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Finn's Shorts Daily looks back at how Netflix almost lost to Blockbuster and then won. Reed Hastings had rented out a VHS of Apollo 13, a space movie about an abandoned mission to the moon and he'd forgotten to return it. He knew that many others like him hated paying these fees. So on a car ride with his friend Mark Randolph, they thought what if he built a business on the premise of zero late fees?

A couple of days ago, Reed Hastings, the co-founder and long-time CEO of Netflix stepped down from his role at the streaming giant. So in today’s Finshots, we thought we’d look back at how Netflix almost lost to Blockbuster and then won!

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