A $116B Mistake I Want You To Avoid

Human ego makes you lose a lot of money

Source: Pexels

Year 2000.

Netflix was dedicated to the sale and rental of DVDs remotely. The company had been in the market for three years, and although it had more and more subscribers, the numbers were not working. That year, 2000, they were on their way to losing $50 million.

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Carlos Pascual

Carlos Pascual

x4 Top Writer: Economics, Finance, Investing, and Bitcoin. Writer at www.asymmetricfinance.co and at godfatherinvestor.com