News this week of layoffs at Tony Hsieh’s much-ballyhooed Downtown Project led to lots of questions about the visionary effort’s future. A lot has been written by the press and Hsieh himself about the situation, but some questions still need to be answered.
News that Tony Hsieh’s Downtown Project in Las Vegas is imploding was surprising, but not shocking. When you live in Sin City, a lot of the talk is about sweetheart deals and the cult of Zappos rather than business buzzwords and entrepreneurial paradise.
Tech Cocktail, a company that covers startup-related news and organizes events, has received $2.5 million from Zappos CEO Tony Hsieh’s Downtown Project, which aims to revitalize downtown Las Vegas.
With Threadlife, say goodbye to long video editing and finished movies, and say hello to three minute clips that can be pieced together to create a series of videos around a particular topic or idea. Co-founded by a founder of Zappos, Threadlife launches Wednesday on iPhone.
New ways of working demand new workspaces, a fact that pharmaceutical giant GlaxoSmithKline clearly understands. It’s building its second deskless office in Philadelphia, replacing cubes with fluid spaces, laptops and personal lockers, and saving money and speeding decision making as a result.
The online shoe retailer has big plans for its new downtown Las Vegas digs, CEO Tony Hsieh recently explained at Venture For America’s Summer Celebration, where he laid out his vision of the community-focused, creativity-inspiring future of the office.
Las Vegas is hardly Silicon Valley and currently has one of the highest unemployment rates in the country, but Zappos CEO Tony Hsieh has a plan to revitalize the city. Good thing he has hundreds of million of dollars and some promising startups to help out.