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:
"Talent hits a target no one else can hit; Genius hits a target no one else can see." - Arthur Schopenhauer
0 replies4 likes
Vikas Acharya
•
Medial • 23d
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
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5 replies11 likes
Mayank Kumar
Stealth • 6m
Such a genius marketing strategy!
Now i know how to keep the pricing plan if i start something of my own!
People laughed at Reed Hastings.
Then he built Netflix.
People laughed at Brian Acton.
Then he built WhatsApp.
People laughed at Mark Zuckerberg.
Then he built Facebook.
People laugh because they're paralyzed in their own dull thinking patterns. Y