+ Watch NFLX
on My Watchlist
Netflix delivers its comprehensive library of movies and TV shows online and through the mail in their ubiquitous red envelopes.
Too much headwind and competition. I interviewed with THREE companies in this space who were investing in existing products or creating new products that Compete with NFLX. Got out at 119, held the stock for more than 7 years.
Three companies who want to get in tells me that there's room to grow in this industry. And who will benefit most in that space, the first-mover (NFLX), or the companies with high barriers to entry in terms of cost, experience, content, etc. (e.g., AAPL, GOOG)?
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