9781422270448

cassette tapes, mailing them was a lot cheaper. He knew that Netflix would save both his company and his customer a lot of money by only renting them DVDs. The mathematician spent a lot of time perfecting an envelope that would only cost one first-class stamp to mail, making Netflix DVD rental cheaper than traditional video rental stores. Included in the delivery was a return envelope, which made it effortless for customers to mail the DVD back. With all these brand-new ideas in mind, Hastings set to work building his second company.

Hastings details the success of Netflix in an interview with a television station in India in 2018.

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