How CEO Reed Hastings disrupted the subscription-entertainment industry and built a $170-plus billion empire.
This was what anyone would call, in polite terms, a teachable moment, and Reed Hastings was the rare leader who possessed the intelligence and humility to be taught. Within a month he had reversed the decision to split the service in two, but he kept the price hike. It turned out to be the right move. At the time, Netflix stock was trading at $77.50 a share. Today, it’s worth $400.
This story is from the October 2018 edition of Maxim India.
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This story is from the October 2018 edition of Maxim India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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