The Thing About Inventing Is You Have

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.

Lowering Prices Is Easy. Being Able To Afford To Lower Prices Is Hard.

Everything You Are Comes From Your Choices.

Our Premise Is There Are Going To Be A Lot Of Winners. It's Not Winner Take All. Other People Do Not Have To Lose For Us To Win.

To Get Something New Done You Have To Be Stubborn And Focused, To The Point That Others Might Find Unreasonable.