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.
Apples
Back
Stopped
Many
Compare
Made
Mistakes
Oranges
Like
Eating
Blockbuster
People
Especially
Comparing
Mistake
Orange
Apple
Went

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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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Taking smart risks can be very gratifying.
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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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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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Something will eventually replace the Internet. But it's hard to know what and when it will happen.
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Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
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On the Internet you get continuous innovation, so every year the streams are a little better.
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Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
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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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I don't know of any Internet service that opens on a regional basis.
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The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.
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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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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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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.
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It is clear that for many of our members two websites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs.
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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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Be big, fast and flexible.
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I think there will be 20 years of evolution from linear broadcast to internet television.
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