Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Netflix is now worth more than $100B

techcrunch.com

Post reply on HN
Print view View original

301–310 of 321 posts

Re: Netflix is now worth more than $100B

#301

Post by wolco »

RALaBarge wrote: post #275
wolco wrote: post #170

Earlier quoted context omitted.

It's tough to go back to the stock market after bitcoin's daily 10% increase this fall. Might be wise to take 10% and invest in some coin.

Lol, you can’t be serious. There is a very large difference between investing and speculation, and blockchain currencies are a supreme example of a pump and dump speculation scam.

Putting aside 10% towards high risk / high reward investments can help balance a portfolio. Stocks are less risky but still a gamble, bonds are safer depending on who is backing them.

Re: Netflix is now worth more than $100B

#302

Post by Johnny555 »

imtringued wrote: post #298
Johnny555 wrote: post #221

Earlier quoted context omitted.

> Automation It seems like this is the opposite of growth - as more jobs are automated, fewer people will be able to buy the products that are created by the automation.

Instead of thinking in money you should think in widgets. Do you want more money but the same amount of widgets or do you want the same money but more widgets?

I want more money and the same amount of widgets, because then after I buy my widget, I have more money leftover to buy thingamabobs.

But if I earn less money, even if widgets drop in price, I don't have enough money to buy a thingamabob.

And really, how many widgets do I need? My garage is already stacked full of them and I can't even fit my car inside.

Re: Netflix is now worth more than $100B

#303

Post by aoeusnth1 »

edpichler wrote: post #107

I study stock market for more than a decade, for long term, and I perfectly now that company data should not be analysed in a isolatedly, but, any stock with P/E ratio 230.24 you need to be very careful, and put just the money you can afford to lose without disturb your sleep. For whom that does not understand company ratios, a P/E ratio 230.24 is meaning that you need 230 years of profits to return to you the price…

P/E is nearly useless because it counts capital expenses against earnings. A much better measure is cost of revenue.

Re: Netflix is now worth more than $100B

#304

Post by losteric »

p10_user wrote: post #231
xapata wrote: post #197

Earlier quoted context omitted.

> research and evidence The trouble is that income/wealth inequality is often ignored in macroeconomic models. The math gets tough and an easy way to simplify the equations is to assume an equilibrium growth path. More complex models use a dynamic stochastic general equilibrium, but an equilibrium all the same. Unfortunately, the key feature of rising inequality is that it may move the system into an unstable equilib…

I think the “us vs them” mentality is too strong here. Don’t you think these billionaires are just as against each other (if not more so) than against the common man?

Not at all - other billionaires are opponents, not enemies... they work together to continue extracting wealth from the common person.

Re: Netflix is now worth more than $100B

#305

Post by losteric »

xapata wrote: post #197
losteric wrote: post #85

Earlier quoted context omitted.

To what degree does income inequality, consumer debt, and rapidly rising barriers of entry to high-income fields contribute slowing GDP growth? Is there research and evidence on the subject? I'm just an engineer with basic financial survival skills... but blind intuition suggests fixing those problems is necessary for a sustainable growing economy. "Trickle-down" theory and growing inequality drains economic activity…

> research and evidence The trouble is that income/wealth inequality is often ignored in macroeconomic models. The math gets tough and an easy way to simplify the equations is to assume an equilibrium growth path. More complex models use a dynamic stochastic general equilibrium, but an equilibrium all the same. Unfortunately, the key feature of rising inequality is that it may move the system into an unstable equilib…

I'd like to research this some more, can you name some of those equations / macroeconomic models?

Re: Netflix is now worth more than $100B

#306

Post by losteric »

KhanMahGretsch wrote: post #230
losteric wrote: post #85

Earlier quoted context omitted.

To what degree does income inequality, consumer debt, and rapidly rising barriers of entry to high-income fields contribute slowing GDP growth? Is there research and evidence on the subject? I'm just an engineer with basic financial survival skills... but blind intuition suggests fixing those problems is necessary for a sustainable growing economy. "Trickle-down" theory and growing inequality drains economic activity…

I think this is a good, probing comment, and I would invite you to consider one more factor, because it's a major one: government debt and unfunded liabilities. This amounts to trillions in the U.S., a number so large it defies comprehension. A common solution offered is to simply "tax more", but it's clear that gov spending, by and large, bonkers. I'm sure the reasons for this are the same ones that keep that fat-ca…

National debt is a looming crisis, but the largest impact on the general public has been irrationally cutting government spending in the wrong areas (cutting $M from social programs to spend $B/$T on foreign wars).

Of course, the general public is screwed when the crisis hits - we don't have any off-shore bank accounts - and this administration has seriously shortened the timeline to crisis.

Re: Netflix is now worth more than $100B

#307

Post by WalterBright »

ihnorton wrote: post #294
WalterBright wrote: post #210

Earlier quoted context omitted.

> it somehow produces a lot more jobs. Recall a few days ago some people were trying to reconstruct the genome of the first black man in Iceland. There's no way anyone could have a job doing that in anything but a very wealthy society. In other words, AI won't create jobs in manufacturing, but it will enable unexpected jobs to be created that would otherwise not be cost-effective.

> Recall a few days ago some people were trying to reconstruct the genome of the first black man in Iceland. Recall who funded that work.

Nobody would have funded or volunteered for that work if they were concerned with getting enough food put away to survive the winter.

Re: Netflix is now worth more than $100B

#308

Post by KhanMahGretsch »

losteric wrote: post #306
KhanMahGretsch wrote: post #230

Earlier quoted context omitted.

I think this is a good, probing comment, and I would invite you to consider one more factor, because it's a major one: government debt and unfunded liabilities. This amounts to trillions in the U.S., a number so large it defies comprehension. A common solution offered is to simply "tax more", but it's clear that gov spending, by and large, bonkers. I'm sure the reasons for this are the same ones that keep that fat-ca…

National debt is a looming crisis, but the largest impact on the general public has been irrationally cutting government spending in the wrong areas (cutting $M from social programs to spend $B/$T on foreign wars). Of course, the general public is screwed when the crisis hits - we don't have any off-shore bank accounts - and this administration has seriously shortened the timeline to crisis.

If we give the government the ability to appropriate funds for social programs and safety-nets, rather than merely enforcing the rights in the constitution, it is inevitable that these funds will inevitably be misappropriated and allocated in ways that benefit the politician and his buddies, primarily.

As we continue on, we discover that, lo and behold, the programs need even more money, time for a tax increase!

Further down the line, we discover that further tax-increases are not politically-viable... no problem, let's just add to the entitlement-burden and let's re-visit the issue.

Later still, it's time to start paying for those unfunded liabilities but, damn it, there's no money in the vault. No problem: let's just print more money, and while we're at it, let's loan it to ourselves and charge "ourselves" interest (the second "ourselves" of course means "taxpayers, LMAFO).

Repeat until your currency, economy, and society collapses.

Re: Netflix is now worth more than $100B

#309

Post by jtmcmc »

joering2 wrote: post #216
JetSpiegel wrote: post #136

Earlier quoted context omitted.

If they have a box in your ISP with a cache of the content, those Gigabits are coming from a a LAN and are basically free, only limited by the infrastructure.

I see. So how can I bypass my CDN and put box with my own content inside ISP ?

have something on that box that lots of the ISPs customers use so that it lets the ISP serve the content easily and for free to their clients

Re: Netflix is now worth more than $100B

#310

Post by aagha »

anilshanbhag wrote: post #19

The entire stock market feels like its in a bubble. Netflix stock gained more than 25% in the past one month. Their free cash flow (FCF) has been negative every single quarter and will be for many quarters to come. Stocks trade based on discounted cash flow(DCF). Netflix however produces no material return for investors and still majority of the analysts keep putting higher and higher price targets, its like they are…

I find it unnerving that more traditional businesses are still valued on DCF, whereas it seems that if you become a tech giant, than you can get around it by saying: We're the 800 pound gorilla in this market and we're going to gobble it up. Don't worry about our cash situation. Both NFLX and AMZN fit this bill.
Post reply on HN