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UPDATE: Spelling mistake
HQ2 will not work. Amazon grew in Seattle because of its access to H1B labor from Asia, liberalism, and attitudes towards business and work. Much of the rest of the country is North Korea business-wise. There is no way Seattle management will allow half the revenue to flow to another office. I'm sure the board thinks the two HQ's will compete, producing incredible productivity. Workers compete, management destroys. T…
What's the point of announcing your candidate cities? Seems like it's only there so that the two or three cities they're really considering have to throw loads of tax breaks at them.
I think folks are expecting too much from Amazon.
The cities are hoping for an influx of taxpayers with big incomes, but what will really happen is that Amazon will simply build a campus, the bulk of the "tech workers" will live in a wide swath of exburbs around the city. The commuters will stress the transportation infrastructure of the city and the "tax breaks" will greatly limit the actual benefits the cities see.
Of course even that is contingent on the whims of Amazon. They're soliciting solemn proposals that fork over a lot of benefits and promises. Whereas on the Amazon side, they could change their minds before even building the facility-- or just build a much smaller facility, or build several much much smaller facilities in several cities, all of which leverage the "highest bidder" benefits.
I don't believe them and I don't believe the "50000" jobs number. It is too round a number that seems like it was dreamed up by a PR goon. And what is the point of an HQ2 anyway? Isn't ONE HQ enough? How many HQ's does a company need in one country?
The idea is that CMU spits out about 200+ world class CS grads a year. If even 5% decide to stay in the area to start their own ventures. There would be potential for massive growth.
the other data points that shocked me is that the population of Greater Austin, Texas is now 2.5M souls! I still think of it as a sleepy southern college town like Athens, GA ;) And that Denver is experiencing a net influx of 10K people per day!
I feel as though there are too many cities. I'd be curious to know what the top 5 are. My picks, in no particular order: - Boston - Dallas - Atlanta - Chicago - Denver In all likelihood it'll be Boston or Denver.
Joking aside, What sort of hoops do they expect these city and state governments jump through?
I'm so glad Kansas City wasted all that time pandering [1] to them. I bet Sly really thought he'd make a dent. Absolutely not surprised though. Oh well, same old same old. Look at all the dots on the edges. [1] http://www.kansascity.com/news/business/article180878701.htm...
For Amazon's decision, NC politics probably take points away, but right to work probably adds points in favor.
HQ2 will not work. Amazon grew in Seattle because of its access to H1B labor from Asia, liberalism, and attitudes towards business and work. Much of the rest of the country is North Korea business-wise. There is no way Seattle management will allow half the revenue to flow to another office. I'm sure the board thinks the two HQ's will compete, producing incredible productivity. Workers compete, management destroys. T…
Yep, it's completely impossible for businesses to exist outside of Seattle, which is why the rest of the country is such a desolate wasteland of economic strife.