This post originally appeared on HackerNoon.
Netflix should not be thought of as a streaming business. Streaming is not the business model, it’s the source of data.
Hollywood is similar to Silicon Valley. It’s an entrepreneurial ecosystem with an equivalent of venture capital — studios.
VCs have tried using data to improve their investment decisions. They had moderate success. The problem is that it’s difficult to collect comparable data sets for startups.
Netflix has it all for content.