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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.
在互联网上，企业是规模企业，固定成本高，可变成本相对较低。你可以是两种尺寸:你可以是大的，也可以是小的。很难做到中等水平。许多中型公司在发展壮大之前就已经摆脱了融资困境。