Marc RandolphNet worth: Bio, Wiki, Age, Wife, Education and Netflix
Marc Randolph Biography
Marc Randolph is an American prominent tech entrepreneur, speaker, advisor, and environmental advocate. He is the co-founder and first CEO of Netflix. He is a serial entrepreneur who helped found the computer mail-order businesses MacWarehouse and MicroWarehouse, and the U.S.A edition of Macworld magazine.
Randolph, who has linked founding businesses to his experience as a hill guide, is chairman of the board of directors of the National Outdoor Leadership School (NOLS) in Lander Wyoming and a member of the board of environmental advocacy group 1% for the Planet.
Marc Randolph Age
Randolph is 62 years old as of 2020. He was born Marc Bernays Randolph on April 29, 1958, in Chappaqua, New York. He celebrates his birthday on April 29 every year and his birth sign is Taurus.
Marc Randolph Height
Randolph stands at an average height and has moderate weight. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.
Marc Randolph Family
Marc is the son of Stephen Bernays Randolph and Muriel Lipchik.
Marc Randolph Wife
Marc is married to his beautiful wife Lorraine Kiernan Randolph. The pair got married in 1987. They have been blessed with three children.
Marc Randolph Early life and education
He was born in Chappaqua, New York to Stephen Bernays Randolph an Austrian-born nuclear engineer and Muriel Lipchik. His paternal great-granduncle was psychoanalysis pioneer Sigmund Freud and his paternal great-uncle was Edward Bernays, an Austrian-American pioneer in the field of public relations and propaganda.
During high school and college days, he spent his summers working for the National Outdoor Leadership School, becoming one of its youngest instructors. He graduated with a geology degree from Hamilton College.
Marc Randolph Measurements and Facts
Here are some interesting facts and body measurements you should know about Randolph.
Marc Randolph Wiki
- Full Names: Marc Bernays Randolph
- Gender: Male
- Profession: tech entrepreneur, speaker, advisor, and environmental advocate
- Nationality: American
- Race/ Ethnicity: White
- Religion: Not Known
- Sexual Orientation: Straight
Marc Randolph Birthday
- Age: 62 years (2020)
- Zodiac Sign: Taurus
- Date of Birth: April 29, 1958
- Place of Birth: Chappaqua, New York, United States of America
- Birthday: April 29
Marc Randolph Body Measurements
- Body Measurements: To be updated
- Height: average
- Weight: Moderate
- Hair Colour: Brown
Marc Randolph Family and Relationship
- Father (Dad): Stephen Bernays Randolph
- Mother (Mom): Muriel Lipchik
- Siblings (Brothers and Sisters): To be updated
- Marital Status: Married
- Wife: Lorraine Kiernan Randolph
- Kids: 3
Marc Randolph Net Worth and Salary
- Net Worth: $400 million dollars
- Salary: To be updated
- Source of Income: Media
Randolph’s House and Cars
- Place of living: US
- Cars: Car Brand to be Updated
Marc Randolph Early career
After college, he got his first job at Cherry Lane Music Company in New York. He was in charge of the company’s small mail-order operation, he taught himself direct mail and marketing techniques while tinkering with different ways to sell Cherry Lane’s catalog of sheet music directly to consumers.
His interest in using computer software to track customers’ buying behavior ultimately fueled his decision to create a user interface at Netflix that doubled as a market research platform. He later came up with the theories of using direct mail to influence and retain customers doing circulation work while helping found the U.S. version of MacUser magazine in 1984.
His discovery later proved crucial to Netflix’s growth and survival. Netflix offered overnight DVD delivery and the company’s subscriber base first blossomed and cut into Blockbuster Inc. In 1988, he spent the dawn of the Internet age building direct-to-consumer marketing operations at software giant Borland International. In 1995, he left Borland for short stints at Silicon Valley start-ups, including heading marketing at desktop scanner maker Visioneer and then as a member of the founding team of Integrity QA, a developer of automated software testing products.
Software debugging company Pure Atria acquired the nine-person software startup in late 1996. He was the vice president of corporate marketing for Pure Atria. Later Pure Atria announced that Rational Software would acquire it in an $850 million stock swap in late 1996. Later the idea for Netflix was born. Pure Atria’s founder and CEO Reed Hastings retained Randolph as vice president of corporate marketing for the rapidly expanding Pure Atria
Why Netflix Co-founder Marc Randolph Doesn’t Regret Stepping Down as CEO
Marc Randolph speaks with rare humility, like a man with no regrets. “The decision to step down as CEO and bring Reed [Hastings] in,” he says, “was probably the best decision I ever made at Netflix.” Randolph and Hastings co-founded the company in 1997, with Randolph as CEO and Hastings as the company’s main investor and chairman of the board.
But two years later, the company was stalled out, and they made an emotionally fraught change: Randolph stepped aside to become president (and would leave the company four years later), and Hastings stepped in as CEO. The company thrived, and Hastings became the man to reap most of the glory. Now Randolph has a new book, That Will Never Work, which tells the history of the company — and in this interview, he talks about that humbling moment, and what it taught him about his true callings.
Randolph was working in his office, he came from some meetings he had over in San Jose late night at five or six o’clock. He said “He came into my office and closed the door, flipped open a PC, and began running me through a PowerPoint. And at first, I couldn’t quite understand what was happening. But what I realized eventually was that he was starting to make the case that the company might be stronger were he to come in as CEO”.
Marc Randolph Netflix
Online bookseller Amazon.com had pioneered an e-commerce model and he wanted to replicate this model. He wanted to explore the concept of selling the compact new digital format online. Integrity QA founder Steve Kahn, Hastings, and Randolph’s mother were the initial investors in Netflix. He came up with the company’s name, designed its initial user interface and branding and acted as chief executive for the first year while Hastings attended Stanford University graduate school.
On April 14, 1998, Netflix launched out of an office park in Scotts Valley California. He designed the user interface. In 1999, they created a successful Netflix business model that was subscription-based service with no due dates or late fees and unlimited access to content, a “Queue” that allowed subscribers to give the order in which DVDs should be mailed to them, and a serialized delivery system that automatically mailed out a DVD as soon as the previous rental was returned.
In 1999, he ceded the CEO post to Hastings and turned to product development. Along with Mitch Lowe, he tested the concept for a movie rental kiosk called Netflix Express that Lowe later turned into a movie kiosk giant Redbox after Hastings rejected it as a line of business.
Marc Randolph Net Worth
Randolph has an estimated net worth of $400 million dollars as of 2021. This includes his assets, money and income. His primary source of income is his career as a tech entrepreneur, speaker, advisor, and environmental advocate. Through his various sources of income, Marc has been able to accumulate a good fortune but prefers to lead a modest lifestyle.
Frequently Asked Questions About Marc Randolph
Who is Marc Randolph?
Randolph is an American prominent tech entrepreneur, speaker, advisor, and environmental advocate. He is the co-founder and first CEO of Netflix.
How old is Marc Randolph?
Randolph is 62 years old as of 2020. He was born Marc Bernays Randolph on April 29, 1958, in Chappaqua, New York. He celebrates his birthday on April 29 every year and his birth sign is Taurus.
How tall is Marc Randolph?
Randolph stands at an average height and has moderate weight. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by.
Is Marc Randolph married?
Marc is married to his beautiful wife Lorraine Kiernan Randolph. The pair got married in 1987. They have been blessed with three children.
How much is Marc Randolph worth?
Randolph has an estimated net worth of $400 million dollars as of 2021. This includes his assets, money and income. His primary source of income is his career as a tech entrepreneur, speaker, advisor, and environmental advocate.
Where does Marc Randolph live?
Marc currently resides in the United States. He has not shared his precise location of residence. We will immediately update this information if we get the location and images of her house.
Is Marc Randolph dead or alive?
Piper is alive and in good health. There have been no reports of her being sick or having any health-related issues.
Randolph’s Social Media Contacts
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