1997, Global, Green and Viral

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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

SEPTEMBER 9, 2022

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. Photo Credit: Rob Greene. Thanks to Rob Greene, Price of Meat. #13-

Entrepreneur

Entrepreneur Bankruptcy Southern California South Africa

The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

MARCH 19, 2019

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. Publishers and authors (like O’Reilly and us) also benefit from Amazon’s success.

Cofounder

Cofounder Business Model IPO Non-Compete

StartUpRoar

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

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