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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

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Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to Lorie Carson, Real People Finder ! #20- 4- Netflix. Photo Credit: Jen Wan.

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Why Search Is Hard

Diego Basch

AUGUST 14, 2013

There was one time when building a decent search engine was relatively simple: crawl a few million pages (in 1997, that would have included pretty much every interesting web page out there). create an index in which every word points to all the web pages containing it, just like one at the end of a textbook.

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