Quote

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

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.
Jobs
Impact
Bill
Others
Shadow
Attractive
Steve
Need
Positive
Total
Prices
Needs
Grow
Defined
Offering
Trying
Achieve
Bills
Gates
Make
Grows
Global
Scale
Success
Lows
Scales
Bigs
Market
Transformation

More quotes by 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
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
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
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
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
I think there will be 20 years of evolution from linear broadcast to internet television.
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
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
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
On the Internet you get continuous innovation, so every year the streams are a little better.
Reed Hastings
Image
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
Image
The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
Reed Hastings
Image
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
Image
In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
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
Interactivity and a better experience aren't always the same thing.
Reed Hastings
Image
Our brand at Netflix is really focused on movies and TV shows.
Reed Hastings
Image
I don't know of any Internet service that opens on a regional basis.
Reed Hastings
Image
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
Image
Do not tolerate brilliant jerks. The cost to teamwork is too high.
Reed Hastings