RichC | July 27, 2018
If you have any vested interest in the stock market, Thursday’s huge drop for social networking’s behemoth Facebook ($FB), demonstrated what go up, can come down … and can come down fast! The "biggest ever one-day loss in market value for a U.S. listed company" happened yesterday and saw investors in $FB (or any pension […]
RichC | July 13, 2015
Back in mid-2011, Netflix management frustrated their users by splitting their DVD and streaming services. They upped subscriber subscriptions by 60% in some cases and created a flurry of cancelations. The CEO, Reed Hastings, came out publically and admitted he “messed up.” He was of course responding to both angry users and the shareholder who […]
RichC | September 2, 2011
There seems to be a little tarnish on the once high-flying Netflix who has dominated the DVD and streaming movie market since the demise of the big box video rental stores. Their model seemed to be invincible until someone realized that business is only as good as having content … and customers willing to pay […]