I am trying to understand why Netflix is considered to be prestigious. They are yet another media streaming company. (first movers: yes). Most of their content is crap. CDN or media streaming is not particularly new technology. They might run analytics on viewership pattern etc, sure.
But other than that, what value do they add ?
With Disney in the picture, high costs of producing content and need to burn cash to maintain their membership, what does the future of Netflix look like ?
Looking forward to be educated.
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Same thing with Airbnb, Uber, Google.
Set yourself free from the expectation from society and you will realize it's all a rat race and prestige is another bullshit made up by internal marketers
So if you make 100k is 100k cash + 5k in stock
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From a laymen perspective, it appears NTFLX needs to spend a lot of money just to retain existing customer base without theatrical revenue stream.
No companies are special. Some of them worked a lot on their images and it works well with the just out of school brainwashed 20-somethings.
I don't chose a company based on the prestige Because I don't need to impress my parents anymore but a lot of you do
From my limited understanding, it looks bleak and I want to know if and that is wrong ?