This Week in Startups

Andy Jassy’s lobbying efforts, small US cities enticing remote workers, Phaidra Series A | E1511

Jul 19, 2022
Amazon CEO Andy Jassy is under the spotlight as he navigates regulatory hurdles on his one-year anniversary. Meanwhile, small U.S. cities are rolling out enticing incentives to attract remote tech workers. A fascinating startup, Phaidra, is innovating in machine learning to optimize energy consumption in industrial settings. Plus, retail investors are making waves in the market, adopting unique strategies that mirror discount shopping—it's a blend of tech, strategy, and humor in the world of startups!
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ANECDOTE

Jassy's Lobbying Efforts

  • Amazon CEO Andy Jassy visited DC at least three times to lobby against antitrust legislation.
  • He met with various political figures, including Ron Klain and Senator Chuck Schumer.
INSIGHT

American Innovation and Choice Online Act

  • The American Innovation and Choice Online Act aims to prevent large digital platforms from unfairly favoring their own products.
  • This act could significantly impact Amazon's ability to promote its own brands.
ADVICE

Remote Work Incentives

  • Consider relocating to smaller cities offering remote work incentives like cash, gym memberships, and childcare.
  • These programs aim to attract tech workers and distribute economic benefits more evenly.
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