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Netflix's True Founding
- Netflix's founding story, often attributed to Reed Hastings' frustration with late fees, is more nuanced.
- Mark Randolph, the initial CEO, played a crucial role, drawing inspiration from Amazon's model.
Mark Randolph's Vision
- The popular narrative of Reed Hastings founding Netflix due to late fees is inaccurate.
- Mark Randolph, not Hastings, served as the initial CEO, driven by a vision to replicate Amazon's success with a different product category.
Hastings and Randolph's Background
- Reed Hastings and Mark Randolph's connection stemmed from their shared experience at Pure Atria.
- Hastings, founder of Pure Software, had a non-traditional background including the Peace Corps and a CS masters at Stanford.
