Netflix should become a tech company. I hear the obvious response already: Jimmy, Netflix is already a tech company! Counterpoint: Is it though? Somehow, after two dot-com booms, the markets still have an aesthetic-based definition of what constitutes a “tech company”: If a company – any company – has an expensive enough app, and if its founders talk enough about “disrupting” industries, then it is a “tech company” and is therefore entitled to a valuation completely disconnect...
