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 [video on demand]. 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.
Source: http://blogs.siliconvalley.com
