Netflix founder drops the best startup business advice, says 'No one can predict what will work'

Netflix CEO Marc Randolph has offered some crucial advice for startup founders navigating the tricky waters of fundraising.

He said founders should not focus only on whether they need money, but also look for other things that accepting investment will commit them to.

On X, Randolph said founders should not just ask, “Do I need money?” Instead, they must ask, “What does taking this money commit me to?” because investment comes with expectations and responsibilities.

“Because money isn't neutral. It comes with expectations—spoken and unspoken. It creates a burn rate. It invites opinions. It shifts your timeline from “whenever we figure this out” to “we need to show progress by the next board meeting,” he said.

In a recent social media post, Randolph spoke about a young founder who rec