By going public, netflix encountered competition from the large, established firms wal-mart and blockbuster. What aspect of netf

Question

klemol [59]

2 years ago

13

By going public, netflix encountered competition from the large, established firms wal-mart and blockbuster. What aspect of netf

lix going public lured these firms into the market?.

Business

1 answer:

jek_recluse [69] · Answer 1 · 2023-09-09T02:39:06+03:00

The aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.

<h3>What does it mean to go public?</h3>

When it is said that a company has gone public, what this would mean is that the company has been able to undertake the initial public offering that it has and it has sold its shares to the public so that it can raise more capital.

Hence we cans ay that the aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.

Read more on going public here: brainly.com/question/4888786

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