What did the Netflix founders do before starting Netflix?

Netflix was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. The company started out life as a DVD and Blu Ray rental service, sending out discs to customers by mail for a monthly subscription fee. Netflix eventually dropped disc rentals to focus on streaming TV and movies online.

What was Netflix's original business model?

As previously mentioned, Netflix was founded in 1997 in Scotts Valley, California. It was originally a rent-by-mail DVD service that used a pay-per-rental model. Users would browse and order the films they wanted on their website, put in an order, and Netflix would post them to your door.

How has Netflix changed since it was first created?

Netflix was co-founded in 1997 by executives Reed Hastings and Marc Randolph. At the time, Hastings had just sold his software company, Pure Atria, to Rational Software. “The genesis of Netflix came in 1997 when I got this late fee, about $40, for Apollo 13,” Hastings told Fortune Magazine in 2009.