3min chapter

That Will Never Work cover image

#53: My Meeting with Jeff Bezos. Is Netflix for sale?

That Will Never Work

CHAPTER

The Pros and Cons of Unit Economics

Read, who owned 30% of the company, was looking for a way to jump start his entry into video. He had invested two millions in it and was fresh off the pureatria i po. Read: We weren't making any money; we didn't have a repeatable, scalable or profitable business model. So long d v d sales, so long net flicks. Selling to amazon now would solve all those problems,. Or at least it would hand them off to a larger company with deeper pockets. The pros we'd find a solution for our biggest problems. They were also on the brink of something we had a working web site, we had a smart team.

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