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Something will eventually replace the Internet. But it's hard to know what and when it will happen.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Happens
Hard
Something
Replace
Eventually
Internet
Happen

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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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Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
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In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
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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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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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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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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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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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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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I hate the photo shoots. I hate all that stuff.
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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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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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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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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
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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.
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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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Taking smart risks can be very gratifying.
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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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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.
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Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
Reed Hastings