Quotes By Reed Hastings

Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they'll turn out to be right.

About half my work in education is U.S. political reform around school districts and charter schools, and creating more room for entrepreneurial organizations to develop. And about half on technology, which I look at as a global platform.

In the States, there's ESPN3, and each country has different options, and other than premiere league football, there tends to be very little global content. And movie and TV rights are pretty broad content.

I don't know of any Internet service that opens on a regional basis.

Well, we're about 24 million subscribers today, and that's up from about 15 million a year ago, so it's a very high rate of growth, and that's what's exciting about the business - more and more people are getting smart TVs, they're watching Netflix on their iPads.

It is clear that for many of our members two websites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs.

In 20 years from now we will all be able to click and watch TV.

But as an entrepreneur you have to feel like you can jump out of an aeroplane because you're confident that you'll catch a bird flying by. It's an act of stupidity, and most entrepreneurs go splat because the bird doesn't come by, but a few times it does.

There's a finite market for DVD-by-mail, and the growth over the next 10 years will be in streaming.

We have a very wide range of content, but the brand-newest movies, what's happening with those is a $30 pay-per-view option - not from Netflix but from DirecTV and others - of movies that are in the theater.

On the Internet you get continuous innovation, so every year the streams are a little better.

Think of Internet on the TV like the Web browser. The amount of time you spend on the PC in the browser is just going to grow continuously.

It turns out that all Netflix streaming peak on Saturday night can fit inside a single fiber optic, which is the size of one human hair.

Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.

In fact, technology has been the story of human progress from as long back as we know. In 100 years people will look back on now and say, 'That was the Internet Age.' And computers will be seen as a mere ingredient to the Internet Age.

In the U.S., HBO is a very aggressive service.

What's got me excited about the education space is the growth of the Internet over the next 10, 20, 30 years.

Comparing Apple to Netflix is like comparing apples to oranges, especially if the oranges made so many mistakes that people stopped eating oranges and just went back to Blockbuster.

I founded Netflix. I've built it steadily over 12 years now, first with DVD becoming profitable in 2002, a head-to-head ferocious battle with Blockbuster and evolving the company toward streaming.

I hate the photo shoots. I hate all that stuff.

Our brand at Netflix is really focused on movies and TV shows.

Broadcast TV is like the landline of 20 years ago.

When we think about online learning, it's such 'early days.' Bill Gates is a wildly smart insightful guy. Yet, even a guy as smart and insightful as that, 30 years ago can say things like,'Who's every going to need more than 640K of memory?'

We are seeing the beginning of things. Web 2.0 is broadband. Web 3.0 is 10 gigabits a second.

I'm an HBO subscriber, and I watch a bunch of great shows on HBO.

I'm on the Facebook board now. Little did they know that I thought Facebook was really stupid when I first heard about it back in 2005.

Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.

I hate the photo shoots.

How much has it been your experience that Americans follow what happens in the world?

There is a revolution happening, and within two years I think that Wi-Fi and Netflix will be built into all the televisions.