Back

Can anybody tell me how to disturb an exist in business model in tech ? Also share some examples of startups or any business who did that.

Havish Gupta

Figuring Out • 1y

Netflix and Blockbuster At start blockbuster use to sell dvds of movies. Though blockbuster use to charge huge late return fees (late fees contributed to 10% of revenue). So Netflix removed the late payment fees and introduced CDs. Thus people started to shift to netflix. Note: the above victory was not easy and Netflix had to come up with new plans and stretegies daily to defeat a giant.

0 replies

More like this

Recommendations from Medial

Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 1m

Netflix didn’t just beat Blockbuster—they exploited its biggest weakness. In 2000, Blockbuster made $800M from late fees. Customers hated them. Netflix saw an opportunity. Instead of charging per rental, they launched a $19.99/month unlimited plan.

See More
2 replies21 likes
2
Image Description
Image Description

Inactive

AprameyaAI • 8m

How Netflix started ? The $2 Billion Mistake: Blockbuster's Netflix Blunder How does a single decision reshape an entire industry? In 2000, Netflix offered to sell to Blockbuster for $50 million. Blockbuster laughed it off. Fast forward: 2002:

See More
4 replies19 likes
8
Image Description
Image Description

Havish Gupta

Figuring Out • 8m

How Blockbuster's One Offer Almost Killed Netflix! So Blockbuster was founded in 1985 as a movie DVD rental company. They had huge stores, stocks of all movies, and movie reviews from their employees. It was good place to shop at but the pain point

See More
4 replies6 likes
Image Description
Image Description

Shiv Bharankar

 • 

Medial • 2m

Netflix📰 lt’s 2000, and Netflix co-founders Reed Hastings and Marc Randolph offer to sell their fledgling DVD rental business to Blockbuster for $50 million. Blockbuster laughs them out of the room. Fast forward to 2025, Netflix boasts over 238 mil

See More
14 replies11 likes
2
Image Description
Image Description

Vishu Bheda

 • 

Medial • 2m

In 2001, Netflix begged Blockbuster to buy them for $50 million. But Blockbuster laughed at them. Today, Netflix is worth over $350 billion—and no one remembers Blockbuster. Here’s how that rejection ignited one of the greatest business comebacks

See More
13 replies22 likes
10
Image Description
Image Description

Vikas Acharya

 • 

Medial • 4m

NETFLIX : FROM DVDS TO STREAMING EMPIRE !! Founded in 1997 by Reed Hastings and Marc Randolph, Netflix began as a DVD rental service. When Hastings envisioned streaming content online, the company transitioned in 2007, betting on the future of on

See More
5 replies11 likes
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 4m

Neeraj Goyat claims a global victory, showcasing his talent to the world in a live Netflix broadcast. Zomato, once again, plays its marketing cards perfectly by sponsoring him.

3 replies19 likes
Image Description

Havish Gupta

Figuring Out • 11m

Vote for the next series! 1) Analysis of top Y combinater funded startups (even international) 2) How X company beated their competition. For eg: Netflix and Blockbuster 3) Top bootstrapped Startups. Like Zoho, Zerodha 4) Best buisness stretegy

See More
4 replies7 likes
1
Image Description
Image Description

Adithya Pappala

Launching India's Fi... • 4m

#9TDAYVC-DAY-12 📌What is Management Fees? 📌What is a Expense for VC? 🎯Management Fees- Management Fees & Expenses contributed to the fund as per investment agreement between fund & Investment Manager.No SEBI Regulations in this Matter. It

See More
3 replies7 likes
Image Description
Image Description

Aryan Pandey

Founder: Nodes Tech • 21d

To be an entrepreneur, you need a “fuck it, let’s just try and see what happens” mentality. And trust me, that’s how half the businesses we love today started. • Airbnb: “What if we just put an air mattress in our living room and charge strangers t

See More
4 replies12 likes
2

Download the medial app to read full posts, comements and news.