Here’s how Don Graham convinced Jeff Bezos to buy The Washington Post

Amazon CEO Jeff Bezos bought The Washington Post for $250 million in 2013. But when the paper’s owner first approached Bezos looking for a buyer, he wasn’t sure the Amazon CEO would be the right owner.”And Don said, ‘Look, we don’t need anybody that knows about the news business. We got lots of people here who know about the news business. We need somebody who knows about the internet,'” Bezos added.The internet does bring one huge gift and you have to maximize your usage of that new gift, which is that it provides almost free global distribution. So that’s how we can get hundreds of millions of readers and make very little money per reader, and have an amazing institution. And I’m happy to fund that until we get there.