Reed Hastings is an entrepreneur and philanthropist who is the co-founder and chief executive officer of Netflix.
Reed Hastings co-founded Netflix with Marc Randolph in 1998. He wanted to create an entertainment company but in a way that it would not lose its entrepreneurial spirit along the way.
Netflix grew rapidly and its new management techniques got a lot of attention. The employees were paid higher salaries than in the market. Hastings, as his book No Rules Rules, explains introduced many new policies that were previously not implemented anywhere else.