Back to feeds

Chamarti Sreekar

Stealth • 13h

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. No late fees. No return deadlines. No stress. They weren’t just selling movies—they were selling freedom. By 2010, Blockbuster was bankrupt, drowning in nearly $1B of debt. The lesson? The best business opportunities aren’t always about creating something new—but eliminating a pain point. Netflix didn’t disrupt just rentals. They disrupted stress.

1 replies15 likes
2
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Vishu Bheda

 • 

Medial • 1m

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

See More
13 replies21 likes
10
Image Description
Image Description

Inactive

Stealth • 6m

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:

See More
4 replies19 likes
8
Image Description
Image Description

Shiv Bharankar

 • 

Medial • 29d

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

See More
14 replies11 likes
2
Image Description
Image Description

Havish Gupta

Stealth • 6m

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

See More
4 replies6 likes
Image Description
Image Description

gray man

Stealth • 2m

Unacademy, once valued at $3.4B, now reportedly selling for just $800M. Byju's, once a $22B giant, now worth nothing. Was the entire ed-tech boom just hype?

6 replies4 likes
Image Description
Image Description

Sairaj Kadam

Stealth • 2m

The Billion-Dollar Secret No One Talks About: Timing Over Talent When Uber launched in 2009, it wasn’t the first ride-sharing app. Apps like Sidecar and Taxi Magic already existed. But they didn’t take off. When Instagram came out in 2010, it wasn’

See More
4 replies5 likes
Image Description

Rajan Paswan

Stealth • 8m

The Curious Case of Continue Watching! — Netflix In 2007, Netflix noticed a significant trend: many users were immediately clicking "Play" on the next episode of a show they were watching, even late at night. The Key Moment: This behavior wasn't ra

See More
1 replies10 likes
1

Kishan Kabra

 • 

Guava Trees Softech Pvt • 10m

For all those E-commerce folks. Let's discuss on this: Digibuddy is new venture their offering to sellers is exceptional, They are offering no commission/charges from sellers, choose your return or exchange policy on own, no gst required for selling,

See More
0 replies6 likes
Image Description
Image Description

Havish Gupta

Stealth • 9d

How Chime Became America’s Biggest Neobank! So Back in 2012, Chris Britt and Ryan King realized that people were living paycheck to paycheck while banks were making billions from overdraft fees, monthly charges, and intrests. Thus, they decided to

See More
7 replies9 likes
1
Anonymous
Image Description
Image Description

Just saw a reel, is the idea of creating no code websites and reaching to businesses through Google maps and selling *no code* websites to them really working ??? If yes, then why not businesses themselves would create no code website?? Why they woul

See More
8 replies10 likes
3

Download the medial app to read full posts, comements and news.