Throughout Randolph's career, he founded no fewer than six successful startups, including the magazine Macworld, and has mentored hundreds of early-stage entrepreneurs. Randolph graduated from university with a degree in Geology and would go on to found and run various mail-order and direct-to-customer companies before Netflix. He also served on the Netflix board of directors until retiring from the company in 2003.". As co-founder and founding CEO of Netflix, he laid much of the groundwork for a service that’s grown to 150 million subscribers and fundamentally altered how the world experiences media. ![]() Marc Randolph is a veteran Silicon Valley entrepreneur, advisor, and investor. Marc Randolph is the other chap behind Netflix Source: Today, he is an active educational philanthropist, having served on the California State Board of Education and on the board of several educational organizations. Between Bowdoin and Stanford, he served in the Peace Corps as a high school math teacher in Swaziland. Hastings received a BA from Bowdoin College in 1983 and an MSCS in artificial intelligence from Stanford University in 1988. After a 1995 IPO and several acquisitions, Pure was acquired by Rational Software in 1997. He was an entrepreneur who in 1991 had founded Pure Software, which made tools for software developers. Reed Hastings co-founded Netflix in 1997. Reed Hastings helped cofound Netflix back in the 90s Source: Guety/Wikimedia Commons It offers a wide range of TV series, documentaries, and feature films across a wide variety of genres and languages, including original productions. Today, Netflix streams movies and has more than 151 million paid subscribers in over 190 countries around the world. At the time, this was seen as a boon to those who did not have a video rental store nearby (remember those?). When they were finished with them, they would simply post them back to Netflix in the envelopes provided. ![]() Users ordered movies on the Netflix website, and received DVDs in the post. When it first opened, Netflix was purely a movie rental service. The company began out in Scotts Valley, California, and has grown to become one of the world's leading internet entertainment platforms. Netflix was first founded in August of 1997 by two serial entrepreneurs, Marc Randolph and Reed Hastings. ![]() RELATED: HOW EXACTLY DOES NETFLIX RECOMMEND MOVIES TO YOU? Who started Netflix?
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