Netflix is well-positioned due to a low debt load, its investments, and first-mover advantage; long-term success will require making compelling content at scale (Ben Thompson/Stratechery)
Ben Thompson / Stratechery:
Netflix is well-positioned due to a low debt load, its investments, and first-mover advantage; long-term success will require making compelling content at scale — Netflix's moment of greatest peril is, in retrospect, barely visible in the company's stock chart:
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