Reed explains that the job of a board member is not to add value or give advice. It is to replace the CEO: "If the company falls apart, I will be part of replacing the CEO. That's basically the entire job. To have the confidence to do that, you have to learn the business. Board
Patrick OShaughnessy
@patrick_oshag
01-06
.@reedhastings built Netflix around two ideas that everyone talks about, but are extremely hard to do in practice.
The first is finding a simple idea and taking it extraordinarily seriously. Even from Netflix's inception in 1997, Reed explains how the DVD business was always
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