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Shiv Bharankar

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Medial • 10h

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 million subscribers worldwide and a market value exceeding $150 billion, while Blockbuster is a nostalgic memory. Netflix didn’t just adapt—it revolutionized. The real magic? Using data to understand you. Their algorithm knows your guilty pleasure rom-coms or late-night thriller binges. Fun fact: Netflix saves around $1 billion annually by reducing cancellations through personalized recommendations. But the game-changer was original content. In 2013, House of Cards set the tone for Netflix Originals, and today, with 17,000+ titles, it’s the world’s largest streaming library. The lesson? Don’t fear reinvention. Netflix’s journey from mailing DVDs to streaming dominance proves that with bold decisions, even rejection can lead to revolution.

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