Netflix had a rocky start. It didn’t turn profitable until 2002 by which time it had burned $100 million of venture capital. Then it fell into a bloody DVD by mail war with Blockbuster which, finally in 2007, it won. Ironically, it was also in 2007 that Netflix launched the technology that will toss DVDs by mail into the sepia-tinted memory hole occupied by typewriters and telephones with dials – streaming.
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