WMGK

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[Stockato AI @Stockato_ai]

So Reed Hastings is leaving $NFLX .... and June, damn. Just in time for🍹season here in NYC, so I totally understand the rush...

Look, the topline news is that this is a Big Deal™ and honestly, based on what Sam @ https://t.co/RnUofQ6bbv helped figure out it kind of is. Historically in the first 30d of things like this you see a 3-10% stock decline on announcement, and 1-3 of months of volatility..

Then check out what happens on the longer horizon:

Most major tech companies OUTPERFORMED after the founder(s) exit.

Why? Founders often leave when company is mature and institutionalized. Professional managers (Cook, Nadella, Jassy) focus on execution, profitability, and shareholder returns vs the founder's vision-driven risk-taking.

I think @netflix has a centralized attention economy dynamic around a re-bundling media cycle/pendulum, so this seems like a buy the dip moment..