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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (46712)2/16/2019 1:26:12 PM
From: Elroy Jetson2 Recommendations

Recommended By
Frank A. Coluccio

  Read Replies (1) | Respond to of 46803
Google has quietly expanded their presence in New York and a lot of cities. Next will be Toronto. And Google has received the same local subsidies Amazon finally obtained.

But Google has done it without Amazon's loudly promoted "contest" - - which is one of Jeff Bezos's worst decisions ever.

Do you think it would be easier placing cellular anntennae or fiber cable by announcing a big public contest to determine the best sites? You're expending time and money to involve millions of people who wouldn't normally be part of the processs and would not have noticed or cared what you were doing.

In addition to making the process harder, he pissed off twenty or so cities he probably had no intention of considering in the first place.

I almost sold my Amazon stock when I heard about the "contest".

To: elmatador who wrote (46712)2/16/2019 9:01:30 PM
From: Frank A. Coluccio  Read Replies (2) | Respond to of 46803

I can understand your snap impressions on this matter. You should be aware, however, that Google has been dropping billion dollar bombs up and down some of the more LIC-like neighborhoods within Manhattan, not Queens or Coney Island, and doing so in a relatively quiet manner sans any apparent narcissistic motivations.

They're doing business, is all, and have been doing so for about eighteen years.

Despite those facts, even Google's activities have been responsible for some level of neighborhood tensions, but without grandstanding. I dare suggest that an Amazon move onto the campus grounds, and surrounding environs, of LIC's LaGuardia Community College would not have taken many of these issues into account.

As a capitalistic leaning individual, who was once active in union affairs (about fifty years ago) and can still see reasons for their existence, today I'd love to see a fortune like the one being discussed here dropped into my 'hood, but only when an equitable balance exists between stakeholders - something I had not seen discussed very much relating to this deal, leastwise not prior to now.