Would you pay $250 million for a newspaper in 2013?Comments
And “affiliated publications.”
This is pretty much walking around money for Jeff Bezos, so maybe it can be modeled as consumption, as the dismal scientists say.
. . . interesting nugget from below the fold:
[Bezos] founded Amazon at 30 with a $300,000 loan from his parents, working out of the garage in his rented home in Bellevue, Wash. He called his creation Amazon in part to convey the breadth of its offerings; early promotions called the site “Earth’s Biggest Bookstore.”
These bootstraps are made for walking.