Reed Hastings

We're trying to build a company that's a joy to work at.

We're not afraid to challenge the status quo.

We're constantly evolving.

We're a global company.

We're very customer-centric.

We're trying to create a culture of high performance.

We're very focused on hiring the best talent.

We're always looking for ways to improve.

We're very data-driven.

But as an entrepreneur you have to feel like you can jump out of an aeroplane because you're confident that you'll catch a bird flying by. It's an act of stupidity, and most entrepreneurs go splat because the bird doesn't come by, but a few times it does.

I got the idea for Netflix after my company was acquired. I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault.

Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they'll turn out to be right.

Do not tolerate brilliant jerks. The cost to teamwork is too high.

If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.

When there's an ache, you want to be like aspirin, not vitamins. Aspirin solves a very particular problem someone has, whereas vitamins are a general 'nice to have' market.

Broadcast TV is like the landline of 20 years ago.

I've worked very hard, but my life's always been fun.

So I guess Plepler... doesn't mind me then sharing his [Netflix] account information. So it's plepler@hbo.com and his password is 'netflix b**ch.'

As long as we don't shoot ourselves in the foot again, we should be good.

Last year, Netflix was the talk of the conference, as investors were intrigued by its mystique. This year, Hastings joked that the topic point is 'pity.'