Using this framework, explain how did Netflix fund its venture for its growth and development. Note that the type of funding will vary depending on which stage of entrepreneurship it is (for example fff funding in the early stage, and IPO in the mature stage). Clearly state the source of finance (how Netflix funded itself) and the use of finance (how did the fund used for).

(400 words expected)

Firm Size/Maturity Very small firms with no track record Small medium company/family business Mid size company Large firms/public company Distress/bankruptcy Less costs Self-funding Working capital optimization Bootstrapping H* Goodwill and in-kind financing Shareholder recapitalization Leasing Trade credit/factoring Debt H Commercial loans/overdraft Debt for equity swap Debenture/bonds Crowdfunding equity/debt/in-kind + Mezzanine Convertible loan More costs Equity Hybrid Angel/Venture Capital Growth Capital H+ Private Equity H4 IPO Turnaround A