“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.”

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About Jeff Bezos

American businessman

Jeffrey Preston Bezos is an American businessman known as the founder, executive chairman, and former president and CEO of Amazon. He is associated with one of the world’s largest e-commerce and cloud computing companies. He is widely identified with Amazon’s rise and with major influence in business and technology. The available facts also note that he was among the world’s wealthiest people from 2017 to 2021, and that his net worth was estimated at about US$284 billion in 2026.

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