30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story
Hearpreneur
SEPTEMBER 9, 2022
Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals. The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. This included health insurance and making them domestic partners. 4- Netflix. Photo Credit: Jen Wan.
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