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JEFF BEZOS ON BUYING THE WASHINGTON POST: I Don't Have A Plan

Jay YarowAug 6, 2013, 02:19 IST

Associated PressAmazon founder Jeff Bezos just shocked the world by paying $250 million for the Washington Post.

What is a tech entrepreneur going to do with a newspaper? Bezos doesn't know!

In an interview with the Post, he said, "I don’t want to imply that I have a worked-out plan ... This will be uncharted terrain and it will require experimentation."

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.