Marc Randolph: ...the amount of trial and error it would take to create Netflix

Nobody Told Me!

Entrepreneurship, Business

4.2 • 671 Ratings

🗓️ 13 October 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Netflix co-founder and veteran Silicon Valley entrepreneur Marc Randolph is our guest on this episode. He’s mentored hundreds of early stage entrepreneurs and helped seed dozens of successful tech ventures, in addition to many unsuccessful ones. Marc is the author of the bestselling book, "That Will Never Work: The Birth of Netflix and the Amazing Life of An Idea". His website is https://marcrandolph.com/

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Transcript

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0:00.0	Welcome to Nobody Told Me. I'm Laura Owens, and I'm Jan Black.
0:15.8	And we are so excited to welcome veteran Silicon Valley entrepreneur Mark Randolph to the show. As you may know,
0:22.9	Mark is the co-founder and founding CEO of Netflix. He's mentored hundreds of early stage
0:29.0	entrepreneurs and helped see dozens of successful tech ventures in addition to many unsuccessful
0:34.1	ones. And Mark is the author of the best-selling book, That Will Never Work,
0:38.9	The Birth of Netflix and the Amazing Life of an Idea. Mark, we thank you so much for joining us.
0:44.8	Oh, it's exciting to be with you. Thanks for having me. We love the book because you have a great
0:49.5	way of making the reader feel like they're right alongside you as Netflix goes from an idea to a big
0:55.7	business. You left Netflix in 2003 and you say you're glad you waited 16 years to actually
1:02.1	write about Netflix. Why is that? Well, there's a couple of reasons. You know, one reason I wrote the book
1:07.7	was I did want to give people kind of the untold story of Netflix,
1:12.9	since there's all kinds of myths and false founding stories. And I thought it was an interesting
1:18.9	thing for people to really understand how a startup works. But the real thing is I didn't
1:24.7	really understand why we had been successful.
1:28.9	And it takes perspective to look back and isolate which aspects were luck,
1:34.6	which were doing things well, which were mistakes, what was my contribution,
1:40.8	what was it of a team.
1:42.6	And I think I really was able to sort out some of the truths behind not just the
1:48.0	success of Netflix, but some of the things that I felt, you know, anybody could use to
1:53.0	make an idea become real.
1:55.0	What I thought was so fascinating was that Netflix was actually your seventh startup.
2:00.0	And along the way, you said that you learned a very valuable lesson, and I love this,
	...

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