San Francisco Chronicle/hearst Newspapers Via Getty Images | Hearst Newspapers | Getty Imagesregained ownership"It's almost biblical, it doesn't happen," Spikes tells CNBC Make It."There's a few folkloric experiences like Steve Jobs returning to Apple or Michael Dell returning to Dell Computers when the companies were in trouble. I think MoviePass is the first time where the company had shut its doors and went down to zero, operationally.
"We teach young people that there's this boogeyman called failure," he says."When you look at Edison and the lightbulb or the Wright brothers, there's the frequency at which you fail. The faster you can do that, the faster you get to what works."
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