TechFlash: Expedia's $229M HQ move deals big blow to Bellevue; $20M startup fund

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Expedia to buy Amgen campus for $229M, move headquarters by 2018 Expedia confirmed Thursday that it will move its headquarters from downtown Bellevue to Amgen's former campus in Seattle's Interbay neighborhood. Get ready, Seattle: Expedia's 3,000 commuters are coming and it won't be pretty Seattle's crowded streets are about to get worse. And the commute for many Expedia employees Attention Seattle startups: Founders Co-op's investment fund just got 8 times larger Founders Co-op, which has backed some of the fastest growing startups in recent years, announced Thursday it raised a $20 million fund to benefit early-stage companies. When Expedia goes, so does 6 percent of downtown Bellevue's workforce Expedia has been a Bellevue fixture since it first leased office space there in 1999. It will be a massive loss for the city. Expedia's move a 'punch in the gut' for downtown Bellevue restaurants Bellevue restaurant owners say Expedia's move to Seattle will hurt initially, but will not spell the ultimate doom for the eateries. Bellevue, they say, will bounce back. Expedia move to Amgen campus underscores need for biotech lab space in Seattle Expedia's huge move from Bellevue to Seattle's Interbay neighborhood will remove precious lab space from the city, which is already hurting for places to house burgeoning biotech companies. Bring on the developers: Expedia's move could help Seattle tech companies attract talent Expedia's move to Seattle could encourage more developers to move to the city — something that will please tech companies across the region. HarperCollins, Amazon appear on a collision course The apparent conflict has been brewing for some time and echoes Amazon's conflict with Hachette last year. National Tech News Honor raises $20M to be 'Uber for in-home senior care' For Bellevue, Expedia's exit 'just a blip on the radar screen' New Phoenix delivery service allows same-day deliveries for local small businesses Get ready, Seattle: Expedia's 3,000 commuters are coming and it won't be pretty With Q1 exits way down, how long can startup valuations keep going up? Poverty rate still near all-time high in Bay Area Expedia move to Amgen campus underscores need for biotech lab space in Seattle Google eyeing launch of mobile wireless network in Hawaii Startup financials get seesaw treatment in Q1 205 Walmart stores now in Georgia

Connect with us   Companies in the News Expedia Microsoft Connector Runstad Center for Real Estate Studies 2,250 Expedia University of Washington Seattle Center Founders Co-op A. Founders Co Amazon Web Services Downtown Bellevue Association Bluccora Paccar Cactus Amgen Schwartz Brothers Restaurants South Lake Union Microsoft Washington Biotechnology and Biomedical Association Washington Technology Industry Association Starbucks New York Business Journal HarperCollins Amazon News Corp. Simon & Schuster Hachette

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