4.5 • 705 Ratings
🗓️ 15 February 2019
⏱️ 10 minutes
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0:00.0 | Welcome to Axis ProRata, a podcast that takes just 10 minutes to get you smarter on the collision of tech business and politics. |
0:07.4 | I'm Dan Pramak. We don't usually do a Friday show, but there isn't usually a development so squarely in our wheelhouse as Amazon's decision to bail on its planned HQ2 facility in New York. So here we are. |
0:18.7 | It also means a different format, as we'll bypass most of my |
0:21.2 | usual chatter and go directly to our two guests, Axios reporters David McCabe and Erica Pandy. |
0:26.2 | So McCabe, I wrote this morning in the pro rata newsletter that it was capricious of Amazon, the |
0:30.8 | decision, and that a company like Amazon that's so used to being loved lashed out when criticized. Am I |
0:36.2 | wrong? I think that they were absolutely responding |
0:38.8 | to the criticism. I think what they would say is that their concern was that basically this would |
0:44.0 | always be true. The people would always, these same people would always be angry at them, that they |
0:47.2 | would never be able to catch a break from local lawmakers. But I think the optics are undeniable. |
0:51.4 | This is one of the most valuable companies in the world, owned by one of the richest people in the world, essentially saying, we're done. We got yelled at during a couple |
0:58.8 | city council hearings. We think this is untenable, and we're out. Erica, you're in New York right now. |
1:03.0 | You were on the street in Queens yesterday to kind of do some man on the street sort of reaction. |
1:06.4 | What was the reaction? Was there a consensus? Some people were happy to see Amazon go. Some people were |
1:11.2 | furious that Amazon did this. The one thing I noticed across the board was just total whiplash. |
1:15.9 | I was quite literally breaking the news to so many of these people. I went there an hour after |
1:20.8 | the statement came out and I said, Amazon's leaving. Do you have to anything you say? And they were, |
1:25.4 | what? They're leaving? What? I thought they were just here. What's going on? The president of the tennis association, Amazon was going to be |
1:31.0 | neighbors with the nation's largest housing project. And she was serious. She was saying that they |
1:36.1 | completely blindsided us. No one's happy how it played out, how quickly it all happened. |
1:40.5 | You know, it was maybe like three or four days ago the first reports came that Amazon might be bailing on New York City. And I think I even tweeted, you know, they doth protest too much. |
1:47.6 | I didn't think it was serious. Okay. How does this come about so fast and give any of the |
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