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> buying the rights for titles in a new region is expensive, so we start off with a giant loss on the balance sheet. But as we get more members we'll be able to
by hackuser 11y ago
> buying the rights for titles in a new region is expensive, so we start off with a giant loss on the balance sheet. But as we get more members we'll be able to buy more content in each country
Sorry to pick on your comment, but I resent (maybe a strong word) businesses telling me things like this: Unless you'll give me something extra when you make massive profits (a discounted subscription? shares?) then don't expect me to make sacrifices for you when you have losses or cash flow problems. Why should I fund your business? Am I an investor? Where is my return? You're selling a service for a price; if the service has problems, the reason why generally is not the customer's concern - that's an internal issue.
- icebraining 11y agoI agree with you that businesses shouldn't excuse themselves, but I don't see that happening here. Let's not mistake a personal post by an employee with official communication - at least I like that one can still talk about the company we work for without speaking on their behalf.
- hackuser 11y ago> Let's not mistake a personal post by an employee with official communication A good point; I agree.
- trunnell 11y agoPlease don't be offended. HN comments regularly discuss startup business models, so I thought it might be interesting to point out to my fellow entrepreneurs how we are bootstrapping our streaming TV business in new countries.
- hackuser 11y agoThanks and I'm not offended at all. It was interesting to hear what Netflix is doing. I was just using your post as an example of a larger issue and addressing that issue; as icebraining pointed out, one post by one employee doesn't signify an official policy of Netflix.