15 years later, $1,000 Netflix investment worth $140,000

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Wednesday, May 24, 2017
Netflix turns 15
As it turns 15, Netflix's success has translated into big dollars.

Streaming giant Netflix is marking a big milestone: the company went public 15 years ago -- and oh, how things have changed!

In 2002, Netflix mailed DVDs to customers in its trademark red envelopes. Blockbuster was the company's main challenger in the movie rental business -- but today, Blockbuster is history and Netflix is raking in awards for its original programming.

And the company's success has translated into big bucks. A $1,000 investment 15 years ago is now worth $140,000.

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