I was saying this 6 months ago on Twitter and was saying it here https://news.ycombinator.com/item?id=29787420
In hindsight stock performance was the biggest advantage they had over competitors, now they have to compete with companies with bigger catalogs and more cash flow (e.g. disney parks)
Netflix was not as aggressive as they needed to be in locking down must-see brands to 1) keep subscribers or 2) better negotiate with the content players.
No point getting into a Netflix original, it won't make it to s02
Admittedly this list includes shows that have ended in addition to those that were cancelled. Those will mostly have more than one season. Pinch of salt.
src: https://en.wikipedia.org/wiki/List_of_ended_Netflix_original...