Reed Hastings became executive chairman of Netflix in 2023, after 25 years as CEO. He co-founded Netflix in 1997. Reed is also a majority owner of Powder Mountain. He is currently on the board of several educational organizations including KIPP and Pahara.
Timestamps for this episode are available below.
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Timestamps:
[00:00] Start
[06:34] Alfred Lee Loomis and Tuxedo Park.
[07:53] Risk tolerance: nature or nurture?
[10:56] Cultivating culture that “eats strategy for lunch.”
[15:41] The logic behind generous severance.
[17:02] Adapting to Pure chaos.
[18:44] Reference checking potential hires.
[20:29] Context vs. control.
[22:35] Radical candor.
[24:15] Guardrails for maintaining work/life balance.
[27:04] Farming for dissent.
[28:39] Believing in the green crystals.
[30:54] High-performance team, not family.
[31:59] The keeper test.
[32:49] Fire and replace, or replace and fire?
[33:59] Beyond Entrepreneurship and other recommended reading/viewing.
[37:46] A favorite failure.
[40:32] Outstanding leaders.
[41:10] Reed’s two “religions.”
[42:19] Powder Mountain.
[44:44] How Powder Mountain differs from Reed’s other projects.
[46:24] Powder Mountain’s biggest challenges ahead.
[47:02] Could Reed ever really retire?
[47:19] Best investments of time, energy, or money.
[48:49] How can we improve education in the US?
[52:48] What class would Reed teach?
[53:59] Juggling projects without losing focus.
[55:04] Philanthropy: Why Africa?
[55:32] Being “big-hearted champions who pick up the trash.”
[56:28] Reed’s billboard.
[58:01] Parting thoughts.
*
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