Tony Hsieh's new $350 million startup
tech.fortune.cnn.com
Tony Hsieh's new $350 million startup
1–10 of 48 posts
Re: Tony Hsieh's new $350 million startup
#2It's not really clear that this is actually a new startup, but regardless of that, investing in Las Vegas real estate strikes me as an extremely bold move.
Re: Tony Hsieh's new $350 million startup
#3Didn't click the link, but I hope it doesn't have anything to do with Internet security (zing!).
Re: Tony Hsieh's new $350 million startup
#4It's not really clear that this is actually a new startup, but regardless of that, investing in Las Vegas real estate strikes me as an extremely bold move.
Extremely bold, you have to love not only Tony's vision for what he wants to see in a city but also that he has the fortitude to act on it
Re: Tony Hsieh's new $350 million startup
#5It's not really clear that this is actually a new startup, but regardless of that, investing in Las Vegas real estate strikes me as an extremely bold move.
Seems to me that he's investing in Zappos. That investment just happens to come in the form of buying real estate in Las Vegas.
I wonder what the monetary difference is between building up Vegas and building their own campus. If you accept the fact that you need a decent campus to attract top talent then your investment only needs to make up the difference between the cost of building your own. Throw in the fact that it's more attractive to have your campus downtown than out in the sticks of Henderson and you're really not looking at needing to make up a ton of money. Even if you end up losing a little bit of money you could very well come out ahead.
Re: Tony Hsieh's new $350 million startup
#6Sounds like he is trying to build Silicon Valley in Vegas.
Reminds me of this PG essay: http://www.paulgraham.com/maybe.html
Or this one: http://www.paulgraham.com/siliconvalley.html
Re: Tony Hsieh's new $350 million startup
#7And here's why I think Tony Hsieh is the next, better Steve Jobs that understands business, people and community like no other leader today. Why better? Because the man radiates a genuine compassion towards others that Jobs never had. If any other business leader had announced such a visionary idea I would have been incredibly skeptical, but I have total confidence in Hsieh and find his vision inspiring and quite convincing.
Re: Tony Hsieh's new $350 million startup
#8It's not really clear that this is actually a new startup, but regardless of that, investing in Las Vegas real estate strikes me as an extremely bold move.
Seems to me that he's investing in Zappos. That investment just happens to come in the form of buying real estate in Las Vegas. I wonder what the monetary difference is between building up Vegas and building their own campus. If you accept the fact that you need a decent campus to attract top talent then your investment only needs to make up the difference between the cost of building your own. Throw in the fact that…
As the article says, Hsieh is after the synergistic effects that you get with melting pots; things that manifest themselves in a chaotic, cross breeding, art meets science meets business meets community world that you rarely find on a corporate campus.
Re: Tony Hsieh's new $350 million startup
#9Interesting. Building a community of tech startups is probably key to feeding more talent to zappos longterm too. He can also fund companies that solve some of zappos key problems and have them close at hand.
I'd be very excited to see a follow up to this every 6 months to see how things are coming along. Rebuilding a city is tough
Re: Tony Hsieh's new $350 million startup
#10[deleted]