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>If they don't grow the pie now, their TAM will be locked forever. So what? Very nearly every successful business in the history of the world has had fewer cus

>If they don't grow the pie now, their TAM will be locked forever. So what? Very nearly every successful business in the history of the world has had fewer customers than Netflix.

echelon 4y ago
"So what?"? They could have had it all. Every company wants to grow as big as it can. Netflix could have been the total entertainment package and had near monopoly power. They played their cards wrong, and now their incredible growth story looks to be at an end. They're going to be bumping up against the HBOs of the world, meanwhile Disney will leapfrog them and grow into what Netflix wanted to be. Your kids will be buying Star Wars merch and games and demanding to go to Disney World. Every house needs the Mouse, but Netflix is just another Paramount+. At this point even Amazon and Apple will steal eyeballs and make Netflix's product look less appealing and less worth the cost. Disney is what Netflix wanted to become. Now they have to fight for a smaller, more humble market. They're boxed in. Nobody will fund a bigger vision. The big dream is dead. Long DIS. Short NFLX.