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That Will Never Work

The Birth of Netflix and the Amazing Life of an Idea

Audiobook
1 of 1 copy available
1 of 1 copy available
In the tradition of Phil Knight's Shoe Dog comes the incredible untold story of how Netflix went from concept to company-all revealed by co-founder and first CEO Marc Randolph.

Once upon a time, brick-and-mortar video stores were king. Late fees were ubiquitous, video-streaming unheard was of, and widespread DVD adoption seemed about as imminent as flying cars. Indeed, these were the widely accepted laws of the land in 1997, when Marc Randolph had an idea. It was a simple thought—leveraging the internet to rent movies—and was just one of many more and far worse proposals, like personalized baseball bats and a shampoo delivery service, that Randolph would pitch to his business partner, Reed Hastings, on their commute to work each morning.

But Hastings was intrigued, and the pair—with Hastings as the primary investor and Randolph as the CEO—founded a company. Now with over 150 million subscribers, Netflix's triumph feels inevitable, but the twenty first century's most disruptive start up began with few believers and calamity at every turn. From having to pitch his own mother on being an early investor, to the motel conference room that served as a first office, to server crashes on launch day, to the now-infamous meeting when Netflix brass pitched Blockbuster to acquire them, Marc Randolph's transformational journey exemplifies how anyone with grit, gut instincts, and determination can change the world—even with an idea that many think will never work.

What emerges, though, isn't just the inside story of one of the world's most iconic companies. Full of counter-intuitive concepts and written in binge-worthy prose, it answers some of our most fundamental questions about taking that leap of faith in business or in life: How do you begin? How do you weather disappointment and failure? How do you deal with success? What even is success?

From idea generation to team building to knowing when it's time to let go, That Will Never Work is not only the ultimate follow-your-dreams parable, but also one of the most dramatic and insightful entrepreneurial stories of our time.

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    • Kirkus

      August 15, 2019
      The rocky road from startup to colossal success. Randolph, co-founder of Netflix, makes an engaging book debut with a candid memoir recounting the history of the company as it evolved "from dream to concept to shared reality." After co-founding the magazine MacUser and working in direct marketing for a software giant, Randolph, eager to work for himself, had been coming up with new business concepts (e.g., personalized dog food) when he hit on the idea of renting videotapes. When his friend Reed Hastings, looking to fund a new company, expressed mild interest, Randolph gathered a dozen "brilliant, creative people" to see if the idea made sense financially. Videotapes, it turned out, were prohibitively expensive to mail, but the upcoming new technology of DVDs seemed viable. Inventing a name for the new company (NowShowing and CinemaCenter were possibilities) was the least of their problems: Only by contracting with Toshiba and Sony to offer free rentals with the purchase of a DVD player did they entice customers, but even then, sales of DVDs were stronger than rentals. For a few years, the company was "almost always on the razor's edge between total success and total failure." When individual rentals failed to put the company on secure footing, Randolph and his team came up with the idea of a monthly subscription service with no late fees, a move that proved popular. Yet even with 200,000 subscribers, Netflix still lost money and was forced to trim its staff; the layoffs, writes the author, were painful. Besides internal changes, the company looked for alliances with more successful enterprises, but a deal with Amazon (it would sell DVDs and steer customers to Netflix for rentals) collapsed and a hopeful bid for Blockbuster to buy Netflix fizzled. Elevating Hastings to CEO helped to lure investors, and after "years of work, thousands of hours of brainstorms, dire finances, and an impatient CEO," Netflix went public in 2002. Now with 150 million subscribers, Netflix has morphed into a media behemoth. An entertaining chronicle of creativity, luck, and unflagging perseverance.

      COPYRIGHT(2019) Kirkus Reviews, ALL RIGHTS RESERVED.

    • Library Journal

      August 30, 2019

      First comes the idea. Then comes the hard work. Randolph, in his first book, gives the genesis story of Netflix. What makes this story particularly appealing is that it bridges the brick and mortar enterprise with ecommerce. Similar to Howard Jonas's On a Roll and Phil Knight's Shoe Dog, Randolph's work delves into the workings of a business, from startup to maturity. The author is particularly adept at describing how the "next big thing" gets started in the milieu of Silicon Valley, sprinkling throughout the text object lessons on leadership, talent, excellence, and working through problems. Of note are details of how Netflix grew organically. Randolph, understanding that his forte was in developing a startup, left Netflix after it had gone public, but before the advent of streaming. While Randolph intersperses into the narrative plenty of advice, his closing remarks are apropos: if you have the idea, start the business; focus on the problem rather than the solution. VERDICT A worthwhile personal account and career guide for budding entrepreneurs.--Steven Silkunas, Fernandina Beach, FL

      Copyright 2019 Library Journal, LLC Used with permission.

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