How Bezos Messed With Texas
theodp writes "The WSJ has the behind-the-spaceport story on Amazon CEO Jeff Bezos' Texas land grab for his Blue Origin space tourism venture. Bezos deputized an attorney (who once handled Amazon SEC filings) to make ranchers offers they couldn't refuse (and can't talk about), acquiring property through corporate entities with monikers including 'James Cook L.P.,' 'Jolliet Holdings,' 'Coronado Ventures,' and 'Cabot Enterprises' — all named for famous explorers and all using the same address, c/o [Star Trek-monikered] Zefram LLC. BTW, FAA temporary flight restrictions are in effect for Blue Origin until Monday ('DUE TO ROCKET LAUNCH ACTIVITY'). Let's hope it's more successful than Blue Origin's maiden flight."
He kept his identity a secret as is standard in most multi-property deals. The reason being that somebody could start a bidding war for some critical piece of land and potentially screw you out of a lot of money. As it was he paid a considerable amount for land that was suffering from a drought. The locals main complaint seems to be that he (a) won't support their local development ventures and (b) won't return their phone calls. The ones that got bought out sound happy enough. The only real part of this story was that Jeff Bezos purchased a plot of land in Texas for Blue Origin and that's not how it was spun.