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LOW bar alert! https://t.co/pzmTqxEheY
— Rich Greenfield, LightShed (@RichLightShed) June 18, 2021
Alexa, what is the lowest bar https://t.co/7zjwidJo1x
— Casey Newton (@CaseyNewton) June 18, 2021
Another lesson in the importance of owning the rails. https://t.co/nCXbZ1EmzP
— Emil Protalinski (@EPro) June 18, 2021
Quibi went 90, but the shows it bought are standing on their own. https://t.co/4PBgUZgWN6
— Dieter Bohn (@backlon) June 18, 2021
Roku Originals Draw More Viewing In 2 Weeks Than Quibi Did In Its Lifetime https://t.co/Fgz3PsyomK
— Deadline Hollywood (@DEADLINE) June 18, 2021
Roku Touts Massive Viewing of Quibi Shows, but Doesn’t Provide Specific Numbers Long $ROKU @OphirGottlieb https://t.co/CtLDe6OK4Z via @variety
— Optionology (@optionology) June 18, 2021
Roku says in first 2 weeks of launching Quibi content, more active accounts streamed a Quibi show on Roku Channel than the number of Quibi accounts that streamed the content on Quibi over the eight months of the app's brief lifetime -- not a high bar, tho https://t.co/T0Qy4K46hR
— Todd Spangler (@xpangler) June 18, 2021
$ROKU
— Dhaval Kotecha (@dhaval_kotecha) June 18, 2021
Roku Originals getting some traction herehttps://t.co/2DIiBhcIHp pic.twitter.com/4hQdxD9vVt
$ROKU In the two weeks following launch of Roku Originals, May 20 to June 3, a record number of unique accounts streamed The Roku Channel. Furthermore, the top ten most watched programs on The Roku Channel were all Roku Originals in this two-week period.?https://t.co/wvXZwTdB8k
— Caleb (@caleb_investTML) June 18, 2021
$ROKU claims 'significant growth' from shows acquired from Quibi https://t.co/v1onsBZxLd
— Kaushik (@skaushi) June 18, 2021
Roku claims 'significant growth' from shows it acquired from Quibi https://t.co/yVeOmQqXA6 pic.twitter.com/zkgYxDlMZJ
— New York Post (@nypost) June 18, 2021
Roku is worth more than $48 billion as of today. You’re forgiven if you don’t fully understand their business model. Hope this helps: https://t.co/yq22SBsqKV
— Alex Sherman (@sherman4949) June 18, 2021
The origin story of Roku is insane.
— Pomp ? (@APompliano) June 19, 2021
- Netflix hired CEO part-time
- They built hardware together
- Netflix spun out tech to Roku
- Netflix made only $1.7 million
- Roku now worth ~ $50 billion
Ultimate story of entrepreneurs being entrepreneurs. https://t.co/7wJQXo4mza
“When Netflix sold its stock in 2009, it claimed a $1.7 million gain on a $6 million investment.
— Patrick Keane (@phkeane) June 19, 2021
If Netflix had held, its stake would be worth nearly $7 billion today.” https://t.co/0BV21kDBv2
Roku has taken a 33% to 39% market share every year since 2015. In the first quarter of 2021, Amazon Fire TV tied Roku for No. 1 at 36%. https://t.co/IoLumIji4c pic.twitter.com/le2jWChnzk
— CNBC (@CNBC) June 18, 2021
Some weekend reading: How Roku has — and may still be — using Netflix’s playbook to grow itself into a dominant streaming video company. Three parts to this: the main feature, a sidebar on Roku’s idiosyncratic culture, and a Q&A with CEO/founder/billionaire Anthony Wood https://t.co/yq22SBsqKV
— Alex Sherman (@sherman4949) June 19, 2021
I've been working on this for a little while, hope you read all three pieces: First, a deep dive on Roku, who stole a strand of its corporate DNA from Netflix -- and why Reed Hastings thought Roku would probably fail (like almost everyone else).https://t.co/Jq4iWEfl2G
— Alex Sherman (@sherman4949) June 18, 2021
I, too, thought Roku would probably fail based primarily on my tried and true investment heuristic of "The name 'Roku' does not sound like a successful company" https://t.co/zLKLk4cx9h
— raj (@internetraj) June 19, 2021
How Roku used the Netflix playbook to beat bigger players and rule streaming video https://t.co/HTST6HDeyH
— CNBC (@CNBC) June 18, 2021
Roku has a strange history. It was around for 5 years before it got the Netflix box. And then it spent the next 10 years convincing the world it had the right business model. Now, it wants to become a content company too. Lots of unreported details here: https://t.co/Jq4iWEfl2G
— Alex Sherman (@sherman4949) June 18, 2021
The origin story of Roku is insane.
— Pomp ? (@APompliano) June 19, 2021
- Netflix hired CEO part-time
- They built hardware together
- Netflix spun out tech to Roku
- Netflix made only $1.7 million
- Roku now worth ~ $50 billion
Ultimate story of entrepreneurs being entrepreneurs. https://t.co/7wJQXo4mza
What did Netflix founder Reed Hastings think of Roku’s prospects when Netflix decided to spin in out in 2008? Hastings told me he thought it would probably fail. So did almost everyone else. https://t.co/Jq4iWEfl2G
— Alex Sherman (@sherman4949) June 18, 2021
Roku has taken a 33% to 39% market share every year since 2015. In the first quarter of 2021, Amazon Fire TV tied Roku for No. 1 at 36%. https://t.co/IoLumIji4c pic.twitter.com/le2jWChnzk
— CNBC (@CNBC) June 18, 2021
Roku is pushing more and more into content. But can it compete with giants like Netflix and Disney? Early Roku investor Daniel Leff weighs in. https://t.co/bfyEL2DrLK pic.twitter.com/o1FQ89z6fg
— CNBC (@CNBC) June 18, 2021
Roku built a powerful business & proving doubters wrong (incl. Netflix's Reed Hastings). @CNBC's @sherman4949 tells the @Roku story fm startup to tech leader, and asks our @shawnvc (one of the long-term partners & early backers)why he bet on their vision https://t.co/jKNQENjA3m
— Menlo Ventures (@MenloVentures) June 18, 2021
Owning a successful platform and charging zero dollars will do that.
— Dave Zatz (@davezatz) June 18, 2021
“Roku Originals Draw More Viewing In 2 Weeks Than Quibi Did In Its Lifetime” https://t.co/186qAp8qcq
Which streaming device do you use? https://t.co/IoLumIji4c
— CNBC (@CNBC) June 18, 2021
How Roku used the Netflix playbook to beat bigger players and rule streaming video https://t.co/6IO0yqZ8jB
— CNBC (@CNBC) June 20, 2021