So Money episode 940, Mark Randolph, co-founder of Netflix, and author of the new book,

That Will Never Work, The Birth of Netflix and The Amazing Life of an Idea.

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One of the ideas that I pitched to read was doing video rental by mail. This was the dawn of the e-commerce age.

I mean, just Jeff Bezos had been selling books only for just over a year and everyone was looking at what categories could we bring

into the online world. What does it take to bring a world changing idea to life?

My guest today co-founded a company we all know that fundamentally changed the way that we experience

media. Welcome to So Money, everybody. I'm your host, Farnoosh Terabi. Mark Randolph is here. He's a veteran entrepreneur

and investor who's best known for co-founding and serving as CEO of

Netflix. I'm sure you've heard of Netflix. So how do you take an idea to rent movies

over the internet and turn it into a company with some 150 million subscribers? Well, it takes grit, it takes gut instincts, it takes failure

and determination. Mark's book, That Will Never Work, is out now.

It's about taking a leap in business and in life

to bring your ideas to market and change the world.

Mark and I talk about the beginnings of Netflix,

borrowing money from his mother, and what happened

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