The Internet rewards scale; by trading higher up-front costs for lower marginal cost, market leaders can invest in better technology and service. As a result, there is nothing online that is both great in quality and small in scale. Amazon wasn't originally a better bookstore than the small shops we mourn, but it is now.
John KatzmanRelated topics
amazon bookstore cost great lower marginal market nothing now quality result service small technology trading internet higher costsRelated quotes
Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?
Mark Zandi
An awful lot of successful technology companies ended up being in a slightly different market than they started out in. Microsoft started with programming tools, but came out with an operating system. Oracle started doing contracts for the CIA. AOL started out as an online video gaming network.
Marc Andreessen
I used to work at NASA in Virginia. It was nothing glamorous; I was just tasked with making code compile for obscure projects, and I wasn't very good at it. Now I spend most of my time drawing pictures and looking at funny things on the Internet, which in retrospect is largely what I did at my old job, too.
Randall Munroe
Not so great in England at the moment; in an online poll we came last, we actually came bottom of European countries for quality of life, because of things like the weather, obviously, late retirement, poor holiday, poor public services, poor health service; it's basically just a kind of grey, godless wilderness, full of cold pies and broken dreams.
Bill Bailey