OIM 210 Lecture Notes - Lecture 5: Long Tail, Warren Buffett, Switching Barriers
Document Summary
Why netflix: a huge dvd business by mail, it shifter and the market shifter to change the way things have been done for a long time, netflix was able to adapt and change from shipping actual plastic. Dvds to bits streamed over the internet: the market of streaming is different in every single way from the. Dvd business: this means that netflix is in two businesses at the same time, but they do not have efficiency from either. Private: public shows the accounting of your firm, companies see how well they are doing and copy them, attracted two big sharks walmart and blockbuster. Will netflix win: netflix business is like an ice cube melting in the sun , many people believed walmart would beat them out. Netflix is the last picture show : michael pactor from wedbush securities said: netflix stock is a worthless piece of crap , decrease from per share to per share.