Netflix doesn't plan to shut down password sharers overnight. Rather, it intends to bill shared accounts an extra fee in a global rollout that may take a year.
I think it's hilarious how Netflix can add millions of subscribers every quarter, and then first time there's a net negative, a net negative is much smaller than all their net positive quarters, they immediately lose half their value.
It's like there's a belief in infinite, uninterrupted growth, and the moment that mirage is lifted the invisible hand abandons them in search of some other mirage.
The interest rates are getting raised, so now they need an actual return on investment. The problem is that their business model doesn't work without free money.
I think it's hilarious how Netflix can add millions of subscribers every quarter, and then first time there's a net negative, a net negative is much smaller than all their net positive quarters, they immediately lose half their value.
It's like there's a belief in infinite, uninterrupted growth, and the moment that mirage is lifted the invisible hand abandons them in search of some other mirage.
The interest rates are getting raised, so now they need an actual return on investment. The problem is that their business model doesn't work without free money.
Don't wake them up from capitalism...
deleted by creator