← The 100 companies
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Communication · #40 of 100
Netflix
A streaming service for watching shows and movies over the internet.
📖 Its story
In 1997, Reed Hastings and Marc Randolph had an idea: rent movies by mail. People ordered a DVD online, and it arrived in a red envelope. Years later they started streaming videos over the internet and making their own shows.
💵 How it makes money
People pay it a subscription every month, and it also earns money from ads on some plans.
🤯 Fun fact
At first it didn't stream videos: it rented DVDs that it mailed in red envelopes.
👍 The good part
It makes shows and movies in many languages, including Mexican productions.
⚠️ The risk
It competes with many other platforms, and making new shows costs a huge amount of money.
🧠 Did you get it?
How did Netflix start?
Its stock
NFLX
on the Nasdaq stock exchange
$65.56
▼ 1.25% today
▼ 30.08% this year
In the game: 65.56 Monis per share (1 Moni = 1 dollar).
Price as of November 5 at 6:49 PM ET, delayed.
🗂️ Quick facts
- Founded in: 1997
- Founded by: Reed Hastings and Marc Randolph
- Home: Los Gatos, California, USA
🔎 How to find it on the stock market
- Search the internet for NFLX stock.
- You can also find it in your parents' investing app with the letters NFLX.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Netflix. Ask your mom or dad to join the list.
Join the list