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
Anonymous 2
Hey I am on Medial • 5m
Netflix didn’t just adapt to the future...it created it
🔄 The Netflix Principle for AI:
Just as Netflix learned to predict what you'll watch...
Future AI will predict what you'll THINK before you think it.
Not mind reading.
Mind anticipation.
Save this thread. We'll reference it in 2025.
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
See More
0 replies14 likes
Shiv Bharankar
•
Medial • 4m
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
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.
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 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:
From Problems to Solutions: How Great Ideas Begin
Netflix started because people didn't want to go to the movies anymore.
Uber was created because many people found public transport hard to use.
Amazon made shopping easy for those who didn't wan
See More
3 replies5 likes
SHAIK MAHBOB
Entrepreneur • 4m
Stepping into T-Hub Hyderabad, I didn’t just see innovation—I felt it. A place where dreams are nurtured, ideas take flight, and the future is being crafted every day. Truly an inspiring experience!
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
Shubham
Digital Marketer • 2m
Hey, have you ever skipped going to a restaurant just because your budget didn’t allow it?