S&P 500 adds Netflix to its queue | Hacker News Reader

S&P 500 adds Netflix to its queue

news.cnet.com

26 pointsbjonathan9 comments

Some companies continue to surprise, year after year. For me, Amazon and Netflix are the 2 that are the most frequently underestimated. I recall a few years ago when Amazon came out with AWS and stock analysts were like, "Why are they bothering with this tech stuff? They are a bookstore. They should focus on the core competencies." The analysts somehow missed that running a web site on a galactic scale was, in fact, part of Amazon's core competence.

Netflix, in its battle against Blockbuster and other media giants, seems to epitomize that quote that is often attributed to Ghandi:

First they ignore you

Then they laugh at you

Then they fight you

Then you win.

Now that is a good headline.

i do not have the power to downvote, but I don't think this is a deeply interesting article.

http://ycombinator.com/newswelcome.html

Netflix replacing the NY Times in the S&P 500? I think thats fascinating to know about.

Yeah, great headline, but also interesting that Kodak and NY Times, behemoths of the past, are being replaced by Netflix, a behemoths of the future...

Guess I'm just saying I prefer more in depth articles on HN over news blurbs. For instance, if there was eventually a follow up article that explored the changing landscape of business, that would be the kind of article I would like to see on HN; I can read the headlines elsewhere. That said, maybe the thoughtful discussions about headlines here are worthwhile.

If that were what you wanted to say, there are much less snarky ways to go about it. Being snarky is the best way to get a marginal comment downvoted five million times.

point taken :)

Ironically, in posting this comment you've already done the very action you were complaining about!

Anyways - there is no doubt that this article is interesting. It is a sharp sign of the times - venerated, 'unshakable' establishments such as the New York Times are being pushed out, while upstart tech companies are moving in.

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