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The funny thing that in the us it's easier to raise money and get permits to develop electric and autonomous cars and to start a space exploration business than
by znpy 6y ago
The funny thing that in the us it's easier to raise money and get permits to develop electric and autonomous cars and to start a space exploration business than to develop a business in cheap, fast and reliable internet connections.
- burntoutfire 6y agoHow do you know that it's easier?
- znpy 6y agoI've seen that happen.
- toast0 6y agoThose other businesses have an opportunity for profits though. If you build a nice car, you can sell them at a premium price and the big automakers aren't going to compete until your unit numbers are big. If you make autonomous cars, that could certainly make money, and you get R&D tax incentives in the meantime. If you make cheaper space transport, the competition is still locked into their high cost systems. If you wire up a rural area, there's not a lot of customers and probably they won't be willing to pay premium prices. If you overbuild an existing area, you usually have to compete with the incumbent telco and cableco and both of them can use other areas to subsidize network upgrades and price drops, so you can't charge a premium price.
- DeonPenny 6y agoBecause people can build private ISP from their garage now a days. Many small communities and in some cities have done that for like 20k
- paxys 6y agoOnly one of those requires digging up your yard.