Naval@naval·Jun 20, 2016The Internet reduces external coordination costs, and thus the "minimum efficient scale" for both the firm and the nation-state.432100
Venkatesh Rao@vgrReplying to @pmarca @naval and @semil@AEI I have become suspicious of the small-is-better argument in pure form. Optimal size = dynamic f(many things)3:06 PM · Jun 20, 20162 Likes