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"give the Post breathing room to find a direction that will be profitable" Could be but I don't think that's the case. I think there is something else going on
by larrys 13y ago
"give the Post breathing room to find a direction that will be profitable"
Could be but I don't think that's the case. I think there is something else going on here either vanity or some underlying access or asset that provides much greater value to Bezos that has not much to do with Amazon either.
I mean if you have that much money you can afford to buy and have it lose money for years just for other valuable benefits and access. WP is a mouthpiece he could swing elections (influence is way beyond their circulation).
- untog 13y agoI mean if you have that much money you can afford to buy and have it lose money for years just for other valuable benefits and access. You can, but you can also believe in journalism and be willing to spend some of your money on keeping it alive. Not sure we can really make an automatic judgement either way.