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- Amazon is close to announcing the location of its second North American headquarters, and many suspect that DC will be the winner.
- We asked Washington, DC startups whether they were fearful or enthusiastic about Amazon's possible arrival.
- While many of them value the company's ability to attract talent, they shared a few concerns.
In September 2017, Amazon revealed its plan to build a second North American headquarters. The new location, known as HQ2, is expected to bring 50,000 new jobs and $50 billion in economic impact to its host city. But urban economists have pointed to problems in its current home, Seattle, as an indication of what's to come.
With Amazon on the brink of announcing HQ2's location, many have speculated about which city is equipped to handle an influx of tech workers and new development.
See the rest of the story at Business Insider
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See Also:
- Bernie Sanders doubled down on his war with Amazon by introducing a bill named after Jeff Bezos
- Jeff Bezos says he complains to his staff if he goes a week without a brainstorming session, and is always working 'two or three years into the future'
- The rise of Jeff Bezos, who built Amazon into a $1 trillion company and became the richest person in modern history
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