Netflix

Subscription-based streaming service for entertainment

Los Gatos, California, United States

About Netflix

Netflix is a streaming service that offers a wide variety of entertainment content, including TV shows, movies, anime, and documentaries. Users can access this content on various internet-connected devices, such as smart TVs, game consoles, and mobile phones, by paying a fixed monthly subscription fee. This subscription model provides users with on-demand access to an extensive library of content without any advertisements, enhancing the viewing experience. Netflix differentiates itself from competitors by continually updating its content library with new titles each week and offering a specialized children's experience with parental controls to ensure safe viewing for younger audiences. The company's goal is to provide a seamless and enjoyable entertainment experience for a diverse global audience.

Los Gatos, CaliforniaHeadquarters
1997Year Founded
$100.6MTotal Funding
IPOCompany Stage
Consumer Software, EntertainmentIndustries
10,001+Employees

Benefits

Free lunches
Up to 12 months' maternity and paternity leave
Unlimited vacation days, within reason
Open working hours (at the California office)
Health, vision, and dental insurance
Employee stock purchase plan
Mobile phone discounts

Risks

Tax and labor investigations could lead to financial penalties and reputational damage.
Partnership with Naver may increase competition in the South Korean market.
Early release of 'Squid Game: Unleashed' may face technical issues or negative feedback.

Differentiation

Netflix offers a vast, ad-free content library across multiple devices.
Specialized children's experience with parental controls enhances family-friendly appeal.
Regular content updates keep the platform fresh and engaging for subscribers.

Upsides

Partnership with Naver enhances Netflix's presence in the South Korean market.
Investment in GenAI platform positions Netflix as a leader in innovative content creation.
Focus on mobile gaming diversifies revenue streams beyond traditional streaming.

Funding

Total raised$100.63 M
Latest valuation$309.00 M
StageIPO
POST IPO EQUITY
10/31/2023
$183
POST IPO DEBT
3/31/2018
$1.5 K
IPO
4/30/2002
$82
$309.00 M
$50
$250.00 M
SERIES B
5/31/1998
$6
$30.00 M
SERIES A
2/28/1998
N/A
$1.25 M