It was their business model since the start. I found it odd but I guess the concept was to budget around growth rather then current revenue.
It was not a bad strategy, it can help grow much faster and dominate the market, but when they hit a wall with not only not having a reasonable increase of subscribers but an actual declined they shit their pants.
That Y/Y growth is looking like they might hit the wall very shortly.
Q2/Q3 2023? I'm really tempted by the short here. I said NFLX short would be the best position this year, and so far it hasn't been right, but I still believe it'll crash back below 200 this year.
For the record and for everyone who says it's a stupid play, JPMorgan said Meta longs will the best position this year. That company is slowly dying, nobody gives a shit about Facebook/IG.
Facebook is a giant, like all giants if it fails it will be a very slow death.
Netflix, I do not know. I'm not that optimistic but if they maintain their current investment strategy and it does not translate in to growth then they may burn out very fast.
none of these companies are going to fall, they'll get bailed out either publicly or otherwise.
Netflix is one of the deep state's propaganda arms and it being dominant narrows down your choice of what to watch. Facebook is a goldmine of data for 3-letter organizations.
these companies' net worth is not an indication of how valuable they are.
It was their business model since the start. I found it odd but I guess the concept was to budget around growth rather then current revenue.
It was not a bad strategy, it can help grow much faster and dominate the market, but when they hit a wall with not only not having a reasonable increase of subscribers but an actual declined they shit their pants.
That Y/Y growth is looking like they might hit the wall very shortly.
Q2/Q3 2023? I'm really tempted by the short here. I said NFLX short would be the best position this year, and so far it hasn't been right, but I still believe it'll crash back below 200 this year.
For the record and for everyone who says it's a stupid play, JPMorgan said Meta longs will the best position this year. That company is slowly dying, nobody gives a shit about Facebook/IG.
Facebook is a giant, like all giants if it fails it will be a very slow death.
Netflix, I do not know. I'm not that optimistic but if they maintain their current investment strategy and it does not translate in to growth then they may burn out very fast.
none of these companies are going to fall, they'll get bailed out either publicly or otherwise.
Netflix is one of the deep state's propaganda arms and it being dominant narrows down your choice of what to watch. Facebook is a goldmine of data for 3-letter organizations.
these companies' net worth is not an indication of how valuable they are.