Re:Zappos CEO Tony Hsieh is stepping down after 21 years
by prawn on Tuesday August 25, 2020 @09:33PM
(#24278155)
For just part of $350m, you could comfortably bankroll 20 small businesses to effectively create the dynamic you wanted. Couple that with some drawcards to lure tourists across, free travel, etc. That would've worked.
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Re:Zappos CEO Tony Hsieh is stepping down after 21 years
by blnqr on Thursday August 27, 2020 @08:27PM
(#24300230)
You got that right, 20 startups or even 200. And they might have made a great return. Instead, they focused on bars and public art (which I think is cool btw) and made a fundamental real estate mistake by loudly announcing where they were going to buy and how much they had to spend.