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
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Anonymous 3
Hey I am on Medial • 4m
Blockbuster could have crushed Netflix early on, but corporate egos and lack of vision destroyed them.
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
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0 replies14 likes
Vishu Bheda
•
Medial • 4m
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.
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
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
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4 replies6 likes
Havish Gupta
Inactive for a week ... • 1y
Vote for the next series!
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
The Missed Billion-Dollar Mistake No One Talks About 🔥
In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room.
Fast forward — Netflix becomes a $200+ billion behemoth. Blockbuster? A dusty
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5 replies26 likes
Jaswanth Jegan
Founder-Hexpertify.c... • 12m
"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
Excess Edge Experts Consulting highlights common pitfalls early-stage ventures face when seeking investment. Many founders delay addressing key issues, hoping to resolve them post-funding—often to their detriment.
We frequently see:
• Vague Vision: