Marc Randolph

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Marc Randolph (2017)

Marc Bernays Randolph (born April 29, 1958 in Chappaqua , New York ) is an American entrepreneur . He is one of the founders of the media company Netflix , whose first CEO he was from 1997 to 1999. He left the company in 2003.

Life

Marc Randolph grew up in Chappaqua, New York, as one of two children of Austrian nuclear technician Stephen Bernays Randolph (1926-2000) and his wife Muriel, née Lipchik (1929-2004). His great uncle was Edward Bernays , one of the founders of modern public relations . Marc Randolph's father was Sigmund Freud's great-nephew .

Randolph graduated from Hamilton College with a Bachelor of Arts degree in geography in 1980 .

After an unsuccessful activity as a real estate agent in his mother's agency, he was employed by the music publisher Cherry Lane Music from 1981 . After a few months there, he took over responsibility for the mail order department ; what Randolph later described as "unglamorous" but "extremely important experience" for founding Netflix. Later he also contributed to the distribution of a customer magazine for the company. This was followed by positions at various companies such as MacUser magazine, the technology company MacWarehouse and the software companies Borland and Visioneer .

In the mid-1990s, Randolph and two friends founded Integrity QA, a company that offered software for automated quality assurance . Shortly thereafter, the company was taken over by the software company Pure Atria, whose CEO Reed Hastings was. Hastings took over all nine Integrity QA employees. Randolph has been named Vice President of Corporate Marketing for Pure Atria. Since both Randolph and Hastings lived in Santa Cruz , they both used a regular car pool to commute to Pure Atria's offices. Shortly thereafter, Pure Atria was bought by Rational Software and both Randolph and Hastings were terminated.

While Hastings was about to continue his studies, Randolph was looking for a new idea for an e-commerce company. Together with Hastings, they finally developed the idea of ​​an online video library that mails the films on DVD to their customers. In 1997 they both founded the online video store Netflix in Los Gatos, California . Randolph was the company's first CEO. He held this position until 1999 when Hastings took over the position of CEO. In 2003, Randolph left Netflix.

He then advised various start-ups and is active as a speaker . From May 2013, he was a board member of the big data analytics company Looker Data Sciences , which was acquired by Google LLC for 2.6 billion US dollars in February 2020 .

In 2019 he published the non-fiction book That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea , in which he reported on the founding and first years of Netflix and which he also saw as an inspiration for a new generation of company founders.

Randolph has been married to Lorraine Kiernan Randolph since 1987 and has three children with her. He lives with his wife in Santa Cruz, California .

font

  • That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea . Endeavor, 2019, ISBN 978-1913068066 .

Web links

Commons : Marc Randolph  - collection of images, videos and audio files

Individual evidence

  1. a b c d Nicole Sperling: Long Before 'Netflix and Chill,' He Was the Netflix CEO . In: nytimes.com from September 15, 2019.
  2. a b Paid Notice: Deaths Randolph, Stephen B. . In: nytimes.com of March 16, 2000.
  3. Maureen Nolan: The Serial Entrepreneur . In: hamilton.edu, accessed April 26, 2020.
  4. a b c d e Want to Get Your Foot in the Door? . In: marcrandolph.com, accessed April 26, 2020.
  5. a b c d e Jon Xavier: Netflix's first CEO on Reed Hastings and how the company really got started | Executive of the Year 2013 . In: bizjournals.com of January 8, 2014.
  6. Lawrence M. Fisher: Merger Is Set For 2 Rivals In Software; Stocks plunge . In: nytimes.com of April 8, 1997.
  7. a b c d 'Anyone' could have built Netflix, according to its co-founder . In: cnbc.com of September 18, 2019.
  8. Meet Marc . In: marcrandolph.com, accessed April 26, 2020.
  9. ^ Looker Brings on Former Greenplum / EMC Executive as President and Former Netflix CEO as Board Member . In: businesswire.com of May 23, 2013.
  10. Elaine Ingalls: Google completes $ 2.6 billion acquisition of Santa Cruz company Looker . In: mercurynews.com on February 14, 2020.
  11. Keith Morelli: Marc Randolph, Cofounder of Netflix, to be the Muma College of Business Thought Leader Series Speaker in February . In: usf.edu from November 15, 2018.