Interview · moment 43 of 49
Netflix and Amazon Are "Fake Business": The Stock Market Con
from #232 - Andrew Schulz | The Tim Dillon Show · #232
3 min
Guest
Schultz explains his realization that streaming platforms like Netflix and Amazon operate as stock-price plays rather than profit-driven businesses, calling it "fake business."
- Tim predicted Netflix would go out of business, then got a show there.
- Amazon Prime is also going out of business, according to the same logic.
- Tim initially approached Netflix expecting it to need profits to survive, not realizing how the game actually works.
- As long as the stock price stays high, the business model works regardless of actual profits or revenue.
- This model applies to most tech-based companies like Uber, not just streaming platforms.
- The original purpose of the stock market was raising capital; now it's how initial investors cash out on the public.
- Once a company goes public, the founders extract their money and stop caring what happens to the business.
Netflixstock marketAmazon PrimeFake businessSpotifySiriusXMUber