Netflix was founded in 1997 by Reed Hastings and co-founder Marc Randolph. The idea came from Hastings when he missed placed the video cassette, Apollo 13 for six weeks. Hastings owed the video rental store 40$ and was not excited to tell his wife. Later that day Hastings walked into the gym and it hit him, gym memberships were a great idea. A unlimited service for a monthly flat rate, and Netflix was born.
Quote of the Week