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Reed Hastings

ft

Quotes
27

When we think about online learning, it's such 'early days.' Bill Gates is a wildly smart insightful guy. Yet, even a guy as smart and insightful as that, 30 years ago can say things like, 'Who's every going to need more than 640K of memory?'
Reed Hastings
How much has it been your experience that Americans follow what happens in the world?
Reed Hastings
Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they'll turn out to be right.
Reed Hastings
I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
Reed Hastings
In the U.S., HBO is a very aggressive service.
Reed Hastings
In 20 years from now we will all be able to click and watch TV.
Reed Hastings
Well, we're about 24 million subscribers today, and that's up from about 15 million a year ago, so it's a very high rate of growth, and that's what's exciting about the business - more and more people are getting smart TVs, they're watching Netflix on their iPads.
Reed Hastings
In fact, technology has been the story of human progress from as long back as we know. In 100 years people will look back on now and say, 'That was the Internet Age.' And computers will be seen as a mere ingredient to the Internet Age.
Reed Hastings
I think there will be 20 years of evolution from linear broadcast to internet television.
Reed Hastings
On the Internet you get continuous innovation, so every year the streams are a little better.
Reed Hastings
I've worked very hard, but my life's always been fun.
Reed Hastings
Most companies that are great at something - like AOL dialup or Borders bookstores - do not become great at new things people want (streaming for us) because they are afraid to hurt their initial business.
Reed Hastings
We are seeing the beginning of things. Web 2.0 is broadband. Web 3.0 is 10 gigabits a second.
Reed Hastings
There is a revolution happening, and within two years I think that Wi-Fi and Netflix will be built into all the televisions.
Reed Hastings
So much of the downstream revenue is linked to that initial excitement, to how much revenue is produced in the domestic box office. For example, what we pay for a film three years later is highly correlated to how well it did in the box office.
Reed Hastings
Broadcast TV is like the landline of 20 years ago.
Reed Hastings
I watch mostly independent films.
Reed Hastings
If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
Reed Hastings
I don't know of any Internet service that opens on a regional basis.
Reed Hastings
The Costa Rican government is prioritizing laying fiber optic over paving roads. Costa Rica is trying to become one of the Internet societies. This is happening throughout the world.
Reed Hastings
The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
Reed Hastings
In hindsight, I slid into arrogance based upon past success.
Reed Hastings
I hate the photo shoots. I hate all that stuff.
Reed Hastings
I founded Netflix. I've built it steadily over 12 years now, first with DVD becoming profitable in 2002, a head-to-head ferocious battle with Blockbuster and evolving the company toward streaming.
Reed Hastings
Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
Reed Hastings
At Netflix, we think you have to build a sense of responsibility where people care about the enterprise. Hard work, like long hours at the office, doesn't matter as much to us. We care about great work.
Reed Hastings
We have a very wide range of content, but the brand-newest movies, what's happening with those is a $30 pay-per-view option - not from Netflix but from DirecTV and others - of movies that are in the theater.
Reed Hastings

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