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Tren Griffin
@trengriffin
, 3 tweets, 1 min read Read on Twitter
"The Amazon job growth planned for New York will be dispersed across 'about 17 other cities throughout the Americas.'" seattletimes.com/business/amazo…
"In Seattle, Amazon has about 12 million square feet of space and an additional 2 million under construction."

Microsoft campus is 14.9 million square feet. 2.5 million square feet of new office space will replace 12 current buildings. 47,000 employees in Washington state.
This is from November 2017. MSFT is considered a suburban campus so not on the chart.
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Tren Griffin
@trengriffin
Charlie Munger once described airlines as “marginal cost with wings“.

"Wow Air Joins 20 Other Airlines That Folded in Just the Past Year" skift.com/2019/03/29/wow…
"The airline industry is a very, very competitive business,” Buffett said Thursday. “I don’t think it’s a suicidal business anymore, but it was for quite a while.” bloomberg.com/amp/news/artic…
"Delta Air Lines, Southwest Airlines Co., United Continental Holdings Inc. and American Airlines Group Inc. All together, those stakes are worth $9 billion, almost 5 percent of Berkshire’s equity portfolio." google.com/amp/s/www.bloo…
Read 3 tweets
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Tren Griffin
@trengriffin
The S&P 500 just posted its best quarterly gain since 2009 because that type of gain tends to happen sometimes. At other times it does not happen. This is true in both odd or even numbered years. qz.com/1584099/the-sp…
"A top presidential adviser is calling for the Federal Reserve to cut interest rates. Nonetheless, the S&P 500 index has soared 13.1% since the start of the year, its largest first-quarter gain since 1998." barrons.com/amp/articles/t…
"Information Technology, up 18.8 per cent, and Consumer Discretionary, up 15.2 per cent. Both are eyeing their best quarter since March quarter 2012." amp.ft.com/content/70a4c8…
Read 3 tweets
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Tren Griffin
@trengriffin
WSJ: wsj.com/articles/inver… This could be referring to many different things "they already know."
It isn't that Burger King offering a $5 monthly coffee subscription is loss leader which is in effect a marketing cost. google.com/amp/s/www.cnbc…
It isn't that after the first year, Apple’s cut on subscription renewals is lowered to 15 percent. forbes.com/sites/dbloom/2… What else don't investors know?
Read 3 tweets

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Stacy Mitchell
@stacyfmitchell
Amazon’s decision to take #HQ2 to D.C. and NY is about enveloping government and media, the two primary checks on concentrated power in a democracy.

It’s decision to also go to Nashville is about deflection. 1/
Jeff Bezos’s intention is to usurp the authority of government: to set the rules by which other firms are allowed to trade and to levy a tax on their trade. 2/ See: thenation.com/article/amazon…
Bezos also intends to assume control of the government’s data and spending. Already #Amazon hosts a lot of federal data. It also controls the purchasing of many government agencies, all the way down to your local school district. 3/ See: ilsr.org/release-amazon…
Read 12 tweets
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Mike Rosenberg
@ByRosenberg
To recap:
1. Amazon announces nationwide search for HQ2
2. Cities offer billions in taxpayer subsidies
3. Amazon leverages those offers to get hundreds of millions in subsidies from NY & DC areas, its biggest East Coast offices now
4. Amazon picks NY & DC
nyti.ms/2D6vxvy
I'd love to know what the 240 cities that applied for HQ2 think about this, especially the other 18 finalists that worked so hard on their bids.

But we won't! Amazon required cities to sign NDAs. And they don't want to anger Amazon since they could get smaller offices some day.
Amazon parlayed HQ2 into incredibly outsized media attention.

Search Amazon HQ2 on Google News: 1.8M results.

In the end it was for office expansions to increase jobs by 0.2% in the NY metro area & 0.8% in the DC area, two of the richest places on Earth
nyti.ms/2D6vxvy
Read 5 tweets
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Naveed Jamali
@NaveedAJamali
We can talk statistics. We can talk crime stats. But the reality is plain as day: #Seattle needs more police on the streets. seattletimes.com/seattle-news/c…
The suspect was subdued by good samiritans, which begs the question: what was the response time? This is Seattle’s space needle on a Friday afternoon. If we can’t have a police presence there, what hope to other areas have?
I’m sick and tired of hearing about how we must spend money on things while ignore basic city-wide services. #seattle
Read 7 tweets
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Naveed Jamali
@NaveedAJamali
#seattle enough is enough. These “activists” have become nothing more then the BlackWater of homelessness. They don’t want to fix the problem, they want heads in beds to keep charging the city. seattletimes.com/seattle-news/h…
This is no longer about compassion or helping people, it’s about cold hard cash. These organizations are working not to transition people, but to keep them IN the camps.
“They think that everyone should want to camp for the rest of their freaking lives and have no way out of this,” said one former village resident, who asked not to be named.
Read 4 tweets
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Alexandra Goblin
@alexandraerin
Okay, the headlines and takes about "workers in cages" is actually kind of missing the biggest part of how and why this is terrible.

It's not a cage as in prison, it's a cage as in shark cage. Protective enclosure. What's it protecting them from? Robots.

seattletimes.com/business/amazo…
This device, A Shark Cage But For Robots, is Amazon's solution to the problem that it's *really* hard to create automated vehicles that are good at recognizing and protecting squishy humans, and responding to our illogical, chaotic, organic movements.
What is so bad about Amazon creating this as a device to allow humans to move through an automated warehouse in a way that robots know exactly where they are (because the device is on the network) and where the humans are protected from accidental contact via extended arm or w/e?
Read 11 tweets
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tubelite
@tubelite
1/ Once upon a time, a Company was founded to sell one particular commodity. Got very good at it.
2/ Then it diversified. Built storage and security infrastructure to run a world-class, world-straddling supply chain.
3/ Then it pivoted: "Hey, this Armed Warehouse Service we built is pretty good, why not scale and rent it out to others?"
Read 12 tweets

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