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When there's an ache, you want to be like aspirin, not vitamins. Aspirin solves a very particular problem someone has, whereas vitamins are a general nice to have market.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Like
Whereas
Solve
Market
General
Particular
Solves
Nice
Aspirin
Someone
Vitamins
Problem
Ache

More quotes by Reed Hastings

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Interactivity and a better experience aren't always the same thing.
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About half my work in education is U.S. political reform around school districts and charter schools, and creating more room for entrepreneurial organizations to develop. And about half on technology, which I look at as a global platform.
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When you grow up, as I have, in the shadow of Steve Jobs, Bill Gates and others, success is defined as the total global transformation of a market. To achieve that, you need low prices and an attractive offering. It's about trying to make a positive impact on a big scale.
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I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
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Our brand at Netflix is really focused on movies and TV shows.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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On the Internet you get continuous innovation, so every year the streams are a little better.
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If you look at cable networks, they almost always start licensing content wherever they can, so they can build a subscriber base. But then they start doing their own content it's a pretty well-trodden path.
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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
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Tomorrow when you come to work, if it doesn't make the customer happy, move the business forward, and save us money - don't do it.
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Human entertainment will have moved on to something new. Then the ultimate challenge for us is, can we figure out what that new form of entertainment is?
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I don't know of any Internet service that opens on a regional basis.
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I watch mostly independent films.
Reed Hastings
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I hate the photo shoots. I hate all that stuff.
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Taking smart risks can be very gratifying.
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If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
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I think there will be 20 years of evolution from linear broadcast to internet television.
Reed Hastings
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In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
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Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings