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Quote by Reed Hastings

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Reed Hastings
Reed Hastings

Reed Hastings is an American entrepreneur and business executive, recognized for co-founding and leading Netflix, a global internet entertainment service. He is a pioneer in the streaming industry, transforming the way people consume media. more

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“Technological revolutions are very hard to predict. My favourite example is someone in 1850 taking care of horses as a farrier. They would have said, "Look, horses have been part of human existence for 5,000 years. We are horse people. It's permanent." But all of a sudden, the internal combustion engine comes along and, with it, oil fields and automobiles, which basically replace the horse completely. So we often have these long periods of stability and then a sudden inflection point.”

“[President Donald Trump] is doing exactly what he promised to do.When you come in as an outsider and you own no one anything and you're going to disrupt a bureaucracy that is so entrenched that the - you've got to just get it out by root and branch, the tentacles are so deep and so clinging to power, to status, to money, to position, to each other, you're going to ruffle a lot of feathers.”