Seattle-based Amazon will have no role in the purchase; "Bezos himself will buy the news organization and become its sole owner when the sale is completed, probably within 60 days. The Post Co. will change to a new, still-undecided name and continue as a publicly traded company without The Post thereafter."
"I spent two years and a summer as a junior banker. I knew from the get-go that I never wanted to be a career Wall Streeter. I viewed my time in banking as a continuation of my education. And you know what, from that perspective it was incredible. The nearly undeniable reality is that the skills and knowledge acquired in banking are remarkably valuable and broadly applicable throughout ones career. Contrary to uninformed opinion, it is not all about spreadsheets and powerpoints - it’s about understanding flows of cash through companies, analyzing markets, thinking critically about strategy and competition, and importantly, identifying and valuing opportunities."
This is so far from the truth. Most junior bankers come away learning little relevant or valuable towards actual business and the startup world.