Quote

Comparing Apple to Netflix is like comparing apples to oranges, especially if the oranges made so many mistakes that people stopped eating oranges and just went back to Blockbuster.

Reed Hastings

Change background

T
T
T

Change font

TAGS & TOPICS

Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Mistake
Orange
Went
Apple
Back
Apples
Many
Stopped
Made
Compare
Like
Mistakes
Oranges
People
Eating
Blockbuster
Especially
Comparing

More quotes by Reed Hastings

Image
Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings
Image
I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
Reed Hastings
Image
In fact, technology has been the story of human progress from as long back as we know. In 100 years people will look back on now and say, 'That was the Internet Age.' And computers will be seen as a mere ingredient to the Internet Age.
Reed Hastings
Image
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
Image
Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
Reed Hastings
Image
I think there will be 20 years of evolution from linear broadcast to internet television.
Reed Hastings
Image
On the Internet you get continuous innovation, so every year the streams are a little better.
Reed Hastings
Image
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
Image
Our brand at Netflix is really focused on movies and TV shows.
Reed Hastings
Image
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
Image
Be big, fast and flexible.
Reed Hastings
Image
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.
Reed Hastings
Image
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
Image
The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.
Reed Hastings
Image
I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
Reed Hastings
Image
Something will eventually replace the Internet. But it's hard to know what and when it will happen.
Reed Hastings
Image
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.
Reed Hastings
Image
The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
Reed Hastings
Image
Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
Reed Hastings
Image
Companies rarely die from moving too fast, and they frequently die from moving too slowly.
Reed Hastings