THB #123: Netflix Day, 4 of 4 - The Aftermath
It’s schadenfreude Wednesday.
The Netflix market cap is going to be right around $100 billion at the end of today’s trading. ($100.42 billion at the close, off 35.12% from yesterday)
Wow.
I have tried to watch and read “all” of the takes on what is going on from a wide range of writers/talkers. This is that time when people expose themselves, taking wild swings when they think they are protected by viewers/readers unable to focus… take that shot… maybe you will be The One Who Knew.
Of course, they are almost all too scared of being mocked to bring up the obvious… that a $100 billion Netflix is, for the first time in 7 years or more, acquirable. Someone brought it up on one of the shows and professional broadcasters squealed like scared animals.
Yes… it is unlikely. But it’s a lot more likely than it was when Netflix was worth $170 billion a few months ago.
But let’s put that aside.
There are a few camps. One is that Netflix is a bunch of arrogant f-ups who have been s…
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