what complications or challenges would Netflix face if it had to bootstrap itself from that point, without being able to raise outside funding?

Learning Goal: I’m working on a finance question and need an explanation and answer to help me learn.Need these 2 parts answered 1. At the time of the Netflix case in 2000, there was a chance that Netflix would have to cancel its planned IPO. Based on the information in the case (for example, Exhibit 1), what complications or challenges would Netflix face if it had to bootstrap itself from that point, without being able to raise outside funding? Specifically, what might that do to its growth rate and thus to its future prospects and long-term plans?2. Netflix is thinking of signing a studio deal where it would pay less up front for each disk but would have to pay a royalty each time the title was rented. Thus, rather than having primarily fixed costs for their library, they would be moving towards lower fixed costs and higher variable costs due to royalties. Given Netflix’s business model, what would this do to Netflix’s risk? How would a similar deal – moving from mainly fixed costs to more variable costs – affect Blockbuster (as it was at the time of the case)?
Requirements: na