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Additionally, the particular mix of attributes you bring up (few and far between options for huge near-term growth) heavily incentivizes exploiting weaknesses i
by mlthoughts2018 8y ago
Additionally, the particular mix of attributes you bring up (few and far between options for huge near-term growth) heavily incentivizes exploiting weaknesses in laws and/or outright violation of laws, because one of the only formulaic ways to displace entrenched incumbent businesses is to look at where they are forced to operate inefficiently due to obeying laws and then undercut them by operating more efficiently and skirting / violating those laws.
If you take a premise that society is better off most of the time if the business is less efficient but the law is obeyed, then it makes the whole concept of modern VC-backed startup businesses generally a destructive endeavor on society.
Obviously not in every individual case, but overall and pretty consistently in the largest growth start-ups.