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Inspiring Entrepreneurs: What Netflix CEO Reed Hastings has learned in his business career

The Next Web

When he founded Netflix as a DVD rental service in 1997, Hastings had already led one company, Pure Software, from its birth to an IPO. Most businesses, like Kodak or Blockbuster, go out of business when confronted with a radical new business model. It is really hard moving forward. I wouldn’t do it too early.

Swaziland 137
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Strategy Roundtable For Entrepreneurs: Spotlight On IIT Kharagpur, India

ReadWriteStart

My 1997 recruitment visit met with tepid response, with the student body largely interested in multinational placements at the time. My feedback was that the company needs to enter the market in a business-to-consumer mode because the logistics infrastructure in India is not at a point where a c-to-c business can thrive.

India 117