4.5 • 705 Ratings
🗓️ 6 November 2018
⏱️ 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 | On today's show, Facebook apologizes for its actions in Myanmar and what happens when private equity owns a popular pizza chain. |
0:15.2 | The first, Amazon HQ2 or HQ3 or HQ 2. or, well, okay. So last year, Amazon announced it wanted to open a second |
0:25.6 | headquarters, which would house around 50,000 employees, mostly white collar jobs and engineering |
0:31.1 | jobs. It also said that cities should bid for the honor. And they did 238 of them, to be |
0:37.1 | exact. So some were large cities like Atlanta and |
0:40.4 | Denver. Some were small, including a little regional consortium that actually includes my Massachusetts |
0:45.4 | town of less than 10,000 people. Suffice to say, my town's bid didn't make the cut. But this past |
0:51.6 | January, Amazon did publicly narrow the finalists down to 20, and over |
0:55.9 | this past weekend, the Washington Post reported that it had settled on Crystal City, a D.C. suburb |
1:00.7 | in Northern Virginia. Then yesterday came two new pieces of news. First, the Wall Street |
1:05.0 | Journal saying that Amazon might actually pick two HQ-2s, namely because it didn't think it could |
1:09.9 | find enough tech talent in a |
1:11.1 | single market. And then the New York Times followed up by saying that the other site would be |
1:14.9 | Long Island City in Queens. Now, we've said before on the podcast that the Amazon HQ2 process |
1:20.8 | has been a PR masterstroke, getting everyone to not only talk about the company, but to talk about |
1:25.9 | it in positive terms, like how picking |
1:27.9 | City A or City B would really help with economic development, improve the local tech ecosystem, |
1:33.8 | etc. But if the split news is right, the hype was pretty empty. So for starters, Headquarters is a |
1:39.8 | singular term. We should reiterate that over and over. It's a singular term, but we were willing |
1:44.0 | to let |
1:44.3 | Amazon slide on HQ2 until yesterday. Picking multiple sites, that's not HQ2 or HQ3. Those are just |
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