I don't think this is incompatible with what Graham is saying. Netflix has a famously distinctive organization and management style; I don't know if it's literally Reed Hastings' stamp, but you can imagine it might be. Towards the end of the post, Graham talks about how he's not saying there won't be delegation; it just won't be black-box cookie-cutter delegation, into "engineering" and "marketing" and "sales" and "support". It rang pretty true to me.

Bear in mind he's also responding to Brian Chesky's case study, which we're probably not going to get to hear much more about.