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If You Invested $1,000 in Netflix's IPO, This Is How Much Money You'd Have Now

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If You Invested $1,000 in Netflix's IPO, This Is How Much Money You'd Have Now

You can earn a fortune in the stock market. Though it's not common, the best stocks can rise many times in value, helping their investors build tremendous wealth along the way. Netflix (NASDAQ: NFLX) is one such company.

Back in the days when Blockbuster Video reigned supreme, Netflix co-founders Reed Hastings and Marc Randolph had the wild idea of letting people rent DVDs through the mail. It turned out to be a pretty brilliant concept.

Netflix debuted in 1997. The following year, the fledgling company's new DVD rental site, Netflix.com, went online. And in 1999, Netflix launched what would become a popular DVD-by-mail subscription service.

Source Fool.com

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