Netflix (NFLX) Company Profile
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Stage: Seed (just an idea)
Industry / Market
Growth Rate: n/a%
Other Info: n/a
Netflix, Inc. operates an online movie rental service servicing approximately 7.5 million subscribers in the United States. Through various plans, Netflix subscribers select DVDs online, receive the selected DVDs in the mail, and then return them using provided prepaid mailers. Netflix does not provide deadlines or charge late fees. After a DVD has been returned, Netflix sends the next available DVD in a subscribers wish list. The company has also boasts a library of over 6,000 digital films and videos which subscribers can watch instantly online as a free service to DVD subscription plans. Netflix now offers a streaming only plan without the DVD subscription service. (see report summary)
Netflix's management team was promoted from within. Research indicates that internal hires produce better long term returns for investors. Netflix has passionate management, which is a key ingredient for top performing companies. Netflix's core business ideology does not solely revolve around money or financial gain. Companies with such limited focus tend to underperform over the long term.