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Posts Tagged ‘Netflix’

Netflix and the Benefit of Flip Flopping

Posted in Business, Technology, tagged , on October 11, 2011 | 2 Comments »

Reed Hastings, CEO of Netflix, gave subscribers some good news yesterday: We are going to keep Netflix as one place to go for streaming and DVDs. This means no change: one website, one account, one password … in other words, no Qwikster. As a long time subscriber, I can only say Hallelujah. But I am [...]

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Netflix Avoids the Sunk Cost Fallacy

Posted in Business, Internet, Technology, tagged , , on September 28, 2009 | 5 Comments »

The highlight of this month’s Wired magazine is a profile of Netflix and its CEO, Reed Hastings. The theme is Netflix’s strategy to thrive even as their business model changes (e.g., as on-line streaming replaces DVDs by mail). The opening paragraphs document an impressive willingness to change course: It had taken the better part of [...]

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Netflix Boosts Prize Economics

Posted in Business, Internet, Teaching, Technology, tagged , on September 22, 2009 | 1 Comment »

By at least one metric – the number of people who have mentioned it to me – my brief post about Netflix appears to be my most popular one so far. The post linked to a remarkable slide deck about the corporate culture that Netflix has embraced in its quest for excellence. Most memorable line: [...]

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Big Salaries at Netflix

Posted in Business, tagged , , on August 6, 2009 | 10 Comments »

The slide deck describing the culture at Netflix has some real gems (ht kottke.org). For example, here are three elements of the company’s compensation practices: Unlike many companies, we practice “adequate performance gets a generous severance package.” (slide 26) Netflix vacation policy and tracking: “there is no policy or tracking” (“There is also no clothing [...]

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