This Day in Business History: Netflix Founded

August 29 1997: Netflix was founded in Los Gatos, CA. They mailed DVDs in little red envelopes, with a huge collection of movies and tv shows to choose from.  Ten years later, in 2007, Netflix started offering subscribers the option to stream movies online. 

Sources: 6 Famous Companies That Launched in Summer (so Don’t Take Time Off), INC ; Netflix, Brittanica

Read more from the Goizueta Business Library collection:

The Netflix Effect: Technology and Entertainment in the 21st Century







Netflix Nostalgia : Streaming the Past on Demand


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