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Reed Hastings Quotes & Sayings

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31 entries tagged including 1 subtopics.
Last updated Dec 2023

Reed Hastings Topics

QUOTES

Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they'll turn out to be right.

20 Likes

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I'm on the Facebook board now. Little did they know that I thought Facebook was really stupid when I first heard about it back in 2005.

1 Likes

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.

5 Likes

Fibre optic is becoming like electricity. If you look at how electricity spread around the globe 100 years ago, that's what's happening now.

0 Likes

It turns out that all Netflix streaming peak on Saturday night can fit inside a single fiber optic, which is the size of one human hair.

2 Likes

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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.

0 Likes

There is a revolution happening, and within two years I think that Wi-Fi and Netflix will be built into all the televisions.

2 Likes

Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.

2 Likes

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.

0 Likes

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.

1 Likes

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There's a finite market for DVD-by-mail, and the growth over the next 10 years will be in streaming.

0 Likes

In the States, there's ESPN3, and each country has different options, and other than premiere league football, there tends to be very little global content. And movie and TV rights are pretty broad content.

0 Likes

Our brand at Netflix is really focused on movies and TV shows.

0 Likes

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?'

2 Likes

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.

1 Likes

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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.

2 Likes

Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.

1 Likes

So much of the downstream revenue is linked to that initial excitement, to how much revenue is produced in the domestic box office. For example, what we pay for a film three years later is highly correlated to how well it did in the box office.

1 Likes

We have a very wide range of content, but the brand-newest movies, what's happening with those is a $30 pay-per-view option - not from Netflix but from DirecTV and others of movies that are in the theater.

0 Likes

On the Internet you get continuous innovation, so every year the streams are a little better.

0 Likes

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