If Jesus was here, he would go for Netflix.

Title page

Reed Hastings

Entrepreneurship

Aidan Syto

9/12/11

How it beganReed Hastings and Marc Randolph used to work at Pure Software, which made memory debugger programs for computer enginners.

In 1997, Reed Hastings rented the movie Apollo 13(VHS). When he forgot to return it on time, he had to pay a big, fat LATE FEE of about $40. He remembered that fee because he was “embarrassed about it.”

This got Hastings thinking about how big the market was, how many people paid late fees, and how much money wasted. He thought up of a movie rental business by mail.

DVDs were about to release and so Hastings went to Tower Record

Wilmot reed hastings jr.

Born October 8, 1960 in Boston Massachusetts

Graduated Buckingham Browne & Nichols high school in 1978

Founder and CEO of Netflix

Lives in the San Francisco Bay Area

Married and has two kids

One of his favorite movies is Gloomy Sunday, a German/Hungarian movie about a love triangle in Budapest during WW2 and the infamous song Gloomy Sunday.

experience

Hastings’ father was a lawyer who once served in the Nixon administration as general counsel of the United States Department of Health, Education, and Welfare.

After high school, he went door to door selling Rainbow vacuum cleaners

He majored in Mathematics at Bowdoin College(Brunswick, Maine)

Works CIted

How Netflix got started-Fortune Magazine

Netflix, Reed Hastings-Wikipedia