Reed Hastings is the CEO and co-founder of Netflix, He invented it in 1997. He attended Stanford University in 1988 and Bowdoin College. He was born as Wilmot Reed Hastings, Jr. on October 8, 1960, in Boston, Massachusetts, to Joan Amory and Wilmot Reed Hastings. His father was an attorney for the U.S. Department of Health, Education, and Welfare. in 1983, Reed later married the patrician Ann Quillin and had two children. Before working to create Netflix in 1981, he went through Marine Corps officer training in the Platoon class. He later graduated in 1983 and joined the US Peace Corps, worked there for 2 years and graduated and then went to Stanford University where he earned his master's degree in Computer Science in 1988. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Reed Hastings founded his pure software company in 1991, which soon grew rapidly over time. Over the years he soon became CEO of that company, and once it went public in 1995, his software combined with Atria to create Pure Atria. Then Reed Hastings thought that this software company would be a great achievement for his career. He then decided to team up with Marc Randolph to co-found Netflix 2 years later. Netflix was then a metia rental service that allowed flat-rate mail-in rentals to all customers in the United States. Later in 1998, Netflix began mail order Purchase of DVDs for a period of 7 days, the system was changed a year later, now subscribers could pay a monthly fee to rent an unlimited number of DVDs. The company has grown over the years and Reed has become known for his management strategies for Netflix administration. It expanded Netflix through a partnership with a film studio for catalogues, documentaries and other films that were not readily available at the time. Netflix then released its billionth DVD in 2007 and now has over 65 million subscribers worldwide. That same year he joined Microsoft and served until 2012. He also served as director of Facebook since June 2011. Keep in mind: This is just one example. Get a custom paper from our expert writers now. Get a Custom Essay Reed Hastings is the co-founder of Netflix based on his innovative ideas. His company is now present throughout North America, much of Europe, South America and New Zealand. In 2015, Netflix had over 65 million subscribers.