If you thought that Facebook might be gearing up to compete with Netflix, then think again. Netflix CEO Reed Hastings just joined Facebook’s board of directors. “Facebook is propelling a fundamental change in how people connect with each other and share all kinds of content,” Hastings says. He added that he wants to help Facebook “take advantage of all the opportunities ahead.” The Facebook board also includes CEO Mark Zuckerberg, investors Marc Andreessen, Jim Breyer, and Peter Thiel as well as the Washington Post’s Donald Graham. Hastings also sits on Microsoft’s board.