Netflicks could have disappeared right then, but blockfaster said no. So they went public at the end of may in two thousand two at 15 dollars per share. They were not profitable at the time. The thing they did differently is that they also really worked on an algarithum that would suggest movies to its members that maybe those people had never even heard of before. But net flicks move toward streaming and in two thousand seven they started streaming.
Before Phil and Danielle dive into their episode on the interesting environment Netflix poses to investors – and thanks to travel and technical difficulties – this week, Danielle Town is sharing the rundown behind Netflix to share some insightful research on the company and help you better understand next week’s episode.
Tune in this week to learn some background on the popular streaming platform and a reminder of the basics of what to look for in a company before investing to ensure you make the right investment for long-term financial success.
To learn more about how to set yourself up for successful investments early on, download your FREE copy of Phil Town’s Ultimate Investing Guide: https://bit.ly/3lHi5mU
Topics discussed in this podcast:
- How to Start Investing
- Netflix Investor Resources
- Market Cap Definition
- What Makes Netflix Different (Their Value-Add)
Resources discussed in this podcast:
For show notes and more information visit www.investedpodcast.com
Learn more about your ad choices. Visit megaphone.fm/adchoices