19 Facts About Marc Randolph

1.

Marc Bernays Randolph was born on April 29,1958 and is an American tech entrepreneur, advisor and speaker.

2.

Marc Randolph is the cofounder and first CEO of Netflix.

3.

Marc Randolph previously served on the boards of Getable, Rafter, ReadyForce.

4.

Marc Randolph was born to a Jewish family in Chappaqua, New York, the eldest child of Stephen Bernays Marc Randolph, an Austrian-born nuclear engineer, and Muriel Lipchik of Brooklyn, New York.

5.

Marc Randolph spent his summers during high school and college working for the National Outdoor Leadership School, becoming one of its youngest instructors.

6.

Marc Randolph graduated from Hamilton College in New York with a geology degree.

7.

Marc Randolph further developed his theories about using direct mail to influence and retain customers doing circulation work while helping found the US version of MacUser magazine in 1984.

8.

Marc Randolph spent the dawn of the Internet age building direct-to-consumer marketing operations at software giant Borland International starting in 1988.

9.

Marc Randolph left Borland in 1995 for a series of short stints at Silicon Valley start-ups, including heading marketing at desktop scanner maker Visioneer, and then as a member of the founding team of Integrity QA, a developer of automated software testing products.

10.

Hastings and Marc Randolph commuted together between their homes in Santa Cruz, California, into Silicon Valley for about four months while the Rational merger was finalized, and on these drives, the idea for Netflix was born.

11.

Marc Randolph wanted to replicate the e-commerce model pioneered by online bookseller Amazon.

12.

Marc Randolph had heard that digital-versatile-discs were being tested in several US markets, and he wanted to explore the concept of selling the compact new digital format online.

13.

Marc Randolph named the company, designed its initial user interface and branding and acted as chief executive for the first year while Hastings attended Stanford University graduate school.

14.

Marc Randolph designed the user interface to act as an online catalog of movies and a market research platform so that he could constantly test different versions to perfect the user experience.

15.

Marc Randolph ceded the CEO post to Hastings in 1999 and turned to product development.

16.

Marc Randolph and founding team member Mitch Lowe tested a concept for a movie rental kiosk called Netflix Express that Lowe later turned into movie kiosk giant Redbox after Hastings rejected it as a line of business.

17.

Marc Randolph left Netflix in 2002 after helping guide the company through its initial public offering two years earlier.

18.

Marc Randolph credited Hastings with successfully scaling the company to 93 million subscribers worldwide, and said he preferred the start-up stage.

19.

Marc Randolph is Entrepreneur in Residence for High Point University and its Belk Entrepreneurship Center.