An interesting look behind the red velvet curtain known as Netflix. You get a bit of the CEO profile (which is worth reading if you’re an internet entrepreneur) and a healthy does of their stealthy, healthy business model.
Rather than design its own product, it would embed its streaming-video service into existing devices: TVs, DVD players, game consoles, laptops, even smartphones. Netflix wouldn’t be a hardware company; it would be a services firm. The crowd was stunned. In half an hour, Hastings had completely reinvented Netflix’s strategy.
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That is fascinating and kind of creepy, but also liberating.