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A Jeff Bezos letter from 1997 about 'reversible decisions' sheds some light on the shock Amazon HQ2 u-turn

Business Insider Friday, 15 February 2019
A Jeff Bezos letter from 1997 about 'reversible decisions' sheds some light on the shock Amazon HQ2 u-turn· *Amazon announced on Thursday that it is abandoning its proposed HQ2 in Queens, Long Island City following fierce political opposition.*
· *The change of direction was welcomed by some politicians and lamented by others.*
· *A 1997 letter to shareholders from Jeff Bezos sheds some light on his approach to reversing big...
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News video: Amazon Bails on Queens, Leaving Real Estate Speculators Holding the Bag

▶ Amazon Bails on Queens, Leaving Real Estate Speculators Holding the Bag 01:44

If you are among the many who bought a condo in a glassy high-rise on the Queens waterfront sight unseen ー via text message ー when news broke last fall that Amazon was coming to town... well, that decision may not look so smart in the cold light of day on Friday.

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