How Netflix went from a Blockbuster killer to a company whose future is 'clear as mud'
@MatthewWalter：
Netflix$Netflix(NFLX)$ investors are still reeling after the tech-heavy Nasdaq Composite Index posted its worst monthsince 2008. The stock — once a big winner from the pandemic — is down roughly 75% from its November peak, and its once $300 billion market cap now sits south of $80 billion. The streaming giant's subscriber drop in April spurred speculation on Wall Street about its next big move, which could involve a lower-priced ad-supported option or evena clamp-down on password sharing. In the meantime, it's worth reviewing the storied history of the company that arguablyput an entire movie-rental industry out of business. Dial back to 1997 when Reed Hastings and Marc Randolph founded Netflix.According to Britannica, Hastingsgot the
