Netflix CEO, chess player and fortune-teller

“The key here is to be a good chess player. The key to business strategy is to separate real threats from others. Blockbuster was concerned about VOD . They saw DVD by mail and didn’t think it was a threat. If they had launched [a Netflix-like service] a few years earlier, they might well have won.”

— Reed Hastings, CEO of online movie rental company Netflix, talked strategy and more this week as part of a lecture series in Santa Cruz.


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Chess Daily News from Susan Polgar
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