Notable exceptions are North Korea, Syria, China, and Iran. Netflix opens regional warehouses, bringing overnight delivery in response to subscriber complaints that it took too long to get their DVDs.Ģ013: Netflix introduces user profiles and rolls this feature out to all Netflix subscribers in August.Ģ015: Netflix is present in 50 countries.Ģ016: Netflix goes live in 130 countries simultaneously and adds local languages to its user interface, subtitles, and dubbing.Ģ017: Netflix officially hits 100 million subscribers worldwide.Ģ021: Netflix hits 209 million subscribers in over 190 countries. Reed has 500,000 shares, and Marc has 166,000 shares. The IPO raises $82.1 million and values Netflix at $309.7 million. During the meeting, John turns him down and laughs at Reed and the Netflix team.Ģ001: Netflix hits one million subscribers and continues to grow.Ģ002: Netflix goes public in May. After a meeting between Marc and Sony goes bad and growth becomes sluggish, Reed demotes Marc to President and takes over as CEO.Ģ000: Reed Hastings approaches former Blockbuster CEO John Antioco and asks him to buy Netflix for $50 million. Netflix's video library expands to 3,100 titles. At the end of the first day, they booked 137 orders.ġ999: A total of 239,000 subscribers sign up. Within 15 minutes, the website crashes as other orders start coming in, forcing them to run to the store to buy more servers. Marc orders the movie Casino as a test, and it works. The video library has approximately 900 titles. To all of them, Reed's reply was simply, "that will never work."Īpril 14, 1998: The website launches as Netflix at 9 am. Because a looming merger with another firm would leave them both out of a job, Marc says Reed had told him, "Let's come up with an idea and you can run it and I'll fund it."Īs they carpooled to work every day from their homes in Santa Cruz to Silicon Valley, Marc, who wanted to start something like Amazon, pitched all sorts of e-commerce ideas to Reed: surfboards, custom-built baseball bats, personalized dog food, and home-delivery shampoo.
Instead, in early 1997, Reed was the CEO of the company they worked for (Pure Atria), and Marc was its VP of Corporate Marketing.
While working out at the gym one day, the sting of the fine inspired him to think of a service that allowed one to order a movie online and get it by mail.Īccording to Marc Randolph, this story is false and was just a marketing gag. Hastings has said the idea was sparked by a $40 fine he got for renting the movie Apollo 13 from long-dead Blockbuster and returning it six weeks late. Netflix was founded in 1997 by Reed Hastings and Marc Randolph in a small California city called Scotts Valley in Santa Cruz county.
0 kommentar(er)
