With companies as omnipresent as Netflix, I always wonder about the value of constant calls for "subscriber growth". Isn't literally everyone who'd want Netflix already subscribed to Netflix?...
With companies as omnipresent as Netflix, I always wonder about the value of constant calls for "subscriber growth". Isn't literally everyone who'd want Netflix already subscribed to Netflix? Honestly, I think it's an achievement for them to not shrink, with a lot of competition popping up, recently.
I have heard of at least one other company doing this, though I don't remember who at the moment. Looking it up, I see Mark Hurd and Safra Catz were co-CEOs of Oracle. Not sure if that's who I was...
I have heard of at least one other company doing this, though I don't remember who at the moment. Looking it up, I see Mark Hurd and Safra Catz were co-CEOs of Oracle. Not sure if that's who I was thinking of or not. But I guess it does happen!
Fast Company has an article on the subject titled "Are Co-CEOs a Great Idea or a Total Disaster?" They list a few others.
At Oracle it was a transitionary thing. Larry Ellison was getting old, Safra Catz was expected to step down at the same time that Larry Ellison stepped down, so the presumption was that Mark Hurd...
At Oracle it was a transitionary thing. Larry Ellison was getting old, Safra Catz was expected to step down at the same time that Larry Ellison stepped down, so the presumption was that Mark Hurd would seamlessly take over the reigns. In reality Oracle still had one decision maker, the chairman.
Realistically the default advice for retail investors is to just buy index funds, and do dollar cost averaging, which just means to spread out your large buys over several months, which further...
Realistically the default advice for retail investors is to just buy index funds, and do dollar cost averaging, which just means to spread out your large buys over several months, which further hedges against risk.
Typically my rule of thumb for tech is is the product amazing especially vs competitors? has the CEO demonstrated the ability to avoid disruptions, and will he stick around 5-10 years? is the...
Typically my rule of thumb for tech is
is the product amazing especially vs competitors?
has the CEO demonstrated the ability to avoid disruptions, and will he stick around 5-10 years?
is the price/ sales ratio (ps ratio on finviz) under 10?
is it low or mid cap (under 10 billion market cap?)
Netflix fails on all four.
That said, I am probably not selling the little I currently own, as the tax implications are gnarly.
With companies as omnipresent as Netflix, I always wonder about the value of constant calls for "subscriber growth". Isn't literally everyone who'd want Netflix already subscribed to Netflix? Honestly, I think it's an achievement for them to not shrink, with a lot of competition popping up, recently.
I have heard of at least one other company doing this, though I don't remember who at the moment. Looking it up, I see Mark Hurd and Safra Catz were co-CEOs of Oracle. Not sure if that's who I was thinking of or not. But I guess it does happen!
Fast Company has an article on the subject titled "Are Co-CEOs a Great Idea or a Total Disaster?" They list a few others.
At Oracle it was a transitionary thing. Larry Ellison was getting old, Safra Catz was expected to step down at the same time that Larry Ellison stepped down, so the presumption was that Mark Hurd would seamlessly take over the reigns. In reality Oracle still had one decision maker, the chairman.
The same is true presumably for Netflix.
Research in Motion, later Blackberry, had 2 CEOs for a long time, especially during their hayday. This is the earliest example I can think of.
Is it time to start buying up Netflix stock is the question.
Are you swing trading or investing for the long term?
I'm not, I have no education or knowledge on stock market investing; which is something I should remedy very quickly.
Realistically the default advice for retail investors is to just buy index funds, and do dollar cost averaging, which just means to spread out your large buys over several months, which further hedges against risk.
Typically my rule of thumb for tech is
Netflix fails on all four.
That said, I am probably not selling the little I currently own, as the tax implications are gnarly.