Netflix's IPO in 2002: Watch CNBC's coverage
February 01, 2019 at 16:22 PM EST
The hangover from the Dotcom Bubble bursting was still fairly fresh, but Netflix went public in 2002. CEO Reed Hastings said, "An IPO is like high school graduation. It's big at the time but with hindsight it's only really a beginning of something else." The DVD subscription service had yet to make a profit at the time.
