Executives at Netflix should have known their stock was overvalued and used it as leverage in acquiring other companies with 100% stock. $300 billion was a lot

Executives at Netflix should have known their stock was overvalued and used it as leverage in acquiring other companies with 100% stock. $300 billion was a lot of money they could have used. I was saying this 6 months ago on Twitter and was saying it here https://news.ycombinator.com/item?id=29787420 https://news.ycombinator.com/item?id=29787420 In hindsight stock performance was the biggest advantage they had over competitors, now they have to compete with companies with bigger catalogs and more cash flow (e.g. disney parks)