- One problem with billionaires is that they're so rich they no longer have rational incentives. To someone like Bezos, the financial performance of WaPo is wholly irrelevant, and so the only "incentive" is to satisfy emotional urges, such as breaking something just to show he can.
- WaPo's Matt Murray told staff the paper is shuttering sports, moving remaining staff to features, shrinking foreign coverage, restructuring metro, closing books coverage, suspending Post Reports podcast “Whole company now waiting for a live or die email” one staffer said More in tonight’s Status
- this has been bothering me a lot over the years after issues with landlords, corporate bosses, etc. nobody at the top is required to do things that make sense. nobody at the top is required to do things which are beneficial. nothing stops them from fucking things up for *no reason*.
