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by easychris 3510 days ago
I'm similarly confused. Wasn't Netflix founded by Reed Hastings?
1 comments
alister 3510 days ago
The person they list as "founder or CEO", Jay Hoag, is an early investor and Netflix board member according to Forbes[1]. Wikipedia says Netflix was founded by Reed Hastings and Marc Randolph[2] and makes no mention of Jay Hoag.

So, yes, I'm confused too. It doesn't seem that they should list Hoag as the "founder or CEO", and why exclude the actual founders which is what the article is supposed to be about?

[1] http://www.forbes.com/sites/jaysomaney/2016/08/12/why-is-jay...

[2] https://en.wikipedia.org/wiki/Netflix

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devy 3509 days ago
Yeah, Jay Hoag was a long time board member of Netflix since 1999, he just purchased 900k Netflix shares since August this year.[1]

According to this source [2] based on the latest SEC filing, Reed Hastings owns 931,660 shares of Netflix.

Since Jay might own some original Netflix shares, with the new 900k shares addition, perhaps he has eclipsed Reed Hastings in shares ownership.

[1]: http://www.forbes.com/sites/jaysomaney/2016/08/12/why-is-jay...

[2] http://www.davemanuel.com/net-worth/reed-hastings/

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