I'm on the Facebook board now. Little did they know that I thought Facebook was really stupid when I first heard about it back in 2005. Reed Hastings backboardfacebook Change image and share on social
I founded Netflix. I've built it steadily over 12 years now, first with DVD becoming profitable in 2002, a head-to-head ferocious battle with Blockbuster and evolving the company toward streaming. Reed Hastings battleblockbusterbuild Change image and share on social
If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste. Reed Hastings adaptindividuallatte Change image and share on social
We have a very wide range of content, but the brand-newest movies, what's happening with those is a $30 pay-per-view option - not from Netflix but from DirecTV and others - of movies that are in the theater. Reed Hastings brandcontentdirectv share on social
I've worked very hard, but my life's always been fun. Reed Hastings funhardhave Change image and share on social
I think there will be 20 years of evolution from linear broadcast to internet television. Reed Hastings broadcastevolutioninternet Change image and share on social
Most companies that are great at something - like AOL dialup or Borders bookstores - do not become great at new things people want (streaming for us) because they are afraid to hurt their initial business. Reed Hastings afraidaolbookstore share on social
But as an entrepreneur you have to feel like you can jump out of an aeroplane because you're confident that you'll catch a bird flying by. It's an act of stupidity, and most entrepreneurs go splat because the bird doesn't come by, but a few times it does. Reed Hastings actaeroplanebird share on social
When we think about online learning, it's such 'early days.' Bill Gates is a wildly smart insightful guy. Yet, even a guy as smart and insightful as that, 30 years ago can say things like, 'Who's every going to need more than 640K of memory?' Reed Hastings 640kagobill share on social
So much of the downstream revenue is linked to that initial excitement, to how much revenue is produced in the domestic box office. For example, what we pay for a film three years later is highly correlated to how well it did in the box office. Reed Hastings boxcorrelatedomestic share on social