• On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.

    "Online Extra: Q&A with Amazon's Jeff Bezos". Interview with Robert D. Hof, March 26, 2001.
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