Quote

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

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.
Secret
Individual
Latte
Lattes
Adapts
Site
Smile
Taste

More quotes by Reed Hastings

Image
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.
Reed Hastings
Image
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.
Reed Hastings
Image
Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
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 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.
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
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.
Reed Hastings
Image
Our brand at Netflix is really focused on movies and TV shows.
Reed Hastings
Image
Be big, fast and flexible.
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
Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
Reed Hastings
Image
Companies rarely die from moving too fast, and they frequently die from moving too slowly.
Reed Hastings
Image
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.
Reed Hastings
Image
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
Image
I don't know of any Internet service that opens on a regional basis.
Reed Hastings
Image
I watch mostly independent films.
Reed Hastings
Image
Do not tolerate brilliant jerks. The cost to teamwork is too high.
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
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
Something will eventually replace the Internet. But it's hard to know what and when it will happen.
Reed Hastings