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:
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
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.
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
How many of you look at CRYPTO as a tech vs as a financial instrument?
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Havish Gupta
Figuring Out • 11m
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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
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
The "her" moment arrived as yesterday openai introduced humanity to GPT-4o...
Feeling so excited what future would looks like with this bio x Synth life...
Netflix CEO Ted Sarandos donated $7 million to Kamala Harris's presidential campaign.
🚀 On X, users quickly began canceling their Netflix subscriptions, leaving behind a signature: "Trump 2024." ✨
😂 that's why entrepreneur should never support an