This articles how information transparency (FOIA) can boost overall market, even if individual players may not find that compelling (e.g. Sequoia Capital). Sim

This articles how information transparency (FOIA) can boost overall market, even if individual players may not find that compelling (e.g. Sequoia Capital). Similar past examples: 1. Employment at will. Individual company may be in disadvantage, but it is one of the main advantage of Silicon Valley ecosystem. 2. California Labor Code 2870. Tl;dr: Any IP created in your spare time on your own equipment in area unrelated to employer is always yours. A lot of companies may prefer simple assume all IP is their while you work there, but it can't hurt startup creation. Future hypothetical examples: 1. Information transparency of VC market. It gotten better, but still a lot of things are private. It creates informational asymmetry that favor incumbent power players than newcomers. 2. Limited access to investment opportunities. Very, very few people can invest to VC. Likely way less than 0.01% of global population can do it. Even if you are wealthy individual there is no way to give $10k for 10 years to any top-tier USA VC. What if there would be equivalent of stock exchange for VC/startups. Likely it would have very limited liquidity and very different rules, but it may bring economy growth on next level.