Netflix CEO Reed Hastings' Business Insider Interview (NFLX)

Business Insider posted an exclusive interview with Netflix CEO Reed Hastings on Monday. The interview covers a wide variety of topics relating to Netflix's NFLX meteoric rise and its uncertain future. Hastings spoke with Business Insider's Henry Blodget and Silicon Alley Insider's Dan Frommer about the potential size of Netflix's market opportunity, the company's emerging competition, and some of the key corporate culture aspects that have helped to propel the enterprise in the last decade. During Monday's trading session, NFLX is again on the rise, adding 0.57% to $243.48. The stock is closing in on its 52-week high of $247.55, and it is possible that this Hastings' interview could help propel the shares this week. From an investment perspective, Hastings told Business Insider that there are two core questions relating to the investment merits of the stock at current levels. He said, “Given our approach, how big will we get in the domestic market?” and second, “How successful will we be internationally?” Those are the two core investor questions. The topic of Hastings' public letter to hedge fund manager Whitney Tilson also came up in the conversation. Tilson had been very publicly shorting NFLX shares and conveyed his thesis for why the stock was overvalued on finance site Seeking Alpha. In response, Reed Hastings posted a compelling rebuttal and urged Tilson to immediately cover his short position. Subsequently, NFLX posted excellent quarterly earnings and Tilson did indeed cover his short position in the stock, but at much higher prices than when Hastings advised him to do so in his response letter.