The Visionary
The future, and what is barely possible, reads round the next corner.
Reed Hastings reads as The Visionary, a founder whose instinct is to lead from a picture of the future rather than the constraints of the present. As Netflix co-founder, and in conversation on The David Rubenstein Show, he registers as someone who bets on where behaviour is heading before the evidence is comfortable.
“Well, families are dysfunctional in many ways. And so, yes, I think it's an inferior model. And again, team is not cold. You know, a good team really has highly functional people with good relationships between each other.”
“And there's something about watching humans compete that makes it interesting. I think we humans care about what other humans do, and that kind of puts some limits. And that's why we have anti-steroid rules, because we don't want to, you know, change the competition too much.”
“The core of it was if you had incredibly talented people, you didn't need a lot of process and rules. Netflix was anti process and rules and pro talent density. And then to get talent density, we modeled it on a championship sports team. And they had to swap out players. And that was a normal part of the ethos.”
“Fees, right? They had out of stock in various problems. One advantage is that relative to Amazon, the nice thing about rental is because you got to return the good. It's a very different logistic path than selling things. So then it makes less sense for Amazon to invest in because it's only one category that does this.”
The David Rubenstein Show: “Reed Hastings”
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