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Sounds like bait and switch to me -- quite literally. "Hey, we have HQ2 for sale. Name your price." "...hey, highest-bidders, we actually only have two smalle
by eganist 8y ago
Sounds like bait and switch to me -- quite literally.
"Hey, we have HQ2 for sale. Name your price."
"...hey, highest-bidders, we actually only have two smaller satellite offices for sale; each of you gets one for the prices you named."
Can't speak for NYC, but I hope Virginia refuses to honor any corporate welfare packages as a result of what's basically an entirely legal form of bait and switch.
- bilbo0s 8y agoGot bad news for you. There are a lot of states out there, (ie - all the other ones), that would give a whole lot more, for even a fraction of the jobs NoVA and NYC are getting. It's a testimony to the wealth and power of NoVA and NYC that they scoff at 25,000 high paying jobs. I'm from Wisconsin, for instance, and we will have handed over roughly 4 to 5 BILLION dollars when it's all said and done. And that was for only HALF the jobs that NoVA is getting. (Each job likely paying LESS than what most of the Amazon jobs will pay.) I'm not jealous or anything. You guys know your value. Good for you. Self-Awareness is sorely lacking in the US these days. But I'm just pointing out that as corporate welfare goes, you guys in the coastal elite cities are in the best positions in the country. You're able to give out the least because all the good knowledge economy corporations basically have to be there in any case.
- eganist 8y agoShare the wealth! There are other benefits to planting two QuarterHQs in places that aren't Virginia or NY: If anything, Amazon QuarterHQ3 can go in Wisconsin (though my primary pick for this purpose might instead be a more disaster-resistant part of Florida) and QuarterHQ4 can go in the heart of Texas. It might draw some of the groupthink apart a bit and into areas that actually need new blood, or at least need some blood drawn from NorCal.
- bilbo0s 8y agoBut none of what you just outlined has any effect on Amazon's bottom line, or on NoVA and NYC's tax base. The job of Amazon is to increase their bottom line. The job of the governments of the NoVA and NYC areas are to increase their tax bases. None of those entities have "draw some of the groupthink apart" or "bring new blood into areas that need new blood" as part of their job descriptions. I just think you're being a little idealistic and naive. You're attempting to advance what seem to be almost quasi-political objectives using the market. But market participants in NYC or NoVA don't really care if Wisconsin needs new blood, or if SF has too much groupthink. Those are not issues the market is meant to address. You only set yourself up for more frustration and failure trying to use what are at their root market based devices to achieve these sorts of quasi-political goals.
- eganist 8y ago> Got bad news for you. ... > I just think you're being a little idealistic and naive. In reading your initial reply to me and this subsequent comment of yours, it seems you're more focused on scratching an itch for a debate. I have no interest: My initial reply to you was entirely fantastic; it had absolutely no basis in reality. I can assure you that my personal pipe dream of dispersing rational and grounded ideologies for the sake of making more states purple during elections was not intended to be confused with a legitimate argument. I do hope someone else gives you the debate you're seeking. I'm just informing you that that wasn't the intent of my initial reply to you. I still stand by the idea that it's in everyone's best interests for Amazon to plant large satellite offices in locations that aren't thought-centers because they're more likely to get the tax breaks that they need and they won't have any issues attracting the necessary talent (it's Amazon), but I won't entangle that argument with my dreams. Cheers
- bilbo0s 8y agoNot looking for a debate at all. (There's not really one to be had.) >My initial reply to you was entirely fantastic; it had absolutely no basis in reality... As long as you realize this, it's good. But there have been so many comments on HN the past week or so putting forth ideas of the sort you, rightly, see as more fantasy based that it's become difficult to ascertain exactly when someone is being serious. Such people have to be "sobered up" if we're going to effectively concert in seeking a solution to the larger problem: The "winner take all" nature of the tech economy.
- atq2119 8y ago> The job of the governments of the NoVA and NYC areas are to increase their tax bases. Must we always have such a narrow monetary view of everything? The primary job of governments is to be for the people, meaning the primary objective function must be the wellbeing of the people. Increasing the tax base may or may not be a suitable means towards that goal -- but certainly it's not an end in itself.
- zipwitch 8y agoThe job of Amazon, or any corporation, is not to just "increase their bottom line" nor is the job of governments to "increase their tax bases". Both classes of entity are allowed to exist by communities of human beings in order to make our lives better than they would be otherwise. We're smart enough to know that we don't have all the answers, so we allow people to create different structures under different rules and with different incentives. But the root reason corporation (and governments) are allowed to exist is the public good. A corporation that exists only for itself is just a weak attempt at a gray goo scenario. This is very much philosophy rather than practical rules, and perhaps you were speaking on a practical level rather than a philosophical one. But too many people seem to think that corporations (and governments) have some inherent right to exist and do what they chose, and forget that both exist only with our collective permission.
- fjsolwmv 8y agoIt's not about paying for value, it's about who is better at bribing politicians.
- amanaplanacanal 8y agoYou guys are definitely getting screwed on the Foxconn deal. Congratulations on getting rid of your idiot governor, though.
- rst 8y agoAuguries for NYC are not good: NY governor Andrew Cuomo joked at a public event that he'd change his name to "Amazon Cuomo" to get HQ2 -- the same day that the WSJ reported the city was only in line for half of it. And more recent reports are saying that he's planning to bypass city zoning authority, which is sure to go down great with everyone was already there...