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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.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Show
Shows
Better
Wells
Well
Competitor
Work
Competitors
Every
Equally
Content

More quotes by Reed Hastings

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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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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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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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Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
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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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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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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
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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.
Reed Hastings
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Taking smart risks can be very gratifying.
Reed Hastings
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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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Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
Reed Hastings
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Our brand at Netflix is really focused on movies and TV shows.
Reed Hastings
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I watch mostly independent films.
Reed Hastings
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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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Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings
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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.
Reed Hastings
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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.
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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.
Reed Hastings