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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.
Reed Hastings
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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Many
Going
Streaming
Make
Members
Things
Clear
Would
Difficult
Keep
Place
Two
More quotes by Reed Hastings
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
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.
Reed Hastings
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
Be big, fast and flexible.
Reed Hastings
I don't know of any Internet service that opens on a regional basis.
Reed Hastings
Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
Reed Hastings
Taking smart risks can be very gratifying.
Reed Hastings
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
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
On the Internet you get continuous innovation, so every year the streams are a little better.
Reed Hastings
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
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
Something will eventually replace the Internet. But it's hard to know what and when it will happen.
Reed Hastings
Companies rarely die from moving too fast, and they frequently die from moving too slowly.
Reed Hastings
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
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
Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
Reed Hastings
I hate the photo shoots. I hate all that stuff.
Reed Hastings
I watch mostly independent films.
Reed Hastings
Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings