HQ2 was never going to be a true second HQ but now it’s not even going to be close. Cities just fellated Amazon for a satellite office.
The only HQ is where the CEO sits.
If you have a conglomerate, the existence of an HQ is totally meaningless.
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HQ2 was never going to be a true second HQ but now it’s not even going to be close. Cities just fellated Amazon for a satellite office.
The only HQ is where the CEO sits.
If you have a conglomerate, the existence of an HQ is totally meaningless.
Earlier quoted context omitted.
I agree with some of your other points... however > Texas is also building high-speed rail, which will end up linking all of their major cities, an immense bonus. Denver already has light rail connecting the airport, Boulder, and Golden as well as other metro areas, as well as amtrak, shuttles, and other public transport to the mountain regions for skiing and other recreation. It's also among the most bike-friendly c…
There is NO light rail link from Denver to Boulder, only buses. The money raised from Boulder residents via sales tax increases was spent on other lines.
On the plus side, the buses do leave every ten minutes, with plans to increase that to every five minutes within the next few years.
Hope it comes down here to Miami. Imagine the talent pool! Easy access to south american engineers
If anything Miami is still alluring to those across the US for warm weather, no income tax, and tanned guys/gals (or both?!). The Miami economy still is dominated by tourism and real estate unfortunately!
Ruth Graham, a writer for Slate, commented on this this morning[0]: " A sword was brought & Bezos said “Cut HQ2 in half. Each of you can have part of it.” “Please don’t split HQ2,” the true host city screamed. “Go ahead, cut it in half," the other city said. Bezos pointed to the first city. “This is the real host. Put the headquarters here.” " It makes me wonder if this is another negotiation tatic by Amazon to get t…
> It makes me wonder if this is another negotiation tatic by Amazon to get the final city to shell out more incentives. Alternately, Amazon has liked pitting cities against each other so much, that they decided to keep doing it forever. "City A, we're looking to start a major new project up. City B is willing to offer X, Y, and Z if we launch it in the City B office, are you willing to beat that for us to open it in…
It gives them more negotiating power, and a lot more flexibility.
Other similar companies - e.g. practically all FAANGS - just have one large HQ, and several smaller offices in various locations to tap into local talent.
How is Amazon exceptional such that it needs this special "HQ2" office?
This never made much sense for them... Except as a big PR fanfare to drum up huge benefit packages from cities on their various long/short candidate lists.
So now they cut the prospective office sizes in half. Will the benefit packages be cut in half? Probably not.
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Well, I don't think it's speculative to say that a recession is coming. Predicting exactly when is hard, but isn't it a near virtual certainty that it will happen?
Sure, but that's like saying Yellowstone is going to erupt.
Earlier quoted context omitted.
"There is a recession coming in the near future, which could result in Amazon looking for cheaper developers globally." It's dangerous to post speculative things with such certainty. The future is never guaranteed.
I am just going to leave you with this image here that shows the SP&500 since 1928: https://imgur.com/a/JCMbIvU We have had 10 years of growth since the last recession (every gray line is a recession). If you take into account the market corrections that we have seen this year as a sign, most people in finance will agree that there will be a correction in the next three years. It is far from speculation. The charts w…
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I suspect you are correct; this is a way to make the two cities compete to please / to accommodate / to benefit Amazon and get the headlines that they are Amazon's choice for X, Y, Z reason. Amazon's gravity is quite strong, and its tactics very honed.
I wish all cities competed for residents in this way. I think it would drastically improve our government if there was an actually significant risk of people leaving when the government messed up.
Earlier quoted context omitted.
I wish all cities competed for residents in this way. I think it would drastically improve our government if there was an actually significant risk of people leaving when the government messed up.
If I'm in government and I mess up then I would love if the people who are angry just packed up and left. I'd be more upset if they stayed angry and showed up on election day.