The Odd Philosophy Behind Jeff Bezos's Weird Investments

What a spaceflight company and a big, weird clock tell us about his purchase of the Post
bezoslaugh_650.jpg
Reuters

So Jeff Bezos is buying The Washington Post, transferring ownership of the newspaper from one century, and one kind of coastal wealth, to another. And, on Twitter, after the "Whoa!" reactions died down, and the various financial justifications filtered out, and the questions about his political stewardship of paper went unanswered, another kind of Bezosalia began to circulate...

...namely, all the weird stuff Jeff Bezos owns.

Oh, yes, he founded and still serves as the CEO of Amazon.com, the retail behemoth that began selling books and now sells almost everything: Web hosting (to both Instagram and the NSA), tablets of its own design, magenta and green carriers for your pet ferret. But he also founds or invests in ventures of a more eclectic interest, including:

  • Business Insider, an aggregator and finance news site founded by Henry Blodget. Bezos invested $5 million in BI earlier this year. According to the Post's Andrea Peterson, BI has upped its reporting game since.
  • Blue Origin, a private company which hopes to lower the cost and improve the reliability of manned spaceflight. Blue Origin unveiled its prototype, a gumdrop-shaped spacecraft, Goddard, in 2007, and crashed it (by accident) in 2011. Its staff includes rocket scientists and it tinkers away in Texas.
  • The Long Now Foundation, a non-profit which famously hopes to build a clock -- a big mechanical one -- that fulfills the inventor Danny Hill's dream:
    "I want to build a clock that ticks once a year. The century hand advances once every 100 years, and the cuckoo comes out on the millennium. I want the cuckoo to come out every millennium for the next 10,000 years."
    Hill joined Stewart Brand (publisher of the Whole Earth Catalog) to form the Long Now foundation, into which Bezos has invested "at least $42 million," according to a Wall Street Journal report last year. So far, the Long Now Foundation has drilled into the side of a mountain in Texas.
  • Recovering, from the seafloor, the rocket engines that took Apollo 11 to the moon. In April, Bezos led a team of deep sea divers to photograph the engines "in situ" and recover some of the most important chunks of ex-rocket. "We want this hardware to tell its true story, including its 5,000-mile-per-hour re-entry and subsequent impact with the ocean surface," he told the LA Times.

Even NASA was excited about the recovery of the Apollo 11 rockets. "We look forward to the restoration of these engines by the Bezos team," NASA administrator Charles Bolden said, "and applaud Jeff's desire to make these historic artifacts available for public display."

image_8_lg_650.jpg
The Apollo 11 F1 rocket's thrust chambers on the ocean floor (Bezos Expeditions)

And perhaps NASA is the key to understanding these rich man's toys. In Blue Origin and the Apollo 11 recovery, there's a hope and respect for space flight. Outer space inspires Bezos, who was five when Armstrong took his first step, and he explicitly hopes it will inspire others too: "We're excited to get this hardware on display where just maybe it will inspire something amazing," he wrote afterwards.

Presented by

Robinson Meyer is an associate editor at The Atlantic, where he covers technology.

The Blacksmith: A Short Film About Art Forged From Metal

"I'm exploiting the maximum of what you can ask a piece of metal to do."

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

An Ingenious 360-Degree Time-Lapse

Watch the world become a cartoonishly small playground

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

Video

The Rise of the Cat Tattoo

How a Brooklyn tattoo artist popularized the "cattoo"

More in Technology

Just In