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I worked in mobile financial services in many countries. Step 1: find the "Regulortunities"

• agustif 6y ago
  So is this a port-manteau of Regulatory+Oportunities? What is that? Like any tax avoidance scheme as in legal but unfair/unethical??
  • Leherenn 6y ago
    It doesn't have to be so negative I think. There are two broad classes: changing regulations and clarifying/improving existing ones. The former are the easier ones, a shift in regulation can create new markets (and destroy others). Let's say there's a new mandated requirement for banks, if you can provide them with a solution then you have a very captive market. Conversely, sometimes new possibilities arise, e.g. instant transfers. The changing regulatory framework create vacuums to fill, and contrarily to new technologies, you don't have to be on top of the game to fight in those spaces, just on point and on time. As for the latter, sometimes things are done one way because navigating the regulation is so complex that no one really wants to do it. There's already a solution, it works decently, why bother. However, as time goes by, cruft accumulates, or maybe technology makes it now easier to solve the problem or circumvent regulation. If you're willing to do the work, then you can disrupt the existing market. I would class Uber and Airbnb in this category. It doesn't have to be illegal though, it's just that regulation is often unclear, especially if you go into the details, or in some new situations that did not exist when it was written.
• bryanrasmussen 6y ago
  shouldn't that be RegOps?