The time to raise funds 
Tuesday, 2013/06/18
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Edition: Year 8 | # 89 | January 2011 
| CEO responds to investors’ post |
Danilo Gregório (E) 
|
Reed Hastings, CEO of Netflix, a company selling videos on the Internet, is an example of how American executives are increasingly aware of what is said about their companies in the social networks. On December 20, four days after fund manager Whitney Tilson explained on seekingalpha.com why he was short shares of Netflix, Hastings responded to the arguments on the popular investor blog. The CEO admitted that the company’s share price was indeed "substantial," and surprised by his boldness and frankness. |
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