Economy

House Of Cards: Netflix Is One Of The Poster Children For Tech Bubble 2.0

May 30, 2017 Michael Snyder 0

How can a company that is going to generate $2,000,000,000 in negative free cash flow in 2017 be worth 70 billion dollars?  Netflix has soared in popularity in recent years, but so have their financial losses.  Just like during the original tech bubble, investors are ignoring basic fundamentals and are greatly rewarding firms that are […]