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Netflix was founded in 1997. DVDs were brand new technology and dialup was the primary means of accessing the internet. They didn't begin streaming until a deca
by bradyd 3y ago
Netflix was founded in 1997. DVDs were brand new technology and dialup was the primary means of accessing the internet. They didn't begin streaming until a decade after that. They were called Netflix because you could rent movies on the internet.
- naikrovek 3y agoReed Hastings says otherwise. Netflix was always intending to stream movies via the Internet. it wasn't possible when the company was founded, but streaming was the vision from the outset. they began the dvd-shipping service to build the company and bootstrap their way to the streaming service. I've read this in multiple places, but I'm not going to do your homework for you.
- telotortium 3y agoUnless he produces documents from around the founding period where he says that, I'll treat Reed Hastings' comments as nothing more than puffery.