4.6 • 689 Ratings
🗓️ 21 January 2020
⏱️ 74 minutes
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In this BRR CLASSIC episode, James Olson discusses how using your entire brain can not only help you individually, but can make the entire world a better place.
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0:00.0 | The night may be long and the dark may be deep, but the answers are there to be found. |
0:07.6 | Whether it's the normal, the abnormal, or the paranormal, you're in the right place. |
0:12.6 | Let's go beyond reality. |
0:15.0 | So what do you do in a world where an upstart company that's been around, I don't know, let's say 10 years, maybe it's longer |
0:24.8 | than that, maybe it's a few years shorter than I'm not, no, I'm not exactly sure, I don't know, |
0:29.3 | but an upstart company becomes more valuable than any other media company in the world, |
0:36.0 | including Disney, which owns some of the most |
0:38.8 | amazing film properties ever created. They own amazing theme parks that are very, very profitable. |
0:46.5 | Yet you have a company, Netflix, that is now worth more than any of those companies, any of the, |
0:53.8 | any of the networks, ABC, CBS, NBC that are owned by whomever. |
1:00.6 | Netflix is now the most valuable media company in the world. |
1:05.0 | You're saying, what are their, what's their value? |
1:07.5 | The market cap today just went up to to let's see 161 billion dollars that's an 82% increase |
1:18.2 | in value um this year this year may 20 we're not even six months into it and it's funny just a couple |
1:26.9 | years ago people were like net Netflix will never, never survive. |
1:29.8 | Well, I mean, you know, anytime you get media, not necessarily media companies, but internet technology companies exploding like that, you start worrying about a bubble situation. |
1:40.0 | And, you know, we've seen those crashes come and go. |
1:42.7 | I don't know if, you know, I don't know the, |
1:44.4 | the, the, the, the basics and the valuations behind this. But the fact that Disney is only |
1:50.7 | worth $152 billion, and you've got Netflix at $161 billion. I mean, that's a pretty |
1:58.3 | striking thing. And what does Netflix ownflix own i mean they do have some |
2:00.9 | original programming of course they've been doing that the last few years yeah but basically they just |
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