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Evidence receipt / uncertainty

Published · transcript-backed

David Rosenthal: uncertainty

10 Feb 2022 Acquired Peloton

“Then Amazon, I don't know if they ever publicly announced, but word got out that Amazon was going to enter the market and compete directly with Netflix, which of course they did in a different way much later in history.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
uncertainty
Recorded
10 Feb 2022
Publisher
Acquired
Episode
Peloton

Transcript context

…Netflix is boring. It's done. Everything's going to be smooth sailing and successful from here on out so I'll go do something else. Then Amazon, I don't know if they ever publicly announced, but word got out that Amazon was going to enter the market and compete directly with Netflix, which of course they did in a different way much later in history. The stock gets hammered. Literally, the stock price literally dropped 60%, shades of what's happening with Peloton now. And 60 is a modest drop compared to what happened with Peloton.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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