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

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

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Interactivity and a better experience aren't always the same thing.
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Something will eventually replace the Internet. But it's hard to know what and when it will happen.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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I got the idea for Netflix after my company was acquired. I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault.
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Truly brilliant marketing happens when you take something most people think of as a weakness and reposition it so people think of it as a strength.
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I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
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Not every show has to work equally well. It just has to work better than any competitor because then we can outbid for the content.
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The Costa Rican government is prioritizing laying fiber optic over paving roads. Costa Rica is trying to become one of the Internet societies. This is happening throughout the world.
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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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I hate the photo shoots. I hate all that stuff.
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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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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.
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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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I think there will be 20 years of evolution from linear broadcast to internet television.
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Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
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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?'
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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.
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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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Our brand at Netflix is really focused on movies and TV shows.
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