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Joined 1 year ago
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Cake day: July 5th, 2023

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  • I think Dr CD outlined a specific arc that companies follow, but the term has been co-opted to mean any process that drives out competition before turning the screws on their customers. Did Netflix follow the three steps?

    Netflix was certainly good to its subscribers 15 years ago.

    Were they then good to their business customers (studios) at the cost of the users? I don’t think they were ever good to studios.

    Have they now clawed back surpluses for themselves? Abso-fuckin-lutely.

    I think step 2 is the key to the original definition, and the one commenters often ignore. All companies burn cash to get started. All companies try to become a monopoly, and monetize everything once they do.