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I think a big part of this math is avoiding huge balance sheet write downs on unoccupied real estate. When Amazon was heavily investing in SLU in the 2010's th
by hn72774 2y ago
I think a big part of this math is avoiding huge balance sheet write downs on unoccupied real estate.
When Amazon was heavily investing in SLU in the 2010's they purchased all of their leased offices from the developer, Paul Allen's company.
It's the GE-ification of Amazon. Financial engineering with little care about employees or customers.
- downrightmike 2y agoThen the C suite can just make coffee at home and stop eating avocado toast