#39 Culture = Who You Hire, Fire, & Reward w/ Marc Randolph, Netflix Co-Founder

Ditch Digger CEO with Gary Rabine

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Marc Randolph (@thatwillneverwork) is a veteran Silicon Valley entrepreneur, advisor, and investor. Marc was co-founder of Netflix, serving as their founding CEO, the executive producer of their web site, and a member of their board of directors. Although best known for starting Netflix, Marc’s career as an entrepreneur spans more than four decades.  He has founded or co-founded more than half a dozen other successful start-ups, mentored rising entrepreneurs—including the co-founders of Looker Data, which was recently sold to Google for $2.6B—and invested in numerous successful tech ventures. He is a frequent speaker at industry events, works extensively with young entrepreneur programs, sits on the board of the environmental advocacy group 1% for the Planet, and chairs the National Outdoor Leadership School’s Board of Trustees. Website: https://www.marcrandolph.com/ Twitter: @mbrandolph Instagram: @thatwillneverwork Facebook: @marcbrandolph / https://www.facebook.com/marcbrandolph/ Linkedin: https://www.linkedin.com/in/marcrandolph 2:00 - How Marc and his family became risk-encouraging—and how this set him up for success 12:30 - Influential entrepreneurs Marc has worked with and how that shaped his experience 22:00 - Netflix now vs. its humble beginnings and the beauty of startups 25:00 - What if Blockbuster had bought Netflix? 26:30 - The role of mentorship 36:45 - Culture and vision 1:00:45 - American exceptionalism and success

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