Hastings: Andy Grove's 'only the paranoid survive' maxim breeds delusion and distraction
Reed Hastings · a16z Podcast | Tech and Entertainment in the 'Era of Mass Customization' · Jan 2, 2019 · at 27:47
Netflix CEO Reed Hastings critiques Intel co-founder Andy Grove's famous management dictum during a discussion on competitive strategy with Marc Andreessen.
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“Only the paranoid survive. That was Andy Grove's quote. And the problem with that is it over, it encodes the truth in a way, but it oversimplifies, because the paranoid are delusional. They see crazy things all the time, ok? And business isn't that easy. You don't get to just imagine everything is going to crush you, or you get totally distracted on the wrong threats.”
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