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But didn't this experiment already happen during Netflix's self inflicted "death spiral", ala Qwikster? Did all of the top employees leave at that point? http
by kqr2 10y ago
But didn't this experiment already happen during Netflix's self inflicted "death spiral", ala Qwikster? Did all of the top employees leave at that point?
http://www.nytimes.com/2013/04/27/business/netflix-looks-back-on-its-near-death-spiral.html?_r=0 http://www.nytimes.com/2013/04/27/business/netflix-looks-bac...
- guiambros 10y agoAlso, those who got upset from getting fired (or frustrated from not getting an offer) really didn't understand the culture. It's an amazing company, but they're very clear that its culture isn't for everyone. Getting fired (or not hired) doesn't mean you're incompetent; it just means the business needs have changed, and they now need something different than you can offer. I think this [1] is probably one of the best interviews with Reed Hastings. [1] https://www.youtube.com/watch?v=jYhP08uuffs https://www.youtube.com/watch?v=jYhP08uuffs
- vidoc 10y agoNetflix has a long history of jacking their prices as soon as they get to the next level of subscribers. Their long term strategy might be somehow similar to ticketmaster, except that it'll be way tougher for them to get a monopoly on this market.