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Netflix has a fundamental problem with its business burning money to make mediocre content because it can't license much of the top tier any more. It has no moa
by kevin_thibedeau 5y ago
Netflix has a fundamental problem with its business burning money to make mediocre content because it can't license much of the top tier any more. It has no moat and its tech is no longer special.
- marto1 5y agoDidn't you just describe most silicon valley VC funded startups ? I feel like you can replace Netflix with a lot of other companies, throw in their well known weakness and it would still make sense.
- kevin_thibedeau 5y agoA startup is notionally providing a novel or best in class service that VC investors are gambling on. Netflix's best days are behind it.