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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

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

Netflix founder Reed Hastings on how to fire someone Netflix uses the “keeper test” to build strong teams. If a manager wouldn’t fight to keep an employee who is leaving, the company gives them a generous severance package and finds someone better

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

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

Netflix's $50 Billion Pivot That Blockbuster didn’t see coming In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room. At the time, Netflix was just mailing DVDs. Streaming wasn’t even a thi

"Netflix lost almost a Million Subscribers" Bankruptcy to Billions #7 Netflix turnaround from significant crisis In 2011 Netflix announced a change in its pricing and subscription plans. Initially customers could subscribe both DVD rentals and str

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"𝗡𝗲𝘁𝗳𝗹𝗶𝘅’𝘀 $𝟰𝟬𝗠 𝗕𝗲𝘁 𝗧𝗵𝗮𝘁 𝗖𝗵𝗮𝗻𝗴𝗲𝗱 𝗘𝗻𝘁𝗲𝗿𝘁𝗮𝗶𝗻𝗺𝗲𝗻𝘁 𝗙𝗼𝗿𝗲𝘃𝗲𝗿" 𝗜𝗻 𝟮𝟬𝟭𝟭, 𝗡𝗲𝘁𝗳𝗹𝗶𝘅 𝗺𝗮𝗱𝗲 𝗮 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝘁𝗵𝗮𝘁 𝗮𝗹𝗺𝗼𝘀𝘁 𝗱𝗲𝘀𝘁𝗿𝗼𝘆𝗲𝗱 𝘁𝗵𝗲𝗺. They 𝘀𝗽𝗹𝗶𝘁 𝘁𝗵𝗲𝗶𝗿 𝗗𝗩𝗗 𝗿