Red Envelope Madness!

Monday, March 07, 2005

Now he says he didn't mean it.

When Reuters quoted Reed Hastings as saying he will forgo profits in exchange for market share for the next 5 years, he didn't mean it that way.
via Tech Biz:

Eric Hellweg, CNN/Money contributing columnist "caught up with Hastings on Friday morning. "I fell for the oldest trick in the book," he says, claiming he was misquoted. "They asked if it was possible, and I said, in my analytic best, 'Anything is possible.'" Read more.

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