When there's an ache, you want to be like aspirin, not vitamins. Aspirin solves a very particular problem someone has, whereas vitamins are a general "nice to have" market. Reed Hastings More Quotes by Reed Hastings More Quotes From Reed Hastings I take a lot of vacation, and I’m open about it internally, just as you would expect, you often do your best thinking [when] you’re off hiking on some mountain or something and you get a different perspective…or you’re reading something that’s not connected to work. Reed Hastings us Most of us are so wrapped around efficiency in management that we don’t sufficiently value flexibility, we’re willing to take some inefficiency narrowly and in edge cases to create an environment that’s extremely flexible because we think that outperforms in the long term. Reed Hastings us We're trying to or exploring a number of different options for offering Netflix in China, until you get the wide range of government permissions that you need, you don't know until you've gotten them. Reed Hastings technology So China, again, we still have some things to figure out, so I suppose it's possible. Reed Hastings technology It turns out that all Netflix streaming peak on Saturday night can fit inside a single fiber optic, which is the size of one human hair. Reed Hastings inside single hair night There is a revolution happening, and within two years I think that Wi-Fi and Netflix will be built into all the televisions. Reed Hastings will think netflix revolution Most companies that are great at something - like AOL dialup or Borders bookstores - do not become great at new things people want (streaming for us) because they are afraid to hurt their initial business. Reed Hastings great business hurt people We are seeing the beginning of things. Web 2.0 is broadband. Web 3.0 is 10 gigabits a second. Reed Hastings web beginning things seeing In 20 years from now we will all be able to click and watch TV. Reed Hastings watch will now years My first company, Pure Software, was exciting and innovative in the first few years and bureaucratic and painful in the last few before it got acquired. The problem was we tried to systemize everything and set up perfect procedures. Reed Hastings everything company problem perfect In hindsight, I slid into arrogance based upon past success. Reed Hastings hindsight arrogance success past Well, we're about 24 million subscribers today, and that's up from about 15 million a year ago, so it's a very high rate of growth, and that's what's exciting about the business - more and more people are getting smart TVs, they're watching Netflix on their iPads. Reed Hastings growth business today people
