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> Like why is Netflix considered a tech company instead of a media company Before they started making their own content, Netflix was a pure tech company. They
by com2kid 4y ago
> Like why is Netflix considered a tech company instead of a media company
Before they started making their own content, Netflix was a pure tech company. They pioneered a lot of the streaming technology we now take for granted, and they were the first to solve some very difficult challenges.
Recently the market re-priced Netflix stock to be more like a media company, so reality has caught up.
- ac29 4y agoBefore they started making their own content, weren't they mostly a logistics company? They were in the business of renting DVDs by mail.