Remove 1997 Remove Cofounder Remove Naming Remove Viral
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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Marvel’s fascinating turnaround story is no less than a heroic action story where the protagonist flips the scales at the last moment and arises like the phoenix, just like the many superheroes it helped become household names. Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals.

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Building a Great Startup Board: Pt 1

Reid Hoffman

I’ve been on so many different boards now that I need to go back and count them up to name the number of different boards on which I’ve served. At this stage, you need a true founder who fervently believes they’re going to make the company successful. Right now, our whole bet is on the CEO and the founders and making them successful.

Startup 36
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Customers Love Free Stuff … But That’s Not Your Problem

abovethecrowd.com

Warren Buffet, 1997. Paypal famously offered customers $5 to invite a friend, who would then also get $5 as part of a highly successful viral marketing campaign (they actually started at $20, and then reduced it to $10 and then ended at $5). The founders, the CEO, the CFO, the executives, the employees, and the venture investors.

IPO 82