Quote

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

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Throughout
Costa
Happenings
Rican
Happening
Paving
Internet
Prioritize
Become
Laying
Government
Fiber
Optic
Trying
Roads
Rica
World
Societies
Prioritizing

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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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Something will eventually replace the Internet. But it's hard to know what and when it will happen.
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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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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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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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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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I hate the photo shoots. I hate all that stuff.
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I think there will be 20 years of evolution from linear broadcast to internet television.
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The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
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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.
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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'm an HBO subscriber, and I watch a bunch of great shows on HBO.
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I watch mostly independent films.
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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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Interactivity and a better experience aren't always the same thing.
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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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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
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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.
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