So the CEO did a cowardly Q and A with his secretary, then moved onto live calls. You’d think following a fucking 70%+ decline in the stock price, some analyst or shareholder would care to vent? Nope. Luckily for Reed, the fucking technical difficulties resulted in no more than 1 question, whereby he congratulated himself for asking himself so many poignant questions. Seemingly, Reed or Reid believed he did such a great job, no one needed to ask him anything.
Have a listen to this preposterous conference call format.
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Preposterous indeud. Outright bizarre and Chinese-burrito like. Adios NFLX….You will soon be a verb….
They said at the beginning that this was the normal format they follow. Never had a reason to listen to a NFLX call before today’s expected sideshow, but if what they said is true it’s certainly odd they’ve gotten away with it for so long.
And certainly a very convenient “technical error” at the end.
One must listen to what Reid didn’t say, did anyone see his teleprompter?
FLY i am new on here and you never ceaase to amaze me, please don’t stop.
I’ve never listened to one of their calls either, but have seen lots of posts on the innernets saying this is standard procedure for them. I agree with leftcoast that it’s amazing they got away with it for so long. Apparently as long as the stock price is going up you can get away with anything. But one slip up and you are toast.
CRM… you’re next.