Reed Hastings
RH
Boston, USA
Netflix

Reed Hastings

A former Peace Corps math teacher who built two companies, sold one, and then bet the second one on its own destruction — twice. The most disciplined cultural-product CEO of his generation.

Cultural disciplineSelf-cannibalizationBet-on-the-future
Struggles

Blockbuster turned down acquiring Netflix for $50M in 2000. Streaming pivot wiped out half the market cap before recovering.

Family

Married to Patty Quillin. Two children. Donates billions to education reform.

The full story

From day one to today.

The journey

Milestones, not magic.

1997

Founded Netflix after a $40 Apollo 13 late fee at Blockbuster.

2007

Pivoted from DVD-by-mail to streaming — cannibalised own business.

2013

Bet $100M on House of Cards — Netflix became a studio.

2023

Stepped down as co-CEO; Netflix has 260M+ subscribers worldwide.

Companies & ventures

What Reed has built.

Wins
  • Built Netflix into a defining brand from Boston, USA.
Setbacks
  • Blockbuster turned down acquiring Netflix for $50M in 2000. Streaming pivot wiped out half the market cap before recovering.
Next journey
Deepinder Goyal Zomato
Read journey