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$NFLX earnings, Reed Hastings steps down, Google's 6% RIF & Ok Boomer with Mike O'Brien | E1662

This Week in Startups

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Netflix

Roxanne Jones: Netflix had big news and a pretty big beat mainly on the thing that I think really matters, which is subscriber numbers. She says they added many more subscribers than people expected. And then, of course, the other big news was that Reed Hastings is stepping down as co-CEO after a run for the ages. Jones: He's going to leave the co-CEO position and become executive chairman; current COO Greg Peters will be taking his spot alongside existing co-CEO Ted Sarandos.

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