A Quote by Brock Pierce

No one will use the new Internet if it's slow, costs money and doesn't scale.

Brock Pierce

Quote Topics

Costs Internet Money New Scale Slow Use Will

Quote Author

Brock Pierce
American - Businessman
Born: November 14, 1980

When e-commerce companies build scale, cost comes down. Companies that can handle scale and reduce costs over time will win. Margins will come from reducing costs over time and not by increasing prices. Technology is the answer at large scale.

Sachin Bansal

It costs a lot of money to deliver newsprint. It's so much easier to do it through the air, Internet, radio, television. The second easiest thing is to do it through the mail. But when you have to take something heavy and put it on someone's doorstep, that costs a lot of money.

Frank Deford

The goal of a private company is, first, zero to one. Get past the product market fit, figure out whether people actually care about what you're trying to build and someone will pay you money for that. That's the zero to one problem. So scaling, one through N, is figuring out can you do that at scale and how big is the scale. And when people pay you more than what it costs for you to make it, does that equation end up leaving you with money left over, i.e. profits.

Chamath Palihapitiya

My advice is don't use technology primarily to lower costs. Use technology to create new, effective ways of touching the market and creating new businesses and if you do that right, the cost savings will come.

Paul Saffo

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 Katzman

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.

Jeff Bezos

Wars--and what is war except crime on a mass scale?--destroy rather than produce. The vandal that destroys a window causes not only the owner to bear the costs of replacing it, but costs those whom he planned on using that money to buy from. The same goes for wars. The warlords--of war and peace--destroyed so much, not only what existed, but all those new things that could have existed, if only individuals were left in peace.

Adam Young

There will always be music on the Internet that people can steal. What's new is not theft. What's new is a distribution channel for stolen property called the Internet. So there will always be illegal music on the Internet.

Steve Jobs

Don't be too much concerned about money, because that is the greatest distraction against happiness. And the irony of ironies is that people think they will be happy when they have money. Money has nothing to do with happiness. If you are happy and you have money, you can use it for happiness. If you are unhappy and you have money, you will use that money for more unhappiness. Because money is simply a neutral force.

Rajneesh

I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.

Naval Ravikant

Yahoo is free, it's fast and it's Web-centric. AOL is slow, it costs money and requires proprietary software.

Fred Wilson

From the Americans, I took the meet-up platform, from Howard Dean. He used it to gather money. I use it to gather information, to gather forums, not money. This we copied from the United States, the use of the Internet.

Beppe Grillo

I think that all money can do is to get your message out. Unfortunately, we live in a world where you have to use mass media to communicate with the people, and it just costs an awful lot of money.

Michael Bloomberg

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?