Chapter

Companies Inviting Others to Open the Kimono
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48:52 - 55:29 (06:36)

Companies may invite smaller companies to share detailed information, sometimes under the pretext of due diligence, in order to build similar products internally. This could be detrimental to smaller companies facing potential competition from larger ones.

Clips
The co-founders of Netflix, Reed Hastings and Marc Randolph, recount their experience of visiting Amazon in its early days when they wanted to propose a deal to Amazon.
48:52 - 49:55 (01:02)
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Amazon
Summary

The co-founders of Netflix, Reed Hastings and Marc Randolph, recount their experience of visiting Amazon in its early days when they wanted to propose a deal to Amazon. Despite the sketchy location, they found Amazon in an old warehouse building in Seattle.

Chapter
Companies Inviting Others to Open the Kimono
Episode
#496: Marc Randolph on Building Netflix, Battling Blockbuster, Negotiating with Amazon/Bezos, and Scraping the Barnacles Off the Hull
Podcast
The Tim Ferriss Show
Founders discuss their commitment to keeping their company and their excitement for starting new companies.
49:55 - 52:45 (02:50)
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Entrepreneurship
Big companies sometimes invite smaller companies to share confidential details under the guise of due diligence, only to use the information to build similar products faster internally, according to an episode of the Acquired podcast.
52:45 - 55:29 (02:43)
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Corporate Espionage
Summary

Big companies sometimes invite smaller companies to share confidential details under the guise of due diligence, only to use the information to build similar products faster internally, according to an episode of the Acquired podcast.

Chapter
Companies Inviting Others to Open the Kimono
Episode
#496: Marc Randolph on Building Netflix, Battling Blockbuster, Negotiating with Amazon/Bezos, and Scraping the Barnacles Off the Hull
Podcast
The Tim Ferriss Show