09/19 2011
Link: The Birth Of Qwikster
Netflix CEO Reed Hastings first apologizes for a lack of communication, and then gives his thoughts about the recent price changes and separation of DVDs and streaming (which is still the right move, as Hastings reiterates).
The wording is good. Amazingly, it doesn’t sound like the total bullshit you usually read in such posts. But here’s my favorite part:
For the past five years, my greatest fear at Netflix has been that we wouldn’t make the leap from success in DVDs to success in streaming. 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.
When I read this, I have one larger thought than Hastings: Microsoft.
Why is legacy Windows and all its baggage a part of Windows 8? Because of Hastings last sentence above.
He continues:
Eventually these companies realize their error of not focusing enough on the new thing, and then the company fights desperately and hopelessly to recover. Companies rarely die from moving too fast, and they frequently die from moving too slowly.
We see this time and time again. Complacency. These thoughts are nothing new. But what’s great is Netflix’s gumption to execute — stupid name or not.
Also great: Hastings is on Microsoft’s board. There is still hope.
08/23 2011
lovin my new Pen E-P3
07/30 2011
great work by @zelkovavc with @jason talking valuations - 7M+ on early angel deals - http://t.co/jAcpAGW
07/24 2011
Ocean City Proposal Video thanks to @billyd - http://bit.ly/q1a9yU
07/22 2011
Ben Franklin voted top 10 incubator by inc magazine.. photo right in front of Viddlers office: http://t.co/ZCGfvUQ
05/01 2011
Lehigh half marathon finish right at 2 hour mark.. Not sure if over under yet
04/30 2011
Birthdays built into SimpleGeos about page! - https://simplegeo.com/company/ #genius
04/27 2011
on the DL.. viddler player chromeless documentation starting to come out - http://bit.ly/fVFCft
1 of 45
