. Read the story↗︎
🇺🇸 United States · AirlinesDelta100IntegrityEd BastianEd BastianCEO, Delta Air LinesPromisedProfit per share, 2026$6.50–7.5013 January 2026
🇧🇷 Brazil · Home store chainCasas Bahia95MeterRenato Horta FranklinRenato Horta FranklinCEO, Casas BahiaWarningProfit/loss, 2025 vs 2024−186%Brazil's favourite home store asks the people it owes for one more chance. Read the story↗︎
🇬🇧 United Kingdom · WaterThames Water75MeterChris WestonChris WestonCEO, Thames WaterWarningDebt, 2025/26 vs 2024/25+10%16 million Londoners need its water. Its lenders hold the key. Read the story↗︎
🇳🇱 Netherlands · Plastic from plantsAvantium78MeterTom van AkenTom van AkenCEO, AvantiumWarningSales, 2025 vs 2024−31%Plastic made from plants. Now it must raise €55 million. Read the story↗︎
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New: The Location Game · companies near you, 2× XP →

Your daily five, streaks and the board ↓

Swipe left or right to browse. Tap Survivor or Write-off to have your say.

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This week’s desk

The Apprentice Desk.

Twenty players, one week. Every call, piece of advice and right answer earns XP. On Monday the top five move up a desk, and the bottom five move down. Five desks: Apprentice, Analyst, Strategist, Judge, Oracle.

  1. Make one call to take a seat on this week’s desk.
Private boardrooms

Play with your class or your team.

Teachers, team leads and friends: open a private boardroom, share the link, and see who reads companies best. Everyone still plays the public game too.

The leaderboard

Beat everyone else.

Points come when the real world settles your call: a court decides, a vote is counted, a deadline passes. Go against the crowd and turn out right, and you score more. Quizzes add points on the way.

  1. The board fills as the first calls are settled.

Every month. The best caller wins a signed first edition of The 42 Laws of BANKRUPT, sent when the book comes out on 31 October 2027, and their name on the site.

Every year. The champion has lunch with Max Noble, announced at the Max Noble Awards.

In the book. The top 42 callers of the first year are thanked by name in The 42 Laws of BANKRUPT.

More prizes as the game grows. No purchase needed to play or to win.

The weekly BANKRUPT quiz

Five questions. One week. Beat the board.

Five questions from this week’s companies, the same for every player. Two points for each right answer, and its own leaderboard. A new quiz every Monday.

Loading this week’s questions…

How it works

A game you can only win by reading carefully.

  1. Read the card

    Every company is on my Warning List today. The countdown tells you what happens next, and when.

  2. Make your call

    Tap Survivor or Write-off. You can change your mind until the date arrives.

  3. The world decides

    A filing, a court ruling or a vote settles each call. Then the story moves on, and you can call the next chapter.

  4. Score and climb

    Verdict day pays big: a right call earns 100 XP times the Max Noble Odds you took. Then say how sure you are. Hunch: ×1, nothing lost if wrong. Think so: ×2, a miss costs 1.5×. Sure: ×3, a miss costs 5×. Be honest: each one pays best at its own level of certainty. One call in five is a gold bonus round, everything doubled. Twenty XP a day keeps your streak alive, with one free miss a week.

Apprentice0Analyst30Strategist100Judge250Oracle500

Behind every company are people and their jobs. You call the business, never the people. Nobody here cheers a fall.

The record

Triumphs and falls.

Every settled call, in one place. The ones that came through, and the ones that did not.

Came through

  • Humac2026-10-25 · Rescued. Closed on 13 August, reopened on 16 September under a new owner.

Fell

  • None yet. Every fall will be recorded here, with what it meant.

A game of judgement on public information. It is not investment advice, and nothing here tells you to buy, sell or hold anything.