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Chat
ME
Marvin Jake Espino6:00 PM
Hello Ray! 🙂
🙌🏽
1 reply
DC
David Chase6:01 PM
Marvin you are the man
😁
DC
David Chase6:06 PM
Who listened to me on Tuesday haha
KS
Kavya Sharma6:06 PM
Software-first!
TS
Teresa Sung6:06 PM
software first
NS
Natalya Sanchez6:06 PM
A software-first company
KC
Kingsten Cambra6:06 PM
software-focused
F
Fatemeh (Fah-duh-may)6:06 PM
software fist
LT
Lauren Townsend6:06 PM
Being software first
JJ
Joshua Joshua6:06 PM
software centric
LS
Lucy Sun6:06 PM
main revenue come from software
BB
Ben Brentnall6:06 PM
Software focused
AC
Annette Chan6:06 PM
Soft ware first
CJ
Camila Joseph6:06 PM
Software first
EC
Emma de la Cruz6:06 PM
Software is the main focus
AG
Aaron Gomez6:06 PM
Software first
JF
Justin Fan6:06 PM
software oriented company
EL
Eunice Jia Yi Lim6:06 PM
software first
TJ
Timothy Jue6:06 PM
Software first
KP
kayla pham6:06 PM
Soft-ware first company
MF
Marcus Fong6:06 PM
software 1st
JH
Jose Miguelin (Migo) Hizon6:06 PM
software focused as the main source of revenue
AK
Abbi Kim6:06 PM
a company that puts software first!
ME
Marvin Jake Espino6:06 PM
Software 1st
NH
Nhi Ho6:06 PM
Software centric
CC
Cameron Chiao6:06 PM
a software first
MR
Monica Isabel Reyes6:06 PM
A tech company is a software first company
F
Fatemeh (Fah-duh-may)6:06 PM
and Seattle U!
🙌 4
ME
Marvin Jake Espino6:06 PM
And Seattle University!!! hahaha
🙌 4
F
Fatemeh (Fah-duh-may)6:06 PM
206! Seahawks, Seahawks! 🤪
💙💯 2
AC
Annette Chan6:07 PM
Software as a service
NM
Nick Miley6:07 PM
Software as a service
TS
Teresa Sung6:07 PM
software as a service
LT
Lauren Townsend6:07 PM
software as a service
EJ
Ella Jackson6:07 PM
Software as a service
JJ
Joshua Joshua6:07 PM
software as a servicve
AK
Abbi Kim6:07 PM
software as a service
ME
Marvin Jake Espino6:07 PM
Software as a service
CC
Cameron Chiao6:07 PM
software as serv
LS
Lucy Sun6:07 PM
they sell software to B2B or B2C
AK
Abbi Kim6:07 PM
ex. salesforce
NS
Nicole Shellito6:08 PM
Pay per use revenue model
DC
David Chase6:08 PM
GenZ and Millenials - we know renting
🥹 2😂 4😭 2
1 reply
CG
Camryn Gardner6:09 PM
Infinite revenue
JJ
Joshua Joshua6:09 PM
cheaper
LS
Lucy Sun6:09 PM
generates reoccurring revenue
TD
Tite Divava6:09 PM
scalable
NS
Natalya Sanchez6:09 PM
Fast-moving
AG
Aaron Gomez6:09 PM
efficiency
ME
Marvin Jake Espino6:09 PM
They can continue to charge and up prices
AK
Abbi Kim6:09 PM
easily adaptable to other companies needs (packages based on employee numbers, needs, etc.)
❗
F
Fatemeh (Fah-duh-may)6:10 PM
we know it too deeply 😭
MR
Monica Isabel Reyes6:10 PM
Clients don’t have to worry about managing or maintaining the service
❗
NM
Nick Miley6:10 PM
Lower upfront cost
ME
Marvin Jake Espino6:10 PM
Clients get product right away
MF
Marcus Fong6:10 PM
security/data risks is a big con
JJ
Joshua Joshua6:10 PM
bad reputation in some cases. Got called customer milker
LT
Lauren Townsend6:11 PM
data privacy - con
EB
Evan Braun6:11 PM
Negatives: clients don’t have as much control as Paas or Iaas (mostly con for businesses)
NS
Natalya Sanchez6:11 PM
could be more flawed/less time for research/security
BB
Ben Brentnall6:11 PM
Hard to find an alternative once you're in
➕
MR
Monica Isabel Reyes6:11 PM
pro - more accessible
🙌🏽
YS
Yuvrinder Sidhu6:11 PM
Negative - You lose the direct ability to modify/optimize the product to best suit your needs.
👍 2
AK
Abbi Kim6:12 PM
monopolys of SaaS can result into really tough situations (ex. cloudflare going down and the majority of internet being down too) where consumers have no alternatives and suffer
❗ 2
DC
David Chase6:13 PM
Bugs get fixed
MF
Marcus Fong6:22 PM
business goals - monthly/yrly subscriber growth, active users per month/yr
AK
Abbi Kim6:22 PM
number of subscriptions? 🤔
JH
Jose Miguelin (Migo) Hizon6:22 PM
to get the most viewers as possible and hotels to showcase their platform on TVs
EC
Emma de la Cruz6:22 PM
Getting subscriptions
CG
Camryn Gardner6:22 PM
Goal: create lifelong consumers of media
YS
Yuvrinder Sidhu6:22 PM
goal: High profit per user
KC
Katherine Carter6:22 PM
highest amount of user retention/subscriber retention
KS
Kavya Sharma6:22 PM
Recurring users
KC
Kingsten Cambra6:22 PM
streaming subscriptions
KP
kayla pham6:22 PM
Consistent and new subscribers (life-long consumers)
NS
Nicole Shellito6:22 PM
They banned sharing accounts
MR
Monica Isabel Reyes6:22 PM
subscriber retention
EL
Eunice Jia Yi Lim6:22 PM
To achieve a certain amount of profit based on subscription amounts and maintaining it?
AK
Abbi Kim6:23 PM
maybe accruing streaming rights (number of profitable shows) to build up subscribers
CG
Camryn Gardner6:23 PM
@Natalya Sanchez nothing worse than being booted from the family Netflix account
😭 9😂 3❗ 4🥀
2 replies
JM
Joseph Mukanda6:23 PM
trying to get the most relative shows on its platform to attract more subs
NS
Natalya Sanchez6:24 PM
literally!
AK
Abbi Kim6:24 PM
I've had to ask my parents for the auth code so many times...
😂
NH
Nhi Ho6:24 PM
To keep the churn rate low while paid subcribers high
DC
David Chase6:24 PM
I feel like my parents know to just send me a code when they get it
🤣 3
ME
Marvin Jake Espino6:25 PM
Product strategy / pricing
1 reply
KS
Kavya Sharma6:25 PM
Strategy?
NS
Nikita Sharma6:25 PM
Product strategy ?
KP
kayla pham6:25 PM
Strategy
KC
Katherine Carter6:25 PM
why: because autosubscribe is so easy, so once you pay once you don't think about paying again vs getting the 'bargain' of the yearly subscription
👀
LT
Lauren Townsend6:25 PM
product strategy
MR
Monica Isabel Reyes6:26 PM
consistent stream of revenue/no discounted yearly price
1 reply
EB
Evan Braun6:26 PM
better access to incremential revenue
👀
DC
David Chase6:26 PM
I’d say “pricing”
👍
AK
Abbi Kim6:26 PM
their product strategy is to provide a variety of "quality" shows that you want to watch (ex. bc it's trendy, popular, etc.), which hooks you into the subscription plan as new shows keep coming out
🔥
EL
Eunice Jia Yi Lim6:26 PM
Product strategy: I feel like users won't be as intimidated in subscribing monthly versus yearly
NS
Nikita Sharma6:26 PM
They might do that to ease the fear of commitment, also they churn out new movies /shows every month, so that keeps you subscribed just for another month (and thats never-ending)
‼️
MR
Monica Isabel Reyes6:26 PM
also able to bump up the monthly subscription cost
🔥
YS
Yuvrinder Sidhu6:26 PM
Product strategy - provides them more flexibility in cash flow generation?
KC
Katherine Carter6:26 PM
also because if it's monthly it feels like a user can opt out if they feel like they don't want to pay anymore-- but they won't.
‼️ 2
BB
Ben Brentnall6:27 PM
Could make it easier to keep stats on user count, a yearly subscriber might not be watching month by month
👀
LS
Lucy Sun6:27 PM
it might be easier for them to raise prices, especially if they are spending more to aqquire access to other films
🔥 2
AK
Abbi Kim6:28 PM
it's easy to spend 15 dollars a month, but spending 180 all at once can make consumers nervous
💙 2
MF
Marcus Fong6:28 PM
if the cost of churn of a month to month subscription model is really high, how does your team balance features that priortitze new user acquisition vs customer retention?
🤯 2👏🏻 2
3 replies
CG
Camryn Gardner6:28 PM
Predictable revenue: I have noticed that Netflix only offers monthly subscriptions, how is the overall culture of the company reflected in the choice to not offer annual subscriptions?
🔥 4
JW
Jackie Wu6:28 PM
Great question to ask in an interview!
DC
David Chase6:29 PM
amazing
MF
Marcus Fong6:29 PM
bless 100% gonna ask this now
🔥🙌
YS
Yuvrinder Sidhu6:31 PM
More flexible pricing! Monthly subscription allows for Netflix to readjust their prices to costs and flexibility to adjust prices to other associated risks in the market that providing an annual subscription wouldn’t be able to give. It provides an option to the company to adapt to real changes! Sort of a real option focused strategy.
💙
MC
Miguel Colin6:31 PM
Xbox live was my childhood
❤️ 7
KC
Katherine Carter6:32 PM
I also wonder what it means that Netflix (I believe) was the first to introduce games into their platform (for instance, app games) with your subscription. I wonder why this is, as it seems to indicate that additional sources of user draw were needed.
3 replies
EB
Evan Braun6:32 PM
Last meeting we talked about the different areas in which we can ask questions - Ray gave insight that interviewers value understanding business model/strategy, so should we try to weight/integrate business model more into our questions?
2 replies
JM
Joseph Mukanda6:33 PM
as anyone tried playing the Netflix games?
👍
4 replies
EB
Evan Braun6:33 PM
maybe relative to other questions/areas of questions
MF
Marcus Fong6:33 PM
gamificiation is an interesting move for companies to play (duolingo, netflix, etc). it risks brand dilution and confusion on brand image
AK
Abbi Kim6:33 PM
i think it was to break into the mobile app market -- seems like a "one stop shop" approach where consumers can watch and play media.
JW
Jackie Wu6:33 PM
Also great thing to ask about if you were in an interview!
ME
Marvin Jake Espino6:33 PM
Yes, super fun over the weekend for quick game nights!
😯
CG
Camryn Gardner6:33 PM
Savage Ray. End your addiction!
😂 3
NS
Nikita Sharma6:33 PM
So proud of you
😂 3
JW
Jackie Wu6:33 PM
Absolutely, yes!
👍
DC
David Chase6:33 PM
I’d include one business model question personally
👍
NS
Natalya Sanchez6:33 PM
i have! i enjoyed it for a bit but kinda forgot about it 😵💫
😂
AK
Abbi Kim6:34 PM
really good for family game nights since they're kid friendly!
💙
DC
David Chase6:34 PM
Not addictive enough
NS
Nicole Shellito6:34 PM
I think it’s interesting that more shows are using delayed episode releases rather than immediate access to an entire season as part of their strategy to potentially gain increased and continued engagement from users
👀 5
1 reply
DC
David Chase6:34 PM
Natalya forgot about it
😂 3
MF
Marcus Fong6:36 PM
too bad ST5 flopped
😭 2
KC
Katherine Carter6:36 PM
when are streaming services going to break in to the shortform content market for garnering attention 👀
👀
AK
Abbi Kim6:36 PM
stranger things was released over a period of 2-3 months... more revenue generated for them 🥹
🥀
EB
Evan Braun6:36 PM
attention
F
Fatemeh (Fah-duh-may)6:36 PM
Attention
CJ
Camila Joseph6:36 PM
Attention
TS
Teresa Sung6:36 PM
attention
JF
Justin Fan6:36 PM
attention
NS
Natalya Sanchez6:36 PM
attention
AT
Agata Tong6:36 PM
attention
MF
Marcus Fong6:36 PM
attention
JJ
Joshua Joshua6:36 PM
Attention
KC
Kingsten Cambra6:36 PM
attention
EC
Emma de la Cruz6:36 PM
attention
AG
Aaron Gomez6:36 PM
attention
JH
Jose Miguelin (Migo) Hizon6:36 PM
attention
LT
Lauren Townsend6:36 PM
attention
NH
Nhi Ho6:36 PM
attention
KP
kayla pham6:36 PM
attention
KS
Kavya Sharma6:36 PM
attention
NS
Nikita Sharma6:36 PM
Attention
CC
Cameron Chiao6:36 PM
attention
AK
Abbi Kim6:36 PM
attention
YS
Yuvrinder Sidhu6:36 PM
Attention
MR
Monica Isabel Reyes6:36 PM
attention
EB
Evan Braun6:36 PM
transaction
TD
Tite Divava6:36 PM
Transaction
JJ
Joshua Joshua6:36 PM
Transaction
JH
Jose Miguelin (Migo) Hizon6:36 PM
transaction
LT
Lauren Townsend6:36 PM
transaction
AG
Aaron Gomez6:36 PM
transaction
AK
Abbi Kim6:36 PM
transaction
KP
kayla pham6:36 PM
transaction
VR
Vanessa Rodriguez6:36 PM
Transaction
YS
Yuvrinder Sidhu6:36 PM
transaction
NS
Natalya Sanchez6:36 PM
transaction
NS
Nikita Sharma6:36 PM
Transaction
JM
Joseph Mukanda6:36 PM
transaction
TS
Teresa Sung6:36 PM
transaction
MR
Monica Isabel Reyes6:36 PM
transaction
NH
Nhi Ho6:36 PM
Transaction
MF
Marcus Fong6:36 PM
transsction
EL
Eunice Jia Yi Lim6:36 PM
transaction
KC
Kingsten Cambra6:36 PM
transaction
JJ
Joshua Joshua6:37 PM
Productivity
BB
Ben Brentnall6:37 PM
productivity
TS
Teresa Sung6:37 PM
productivity
YS
Yuvrinder Sidhu6:37 PM
Productivity
IH
Isabelle Hu6:37 PM
productivity?
AG
Aaron Gomez6:37 PM
Productivity
LS
Lucy Sun6:37 PM
productivity
JH
Jose Miguelin (Migo) Hizon6:37 PM
productivity
KP
kayla pham6:37 PM
productivity
MR
Monica Isabel Reyes6:37 PM
productivity
NS
Natalya Sanchez6:37 PM
productivity
EC
Emma de la Cruz6:37 PM
productivity
NH
Nhi Ho6:37 PM
Productivity
AK
Abbi Kim6:37 PM
productivity
JM
Joseph Mukanda6:37 PM
product
LT
Lauren Townsend6:37 PM
productivity
KC
Kingsten Cambra6:37 PM
productivity
YS
Yuvrinder Sidhu6:37 PM
transaction
EJ
Ella Jackson6:37 PM
Transaction
NS
Natalya Sanchez6:37 PM
transaction
JH
Jose Miguelin (Migo) Hizon6:37 PM
transaction
AC
Annette Chan6:37 PM
transatcion
TS
Teresa Sung6:37 PM
transaciton
BB
Ben Brentnall6:37 PM
transaction
LT
Lauren Townsend6:37 PM
transaction
AG
Aaron Gomez6:37 PM
transaction
JJ
Joshua Joshua6:37 PM
trans
AK
Abbi Kim6:37 PM
transaction
KP
kayla pham6:37 PM
transaction
NH
Nhi Ho6:37 PM
Transaction
CC
Cameron Chiao6:37 PM
transaction
JM
Joseph Mukanda6:37 PM
transaction
JJ
Joshua Joshua6:37 PM
productivity
KP
kayla pham6:37 PM
productivty
EC
Emma de la Cruz6:37 PM
productivity
AT
Agata Tong6:37 PM
Productivity
YS
Yuvrinder Sidhu6:37 PM
Attention
JM
Joseph Mukanda6:40 PM
i see it like amazon web services (AWS) which is a transaction platform
BB
Ben Brentnall6:44 PM
Attention
LT
Lauren Townsend6:44 PM
attention
NS
Natalya Sanchez6:44 PM
attention
IH
Isabelle Hu6:44 PM
attention
TJ
Timothy Jue6:44 PM
Attention
CJ
Camila Joseph6:44 PM
Attention
AK
Abbi Kim6:44 PM
attention
EL
Eunice Jia Yi Lim6:44 PM
Attention
AG
Aaron Gomez6:44 PM
Attention
KP
kayla pham6:44 PM
Attention
MF
Marcus Fong6:44 PM
attention/transaction
NS
Nicole Shellito6:44 PM
Transaction too
TS
Teresa Sung6:44 PM
attention + transaction
KP
kayla pham6:44 PM
Can also be transaction
MR
Monica Isabel Reyes6:44 PM
attention
NS
Natalya Sanchez6:45 PM
productivity
MF
Marcus Fong6:45 PM
prod
AC
Annette Chan6:45 PM
productivity
KP
kayla pham6:45 PM
productivity
MR
Monica Isabel Reyes6:45 PM
productivity
LT
Lauren Townsend6:45 PM
productivity
KC
Katherine Carter6:45 PM
prod
JF
Justin Fan6:45 PM
productivity
JJ
Joshua Joshua6:45 PM
productivity
CC
Cameron Chiao6:45 PM
productivity
KS
Kavya Sharma6:45 PM
Productivity
BB
Ben Brentnall6:45 PM
prod
EL
Eunice Jia Yi Lim6:45 PM
productivity
AG
Aaron Gomez6:45 PM
Productivity
NS
Nikita Sharma6:45 PM
Productivity
AK
Abbi Kim6:45 PM
productivity!
MF
Marcus Fong6:45 PM
transaction
MR
Monica Isabel Reyes6:45 PM
transaction
JJ
Joshua Joshua6:45 PM
transaction
KC
Katherine Carter6:45 PM
no
KS
Kavya Sharma6:45 PM
transaction
AG
Aaron Gomez6:45 PM
Transaction
MC
Miguel Colin6:45 PM
transaction
KP
kayla pham6:45 PM
transaction
LT
Lauren Townsend6:45 PM
transaction
NS
Nikita Sharma6:45 PM
Transaction +attention?
👀‼️
6:45 PM
Items have to be trendy and appealing, so attention as well?
KC
Katherine Carter6:46 PM
yeah transaction and attention
ME
Marvin Jake Espino6:46 PM
Sorry my zoom crashed for a second
1 reply
JW
Jackie Wu6:46 PM
No prob!
❤️
MF
Marcus Fong6:46 PM
transaction
6:46 PM
twilio^
F
Fatemeh (Fah-duh-may)6:47 PM
gosh darnit, we didn't do Netflix, I was lurking in the chat waiting to say, "Netflix is DEFINITELY productivity 🤪"
😂 9
1 reply
NS
Nikita Sharma6:47 PM
HAHA
💗
KC
Katherine Carter6:49 PM
productivity
YS
Yuvrinder Sidhu6:49 PM
transaction
AG
Aaron Gomez6:49 PM
Productivity
MF
Marcus Fong6:49 PM
transaction and attention
MR
Monica Isabel Reyes6:49 PM
attention
AK
Abbi Kim6:49 PM
attention
CJ
Camila Joseph6:49 PM
Attention
TD
Tite Divava6:49 PM
transaction
ME
Marvin Jake Espino6:49 PM
Attention
TD
Tite Divava6:50 PM
usage being a key part makes it even more transactional
MF
Marcus Fong6:51 PM
id say attention as well from a psychological aspect (what can we do to make sure you hear “AI” and think “Chatgpt”
KC
Katherine Carter6:53 PM
it broke intentionally so it keeps your attention on the platform.... 👀
😂 14😆👍
6:55 PM
thank you!!
AC
Amelia (lily) Chase6:55 PM
Thank you!
NS
Nikita Sharma6:56 PM
Thank you so much!!!
LS
Lucy Sun6:56 PM
thank you so much Ray!!
MR
Monica Isabel Reyes6:56 PM
Thank you!!
CJ
Camila Joseph6:56 PM
Thank you so much!!
CG
Camryn Gardner6:56 PM
Thank you Ray!
TS
Teresa Sung6:56 PM
thank you ray!!!!
AK
Abbi Kim6:56 PM
thank you!!!
TJ
Timothy Jue6:56 PM
Thank you!
KP
kayla pham6:56 PM
Thank you for your insight!!
ME
Marvin Jake Espino6:56 PM
Thank you so much for your time Ray! 🙂
BB
Ben Brentnall6:56 PM
Thank you Ray!
JM
Joseph Mukanda6:56 PM
Thank you for making time for us !!
KC
Kingsten Cambra6:56 PM
Thank you!
HN
Hanah Nguyen6:56 PM
Mango
MF
Marcus Fong6:57 PM
meta apple nvidia google (alphabet) and openai for anyone interested