[yodsanklai]

It's not absurd, it's an actual range. I don't know about Netflix specifically, but I think it works that way: They know you resume, and how well you did at the interview. Based on that, they'll make you an offer which you can negotiate only slightly. It's also better to have a competing offer.

Conversely, you should have some idea of how much you're worth and where you fit in that $100-$700K range.