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G7-Reed Hastings, Netflix: Stanford GSB 2014 Entrepreneurial Company of…

- - - - Blockbuster cancel the late fee and caused litigation
      - Stock prices of Blockbuster plunged
  - - - Netflix increase the subscription($21).
        But Blockbuster decrease less than$20,and gain some customers.
  - - - 2005 online subscriber Netflix: 420 million users Blockbuster: 100 million users
  - - - The code sync once a day,so no matter in the store or on the internet,customer can change a movie after returning the old one
  - - - Netflix have opportunity because DVD become common.
  - - - In september 2010, Blockbuster declared bankruptcy
- - - - Got more brains to thinking the problem. (incredible people)