- Insider's Take
In 1997, Reed Hastings and Marc Randolph batted around start-up ideas on their commute to Silicon Valley. Randolph kept pitching, despite constantly hearing objections like “that will never work.” He hit on renting movie DVDs by mail. Despite naysayers, Netflix launched in 1998. Randolph, its first CEO, tells the entertaining story of its success, from ideas he and Hastings sketched on dinner napkins to 2002’s $80 million dollar IPO. He writes with the “radical honesty” that is the mainstay of Netflix culture. You’ll learn a lot – although Randolph left Netflix in 2003, so Hastings will have to write the sequel.
About the Author
Netflix co-founder Marc Randolph invests in start-ups and mentors entrepreneurs.