Netflix is Now Worth Over 900x the $50 Million Price Tag Blockbuster Rejected

The year is 2000, the turn of the millennium, and every strip mall in America has a Blockbuster bustling every weekend with people renting movies and video games. The Netflix execs were in the Blockbuster offices trying to pitch their young DVD-by-mail rental service for $50 million. According to then-Netflix CFO Barry McCarthy, they were laughed out of the building.
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