Ginkgo Results Presentation Deck
Being a sub-scale cell programming
platform will be difficult in this new
market environment
"Online selling (relative to traditional retailing) is a
scale business characterized by high fixed costs
and relatively low variable costs. This makes it
difficult to be a medium-sized e-commerce
company. With a long enough financing runway,
Pets.com and living.com may have been able to
acquire enough customers to achieve the needed
scale. But when the capital markets closed the
door on financing Internet companies, these
companies simply had no choice but to close
their doors."
Shareholder Letter from Jeff Bezos
2000 Amazon.com Annual Report
Ginkgo benefits from its current
relative scale and runway
18
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2021 UPDATE & BUSINESS REVIEWView entire presentation