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What has effectively happened is that VC-backed startups have discovered a weakness in the US legal system. Basically, if you have enough funding and gain enou
by GVIrish 9y ago
What has effectively happened is that VC-backed startups have discovered a weakness in the US legal system. Basically, if you have enough funding and gain enough traction, you can ignore the law with little consequence. There may be pushback eventually but once the startup is big enough they can implore customers to fight the law on their behalf.
Established big businesses flout the law in service of profit too, but often they're using lobbyists to get the law bent to their benefit.
Whoever has the gold makes the rules as it were.