THE LAW OF SUPPLY AND ON-DEMAND

“The single most important thing the Internet has going for it is being on-demand.”

ZDTV CEO Larry Wangberg, touting the Net’s ability to act as a ridiculously overbuilt VCR at the Streaming ’98 conference, News.com, 16 November 1998

I THOUGHT SOFTWARE WAS A LOW-OVERHEAD BUSINESS

“At Microsoft, the overhead of having meetings and building a consensus among a group of people is so high, I had to hire people just to manage the communication.”

Sabeer Bhatia, a Microsoft M&A executive who got assimilated along with his startup, Hotmail, earlier this year, The New York Times, 16 November 1998