Ted Sarandos is co-CEO of Netflix , the biggest premium subscription streaming company on the planet, with a current market capitalization of more than $500 billion.

But more than two decades ago, before the dawn of video streaming, Sarandos was more than a little skeptical when he first met with Reed Hastings and heard the Netflix co-founder’s vision of home entertainment shifting to internet delivery.

“Honestly, it sounded nuts to me,” said Sarandos, who shared his earliest recollections of Netflix and more on the latest episode of the “Aspire With Emma Grede” podcast .

It was October 1999 when Sarandos and Hastings first met, and Sarandos — who was then an exec at video-rental chain West Coast Video — was interviewing for a job at Netflix to procure DVDs for the disc-by-mail ser

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