It's a pleasure to read another one of your posts, greetings. I think I understand the idea. The WACC, so to speak, is like a measuring stick.

If your business performs better than the WACC, you're on the right track. If it performs worse, the business isn't profitable even if you see money in the till. It's interesting to understand this; I've always wanted to have a business, and I'm learning many definitions that I'm sure will be useful to me in the future.

Can a WACC be calculated for Netflix? I'm curious to know.