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nayrocladetoday at 6:03 AM7 repliesview on HN

The WP reportedly lost $100m in 2024. So one the one hand, you might understand Bezos wanting things to change. On the other hand, Blue Origin reportedly loses multiple billions of $ per year, and has done for decades, which Bezos pumps in without insisting on massive cuts or layoffs.


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LarsDu88today at 7:42 AM

There's an obvious difference between the two in that Blue Origin is the gateway to multibillion dollar prospective markets that current have virtually no incumbents (other than one very big obvious one). Whereas the WP does not have any prospective future growth trajectory whatsoever b/c it's competing with the endless turd spigot that is social media.

deauxtoday at 7:05 AM

> The WP reportedly lost $100m in 2024. So one the one hand, you might understand Bezos wanting things to change.

You don't even "might understand" this, because you're intelligent enough to grasp that its profitability as a newspaper was never a factor in Bezos' desire to purchase the WP.

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phplovesongtoday at 8:37 AM

WP used to be left leaning, and with bezos the move has gone right. So naturally all readers move on to some other medium. Business 101

ballooneytoday at 7:06 AM

About the same as Bezos invested in the Melania documentary, watched by about six people.

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vascotoday at 7:50 AM

That's about 3 years of his boat's upkeep, regardless if it goes anywhere or not.

bell-cottoday at 7:36 AM

Rich businessmen have expensive hobbies, and those can look a lot like real businesses. Jeff could also buy a couple oceanographic research vessels tomorrow, spend a few years looking for sunken Spanish treasure ships, then get bored and sell the whole "business" in a liquidation auction.

Yes, Jeff and his companies keep making idealistic, pro-social statements. Unfortunately, such statements are little more than socially mandated lies. Which millions of people really want to believe - so be cautious about calling them out.

DoesntMatter22today at 6:19 AM

Blue Origin in theory could make money some day. WP definitely not

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