I don't doubt that venture backed startups distort the market but I also can't recall anyone on H.N. complaining about it. At the end of the day, regulations ar

I don't doubt that venture backed startups distort the market but I also can't recall anyone on H.N. complaining about it. At the end of the day, regulations aren't supposed to protect incumbents business models, they are supposed to protect the consumer. As for the newspaper business, I think Craigslist is the culprit there. Traditionally, newspapers sold ads to pay for their journalists, etc. Craigslist destroyed that model. (And Craig did it on shoestring budget.)