Reed Hastings to speak at the Business Insider Global Trends Festival
Business Insider Global Trends Festival
- Global Trends Festival is one of the world's most prestigious events which will be live from Oct 19-23.
- While nobel laureates, some of the biggest political and corporate icons will provide thought leadership, it's a great platform to network with CXOs from around the world.
- Global Trends Festival 2020 is presented by AWS.
- Get your tickets now from BookMyShow.
Business Insider is proud to announce that
Reed Hastings is the cofounder and co-CEO of Netflix, which serves 193 million people in 190 countries around the world. In 2000, the entertainment company had just 300,000 subscribers paying for access to movie rentals by mail.
Hastings grew up in Boston and served in the Peace Corps, a time that was formative to deciding to start a business, he has said in interviews and memoirs. In the early 1990s he founded Pure Software, which made products to troubleshoot software. Hastings left the company in 1997, the same year he started
Just a few months after the launch, Hastings and Randolph took a meeting with Jeff Bezos and were offered $15 million for the business. They declined. In April 2020, Netflix's market capitalization reached almost $200 billion.
According to Hastings, YouTube inspired Netflix to start offering movies online. Eventually the company moved into original programming like "House of Cards," "Orange is the New Black," "Sex Education," and other hit shows and movies.
Hear Hastings talk about the future of entertainment at the Business Insider Global Trends Festival. Get your tickets today.
- OPINION: “I would bet on Novovax,” a doctor’s take on how to make the COVID-19 vaccine jabs more effective
- Aishwarya Pissay, a champion motorcyclist, describes what it takes to ace the circuit
- Mandatory 14-days quarantine for Delhi residents returning from Kumbh Mela, says Delhi Disaster Management Authority
- Check out the youngest players in IPL 2021
- JEE Mains entrance exam postponed amid surge in COVID-19 cases