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Suneel Mekala

Full Stack Developer...ย โ€ขย 3m

"๐—ก๐—ฒ๐˜๐—ณ๐—น๐—ถ๐˜…โ€™๐˜€ $๐Ÿฐ๐Ÿฌ๐—  ๐—•๐—ฒ๐˜ ๐—ง๐—ต๐—ฎ๐˜ ๐—–๐—ต๐—ฎ๐—ป๐—ด๐—ฒ๐—ฑ ๐—˜๐—ป๐˜๐—ฒ๐—ฟ๐˜๐—ฎ๐—ถ๐—ป๐—บ๐—ฒ๐—ป๐˜ ๐—™๐—ผ๐—ฟ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ" ๐—œ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿญ๐Ÿญ, ๐—ก๐—ฒ๐˜๐—ณ๐—น๐—ถ๐˜… ๐—บ๐—ฎ๐—ฑ๐—ฒ ๐—ฎ ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป ๐˜๐—ต๐—ฎ๐˜ ๐—ฎ๐—น๐—บ๐—ผ๐˜€๐˜ ๐—ฑ๐—ฒ๐˜€๐˜๐—ฟ๐—ผ๐˜†๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ๐—บ. They ๐˜€๐—ฝ๐—น๐—ถ๐˜ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐——๐—ฉ๐—— ๐—ฟ๐—ฒ๐—ป๐˜๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐˜€๐˜๐—ฟ๐—ฒ๐—ฎ๐—บ๐—ถ๐—ป๐—ด ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€โ€”raising prices by 60%. Customers ๐—ฟ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜๐—ฒ๐—ฑ. 800,000 users ๐—ฐ๐—ฎ๐—ป๐—ฐ๐—ฒ๐—น๐—ฒ๐—ฑ. Their stock ๐—ฑ๐—ฟ๐—ผ๐—ฝ๐—ฝ๐—ฒ๐—ฑ ๐Ÿณ๐Ÿณ% ๐—ถ๐—ป ๐Ÿฐ ๐—บ๐—ผ๐—ป๐˜๐—ต๐˜€. The media called it โ€œ๐˜๐—ต๐—ฒ ๐—ฒ๐—ป๐—ฑ ๐—ผ๐—ณ ๐—ก๐—ฒ๐˜๐—ณ๐—น๐—ถ๐˜….โ€ But Reed Hastings stayed stubborn. He knew: ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ฎ๐—บ๐—ถ๐—ป๐—ด ๐˜„๐—ฎ๐˜€ ๐˜๐—ต๐—ฒ ๐—ณ๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ. So Netflix doubled downโ€”spending $40M on an exclusive show called ๐˜๐˜ฐ๐˜ถ๐˜ด๐˜ฆ ๐˜ฐ๐˜ง ๐˜Š๐˜ข๐˜ณ๐˜ฅ๐˜ด. At the time, ๐—ป๐—ผ ๐—ผ๐—ป๐—ฒ ๐—ฏ๐—ฒ๐—น๐—ถ๐—ฒ๐˜ƒ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐—ผ๐—ฟ๐—ถ๐—ด๐—ถ๐—ป๐—ฎ๐—น ๐˜€๐˜๐—ฟ๐—ฒ๐—ฎ๐—บ๐—ถ๐—ป๐—ด ๐—ฐ๐—ผ๐—ป๐˜๐—ฒ๐—ป๐˜. Studios laughed. Investors panicked. But Netflix bet ๐—ฏ๐—ถ๐—ด ๐—ผ๐—ป ๐—ฑ๐—ฎ๐˜๐—ฎ: โ†’ They knew ๐˜‚๐˜€๐—ฒ๐—ฟ๐˜€ ๐—น๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐—ฝ๐—ผ๐—น๐—ถ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฑ๐—ฟ๐—ฎ๐—บ๐—ฎ๐˜€. โ†’ They knew ๐—ฏ๐—ถ๐—ป๐—ด๐—ฒ-๐˜„๐—ฎ๐˜๐—ฐ๐—ต๐—ถ๐—ป๐—ด ๐˜„๐—ฎ๐˜€ ๐—ฟ๐—ถ๐˜€๐—ถ๐—ป๐—ด. โ†’ They knew ๐——๐—ฉ๐——๐˜€ ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐—ฑ๐—ถ๐—ฒ. ๐—ง๐—ต๐—ฒ ๐—ฟ๐—ฒ๐˜€๐˜‚๐—น๐˜? ๐˜๐˜ฐ๐˜ถ๐˜ด๐˜ฆ ๐˜ฐ๐˜ง ๐˜Š๐˜ข๐˜ณ๐˜ฅ๐˜ด ๐—ฏ๐—ฒ๐—ฐ๐—ฎ๐—บ๐—ฒ ๐—ฎ ๐—ด๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ฝ๐—ต๐—ฒ๐—ป๐—ผ๐—บ๐—ฒ๐—ป๐—ผ๐—ป. Netflixโ€™s subs skyrocketed. And Hollywood was forced to adapt. ๐—ช๐—ต๐˜† ๐—ง๐—ต๐—ถ๐˜€ ๐— ๐—ฎ๐˜๐˜๐—ฒ๐—ฟ๐˜€ ๐—ง๐—ผ๐—ฑ๐—ฎ๐˜†: Netflixโ€™s $40M gamble did 3 things: 1. Proved streaming could beat TV 2. Made binge-watching the norm 3. Forced Disney, HBO, Apple into streaming ๐—ง๐—ต๐—ฒ ๐—•๐—ถ๐—ด ๐—Ÿ๐—ฒ๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด: When you see the future before others, you have two choices: 1. Play it safe and fade away. 2. Bet hard and own the next era. Netflix chose #๐Ÿฎโ€”and changed entertainment forever. ๐—ง๐—ต๐—ฒ ๐—ฏ๐—ฒ๐˜€๐˜ ๐—ณ๐—ผ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€ ๐—ฑ๐—ผ๐—ปโ€™๐˜ ๐—ท๐˜‚๐˜€๐˜ ๐—ฎ๐—ฑ๐—ฎ๐—ฝ๐˜. ๐—ง๐—ต๐—ฒ๐˜† ๐—ณ๐—ผ๐—ฟ๐—ฐ๐—ฒ ๐˜๐—ต๐—ฒ ๐˜„๐—ผ๐—ฟ๐—น๐—ฑ ๐˜๐—ผ ๐—ฎ๐—ฑ๐—ฎ๐—ฝ๐˜ ๐˜๐—ผ ๐˜๐—ต๐—ฒ๐—บ.

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