What big companies do you think will not be around in the next 5 years?

StupidLikeAFox · 28-03-2022 1:00am

https://www.boards.ie/discussion/comment/118837432#Comment_118837432

I think you are off about Facebook and saleforce. Remember, Google is just an advertising company too - I think 90% of the revenue is from ad sales. Facebook is massive still, even if it doesn't really know what it is, a lot of people are still using it. Don't forget Instagram either under the same umbrella.

Sales force is a core part of many large businesses, like sap or oracle they are embedded in the companies core processes. That isn't going to go away overnight unless there is a major **** up, its not simple for a company to just rip out one of their major systems and migrate to a new one

Amadan Dubh · 20-04-2022 5:27pm

https://www.boards.ie/discussion/comment/118837432#Comment_118837432

Id just like to come back to this given what has happened with Netflix this week. For me, this is just the beginning for Netflix; buckle up!

20-04-2022 5:53pm

I look forward to Elon Musk going to jail. He’s a wretched sociopath who seems to have a following of weirdo online nerds who defend everything he does. Also the cars are very badly made and have terrible styling.

Atlantic Dawn · 20-04-2022 6:01pm

https://www.boards.ie/discussion/comment/118952645#Comment_118952645

Netflix is actually still going steady, the 200k loss of subscribers is taking in to account 700k subscribers lost in Russia and over a million gained in Asia. If Russian situation didn't happen they would be up 500k users.

Amadan Dubh · 20-04-2022 6:04pm

https://www.boards.ie/discussion/comment/118952757#Comment_118952757

I have always maintained that the following he has gotten himself comes from a group of nerds who think he is like Tony Stark as his popularity grew in line with all those movies with Iron Man, as well as with the anti-establishment types who think he is some sort of woke antidote. The net effect is that the actual companies associated with him are likely disconnected from their fundamental valuations and achieved a lot of their value from being associated with Musk instead.

20-04-2022 6:15pm

https://www.boards.ie/discussion/comment/118812393#Comment_118812393

🤣🤣🤣

Amadan Dubh · 21-04-2022 11:03am

https://www.boards.ie/discussion/comment/118952788#Comment_118952788

They are now reducing the ability to share accounts and introducing ads into the service. It's all to do with the quality of their content; it is absolutely dire. I love the app and when there are shows and films worth watching it is a great experience, I would say far better than Sky Go, Amazon, RTE Player etc. Dare I say it but "Get woke, go broke" seems to apply to Netflix; with the big warning sign for me being that ridiculous deal with the Obamas a few years to produce shows on issues to do with race and democracy, by way of examples. I can't see them making any sort of decent return on that $65m, as much as I like the Obamas and what they do, the charity and activist work etc.

silliussoddius · 21-04-2022 4:22pm

Isn’t a future growth a big problem for Netflix? At some point new users will level out, and they have fixed revenue yet need produce new content etc.

Capt'n Midnight · 21-04-2022 9:12pm

https://www.boards.ie/discussion/comment/118952757#Comment_118952757

It's a $20,000 car with a $30,000 battery. Bought out the original inventors too.

On the other hand space travel is getting cheaper so the species should be in a better position to survive the next big meteorite , so there's that.

sam t smith · 21-04-2022 9:15pm

https://www.boards.ie/discussion/comment/118952788#Comment_118952788

Netflix themselves have said they expect to lose a net 2 million customers in this quarter.

Pawwed Rig · 22-04-2022 10:36am

With the price rises and lack of new content I am questioning my own netflix subscription which I have had for years now. The interface is far superior to amazon and disney though. That said disney's big offering this year seems to be the kardasians so I might cancel that aswell

22-04-2022 12:32pm

Suspect a few companies that rely on cheap imports will be gone, especially if grain prices keep increasing with a prolonged war. Think cuisine de france or companies that make frozen pizza in industrial estates

Amadan Dubh · 22-04-2022 1:03pm

In addition to streaming from, let's say, non-mainstream sources, I have started buying blu ray boxsets for my favourite, rewatched shows and movies as you can't trust streaming platforms anymore. For older shows you won't ever lose much ground on the quality of the content if you buy it in Blu ray format. I'd be curious to know how to download content though.

Some are tough to get so I'm considering buying those ones on DVD.

The price is brilliant for DVDs, they're practically free to buy second hand these days.

Amadan Dubh · 09-05-2022 11:58pm

https://www.boards.ie/discussion/comment/118844971#Comment_118844971

Just on Salesforce, it's down another 16% in the past month, taking its total decline to 45% in the last 6 months. To put a 45% decline in context; in order to regain that ground it would need to grow 80-90% from its current price - no chance.

Again, as with Netflix which is now in cost cutting freefall, I think there is road still to run in this Salesforce drop. My point still stands that I failed to see how it could justify the valuation it was given.

For Forks Sake · 10-05-2022 7:38pm

Peleton will either be gone, or bought up very cheap by the end of this year I'd say.

Who'd have thought that an over priced stationary bike with an iPad glued to it was a sustainable business post-pandemic 🙄

https://www.cnbc.com/2022/05/10/peloton-pton-fiscal-q3-2021-earnings.html

StupidLikeAFox · 10-05-2022 11:29pm

https://www.boards.ie/discussion/comment/119039135#Comment_119039135

So what? The topic is what companies will be around in 5 years, not what shares will perform well for 5 years

whisky_galore · 11-05-2022 10:10am

https://www.boards.ie/discussion/comment/118960459#Comment_118960459

Doubt that, all products including C De F crappy frozen bread will increase in price and the consumer will just have to suck it up.

Or they might pull a Cadbury's and make the products smaller and keep the price point.

If anything goes to the wall it will be the 'artisan' crowd as people count their pennies.

fatbhoy · 11-05-2022 10:39am

EA Sports maybe? They're planning radical changes to their very successful football simulation game. I suspect its success over the years is the main reason that they stayed afloat in the market all that time.

They seem to be moving away from the actual interactive football game, and going towards allowing users create their own content and watching other's content, as well as keeping the interactive game (but presumably not investing in improving it). A big factor is the renegotiation of the FIFA licence: EA had a relatively cheap 9-year deal that expires next year (or maybe this year); FIFA have increased the price significantly of future deals.

They're also going to increase the amount of revenue from in-app purchases like DLC which is not a nice thing.

Amadan Dubh · 11-05-2022 3:01pm

https://www.boards.ie/discussion/comment/119044063#Comment_119044063

Like I said, it's not clear what they do and they are, in my opinion, trying to chew more than they can handle. Their share price crashing is good for my argument that they won't be around in 5 years. Another "get woke, go broke" candidate hopefully, they won't be missed!

silliussoddius · 11-05-2022 3:36pm

Jaysus, go woke go broke.

porkmaster · 11-05-2022 4:06pm

Google

quokula · 11-05-2022 4:07pm

https://www.boards.ie/discussion/comment/118957133#Comment_118957133

There's a difference between not maintaining perpetual growth and going out of business. Fixed revenue doesn't mean no revenue - it will still cover the costs of producing new content.