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Wouldn't it make sense for a startup to begin in a single state and only expand once they have enough money/time to comply with laws and regulations in other st
by idbehold 9y ago
Wouldn't it make sense for a startup to begin in a single state and only expand once they have enough money/time to comply with laws and regulations in other states?
- IncRnd 9y agoFrom your statement is a great parallel to Uber, which ignores local laws and has never made a profit. Yet, Uber is thought of by many as a successful company. Many times companies grow in order to continue to be able to grow.
- JumpCrisscross 9y agoDepends on your technology. I used to finance satellites. State-by-state rules were a driving reason (for being-launched and yet-to-be launched constellations) behind most operators settling on selling bandwidth to ISPs, who have compliance and regulation figured out, versus trying to compete with them.