The Prof G Pod with Scott Galloway No Mercy / No Malice: The Netflix Effect
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Oct 28, 2023 Discover the remarkable evolution of Twitter as it transformed under Elon Musk’s ownership. Unearth Netflix’s strategic turnaround with a focus on international content driving subscriber growth. Explore Netflix's fierce competition in the streaming market with platforms like TikTok and YouTube. Delve into heartfelt reflections on family dynamics, loss, and the significance of life's moments, weaving together personal anecdotes with broader themes of love and grief.
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Netflix's Turnaround
- Netflix's bold pivots, smart investments, and strong management team led to a striking turnaround.
- They went from losing subscribers and market cap to substantial profits and growth.
Strike Advantage
- The writer's strike benefited Netflix due to its deep content library and lower spending.
- This increased their relative value to consumers while competitors struggled.
Diversification Strategy
- Diversify investments to limit downside risk, even if it caps upside potential.
- This acts as a protective measure against financial industry volatility.