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As a Netflix shareholder at the time they adopted their poison pill, I feel like the subsequent ~40x increase in share price has been very much in my interest.
by jonas21 5y ago
As a Netflix shareholder at the time they adopted their poison pill, I feel like the subsequent ~40x increase in share price has been very much in my interest. :-)
Of course hindsight is 20/20, but even at the time, it seemed like the company was prioritizing long-term growth, whereas if they were taken over by Carl Icahn, they'd certainly not be.
- oldmandutch 5y agoNetflix had a product to sell, not just a crowd.
- dahdum 5y agoTwitter definitely isn’t Netflix. It’s been a dog since IPO, languished under a part time disinterested CEO, and only peaked because of the pandemic meme stock era. As an individual and index shareholder I’d love for Musk to take it away at a premium, I have zero faith management will do anything positive.
- hadlock 5y agoStrong agree, Twitter hasn't grown their user base more than 10% since 2015, they might be making more revenue per user but annual revenue is likely ready to plateau if it hasn't already. Getting a premium on your stock is a good option if you can get it and a natural outcome of investing.