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This isn’t about keeping Netflix in business, they are doing just fine. This is about squeezing out every last drop of exponential growth expected by shareholders.


Their stock plummeted 75% between Oct 2021 and June 2022. That's not "doing just fine" by any standard.

So no, this isn't about squeezing out every last drop, this is about making necessary structural changes to remain viable in the long-term.


It was also up 300% between 2019 and 2021, and has bounced way back up since June 2022. This is just reversion to the mean


Wait, when did stock price have anything to do with company health?




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