Sunday, January 07, 2018 1:16:51 PM
Netflix Inc. was a $300 million e-commerce startup when it became a public company 15 years ago.
It’s now a $90 billion streaming giant, delivering a billion hours a week of video around the world.
Obviously this will never be Netflix but lets say it scales proportionately...so this is a $3m e-commmerce startup, how long do we think it will take to be a $900m e-commerce company? That would be a $4.71 dollar per share target...
How long do we think it will take to get that 300x return (aka turn $1,000 into $300,000?). A $900m valuation isn’t outrageous in this sector...will take some time, proven performance and improved content but I think could be years not decades away...thoughts?
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