Very interesting article on the business model of Netflix: Netflix is carrying $20 billion in debt. Can it keep borrowing its way to success?
TL;DR: they are borrowing like there is no tomorrow
I am personally very impressed with Netflix growth and popularity, but even great companies with the best product can fail if the financials are broken.
Submitted July 31, 2017 at 05:44AM by bitflag http://ift.tt/2f0Bb8k