![]() ![]() Hastings and Randolph considered and rejected selling and renting VHS as too expensive to stock and too delicate to ship. Randolph admired Amazon and wanted to find a large category of portable items to sell over the Internet using a similar model. Patty McCord, later head of Human Resources at Netflix, was also in the carpool group. Hastings and Randolph came up with the idea for Netflix while Carpooling between their homes in Santa Cruz, California, and Pure Atria's headquarters in Sunnyvale. He was previously a co-founder of MicroWarehouse, a computer mail-order company as well as vice president of marketing for Borland. Randolph had worked as a marketing director for Pure Software after Pure Atria acquired a company where Randolph worked. Hastings, a computer scientist and mathematician, was a cofounder of Pure Software, which was acquired by Rational Software that year for $750 million, the then biggest acquisition in Silicon Valley history. Netflix was founded by Marc Randolph and Reed Hastings on August 29, 1997, in Scotts Valley, California. ![]() Reed Hastings, co-founder and the current chairman and CEO It has more than 232 million paid memberships in over 190 countries, offering various different films, TV series, and games in various languages and genres. Netflix is one of the leading entertainment services worldwide. Netflix is an American subscription video on-demand over-the-top streaming service owned and operated by Netflix, Inc. Worldwide (excluding Mainland China, North Korea, Russia and Syria) ![]()
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