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The Secret Formula for a $1T Valuation

The Secret Formula for a $1T Valuation

AKA, Who Wants to be a Trillionaire? Ok, maybe not a trillionaire, but running a company with a shot at getting to the trillion dollar status, has been there, or is damn close or potentially able to get there? Notice that Apple, Google, Amazon and Facebook – four of the FAANG stocks – all have something in common: they all have 100M+ plus users, and are “trusted” platforms – “trusted” being an odd choice of words here, in our case, but work with us.

While Netflix is also part of the FAANG stocks and ergo potentially a trillion dollar player, the company is now experiencing something less than that Silicon Valley-venerated hockey stick growth, as Netflix reports slowing subscriber growth for the first time, which is also part of our point here. Read More...

As the FAANG Founders Turn – On Each Other

As the FAANG Founders Turn – On Each Other

Image by Gerd Altmann from Pixabay

You have to give Mark Zuckerberg credit. Love him or hate him, he does act very deliberately, even if you might believe that it is with malice aforethought.

Netflix founder and CEO Reid Hastings resigned from the Facebook board this past week. Peggy Alford, currently senior vice president of Core Markets for PayPal, will be nominated to join the board of directors and become its first black member, but there’s a clear case of missing the forest through the trees here.

Facebook is reportedly spending $1 billion on producing original content. When Hastings joined the board in 2011, he said that he had been trying to figure out how to integrate Facebook and make Netflix more social, so getting on the board was a good deal, according to Business Insider. Read More...

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