How Netflix Escaped Death (Three Times)

Netflix shouldn’t exist today.  They should’ve been crushed with the 2001 dot-com crash. Yet they survived, even after laying off 40% of the company. Blockbuster Online was minutes away from stealing the entire market-share Netflix had painfully built up. Yet they survived. And after spending $100 Million of the companies $300 Million in cash on launching their own Netflix originals. Netflix somehow, survived. This episode covers the entire history of the company, how Marc Randolph and Reed Hastings founded the company as a DVD-rental business. Grew the company and created one of the most valuable businesses by going all-in on digital streaming.    This is, the history of Netflix, told in a narrative form.   Follow me on Twitter: ⁠https://x.com/WouterTeunissen⁠  Read the newsletter:  ⁠https://biography.beehiiv.com/⁠  Email me if you have any questions: [email protected]

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