This Week in Startups

$NFLX earnings, Reed Hastings steps down, Google's 6% RIF & Ok Boomer with Mike O'Brien | E1662

16 snips
Jan 20, 2023
In this engaging discussion, Mike O'Brien, a tech reviewer and engineer, shares insights on Netflix's impressive earnings and Reed Hastings' move to step down as CEO. The conversation delves into Google's recent 6% workforce cut, reflecting on the broader trends in tech layoffs. O'Brien also discusses the rise of innovative startups like PLAI and the evolving landscape of technology, touching on how indie films and app games intersect financially. Listeners are treated to a mix of humor and tech savvy as O'Brien entertains with thoughts on transitioning from academic content to thriving in the tech review space.
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INSIGHT

Netflix's Strategic Moves

  • Netflix's advertising tier and password-sharing crackdown are boosting their business.
  • A free ad-supported tier could attract many viewers and generate substantial revenue.
INSIGHT

Netflix's Path to Profitability

  • Windowing new content on the free tier and implementing austerity measures in production can improve Netflix's profitability.
  • High-margin ad revenue and targeted advertising will give Netflix a significant advantage.
ADVICE

Freemium Strategy

  • If you're building a freemium product, make the free tier painful enough to incentivize upgrades.
  • Offer a cheaper, partially ad-supported tier to capture price-sensitive users.
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