41–50 of 85 posts
Its a canary of sorts; Netflix sold out.
If you want a company that didn't "sell out", check out WeWorks IPO docs.
I worked for a company that would spend hundreds of thousands of dollars on their annual report. Every year it was a big deal. There were meetings, interviews, photo shoots and a lot of late nights to make sure it was just perfect and on time. It was beautiful every year. Then one year a new Chief of operations was hired. She reviewed costs and saw that the creative department was too expensive. She closed it and out…
Flashy 10-Ks are hugely annoying, especially in IFRS where there’s no standard. Give me tables all day every day. The lack of standardization in financial reporting already sinks enough of my time.
Is XBRL any good? I see more filings on EDGAR/SEDAR using that.
I hope things have improved in the years since but I doubt it. Nobody looks at the XBRL its just a regulatory box tick.
I worked for a company that would spend hundreds of thousands of dollars on their annual report. Every year it was a big deal. There were meetings, interviews, photo shoots and a lot of late nights to make sure it was just perfect and on time. It was beautiful every year. Then one year a new Chief of operations was hired. She reviewed costs and saw that the creative department was too expensive. She closed it and out…
Like everything, the fancy designed reports (annual or otherwise) come and go out of fashion. Yesterday it was a requirement. Today it is too expensive and the COO got credit for cutting expenses. Tomorrow the CFO is jealous of Company X's report and it's back.
At some point Netflix went from a niche service to being a mature established company that people are going to seek out. The splashiness was no longer needed.
Reason: They used to be mailed out.
Did you have to mail them back when you were done reading?
They were all pretty fancy [1].
[0] https://www.investor.gov/introduction-investing/investing-ba....
[1] https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2334524.m...
Reason: They used to be mailed out.
Earlier quoted context omitted.
Like everything, the fancy designed reports (annual or otherwise) come and go out of fashion. Yesterday it was a requirement. Today it is too expensive and the COO got credit for cutting expenses. Tomorrow the CFO is jealous of Company X's report and it's back.
Sounds like the newest buzz in biz - "Business Intelligence".
But at the core it makes sense - it's just businesses making better use of the tons of data their systems are generating.
Earlier quoted context omitted.
> It never came back. Just like any kind of fun left in the company?
True, once cost cutting started it became a drag to work for the company.
1) computer, generic
2) microsoft keyboard
3) microsoft mouse
4) visual studio