Is Netflix Overvalued At $185B?
from HyperChange Hosted by Gali
Netflix reported blowout Q1 2020 financials, with subscribers increasing by 15.7M, and positive free cash flow. Although management was very cautious about guidance, and said this bump is temporary, there is a lot to be optimistic about. This quarter proved that Netflix has reached enough scale to be a profitable business. After years of increasingly negative cashflow, many (including myself) were skeptical this would ever happen.
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This episode was published on April 22, 2020.
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