Barry McCarthy joined Netflix as CFO when few were believed the company could rival the industry leader, Blockbuster. Today, Netflix is the biggest player in the video rental market and just finished its first billion-dollar sales year.
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Our guest in this podcast is Barry McCarthy, Chief Financial Officer of Netflix. For the past eight years, Barry has been responsible for all of Netflix’s legal and financial affairs. During his tenure at Netflix, Barry has helped the company grow from a few million dollars in sales to Netflix’s first billion dollar year in 2007. He played an integral role in the company’s initial public offering in 2002 and has helped the company become the most highly valued player in the video rental market.
Barry discusses with Nir the future of content delivery over the Internet and what technologies he sees as opportunities and threats. He also discusses how Netflix stayed nimble and aggressive in the face of powerful competitors. Barry also frankly talks about how he decided to bet on the Netflix business model even when few thought it would work.
Enjoy the podcast and let us know what you think!