
This Week in Startups Netflix earnings breakdown, Kushner’s $3B pitch deck, CNN+ on pause, Grubhub for sale | E1439
Apr 21, 2022
Netflix faces its first-ever subscriber loss, raising questions about its content strategy and market competition. Jared Kushner's leaked $3 billion pitch deck offers a humorous glimpse into venture capital antics. Meanwhile, CNN+ is reportedly on the brink of shutdown just weeks after launching, while Just Eat Takeaway considers selling Grubhub only months after a hefty acquisition. These stories highlight the rapidly changing landscape of media and food delivery, showcasing the challenges and absurdities of today’s business world.
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Competition and Price
- Disney+ offers strong competition, providing comparable content at a lower price.
- This makes Netflix's high price for less premium content a significant issue.
Riskier Content
- Netflix should take more risks with its content, like HBO with shows like Succession.
- This is preferable to algorithm-driven, mass-appeal content that lacks distinction.
Kushner's Pitch Deck
- Jared Kushner's leaked pitch deck for Affinity Partners, which raised $3 billion, is full of jargon.
- Jason Calacanis mocks the deck's language, calling it "accelerating transformation through connectivity."
