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Is Neflix a Fang Stock?
Neflix is, like, way smaller in terms of revenue than than these other companies. And also not like they have less growth, revenue growth, thand facebook does less than amazon does. I think again, if i were to put my old media, t m t, investment banker hat back on, i think maybe the justification for that is just like the stability and predictability of subscription based business. The future was treaming. On line d v d rental business was going to go the way of the off line dv d rental business of blackbuster,. Like that market as it still exists, but was shrinking. Of course, they had to transition the company