So what’s next? The company has already promised even more original shows in the years to come. And it looks like it’s found a way to pay for it too.
Related: Netflix has big plans to produce more original series
Netflix sold $1.5 billion in bonds Monday. The company originally planned to sell just $1 billion in debt but increased the size of the deal by the end of the day due to healthy demand.
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And Hastings has often pointed out that there are times when the stock is riding a wave of too much “euphoria.”
Netflix is a phenomenal company, but investors need to be careful. All it takes is one small misstep from Netflix and that stock will go from Wall Street darling to the financial equivalent of a buffering video on a bad Wi-Fi connection.
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