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They wouldn't have, had they actually obeyed the same laws and regulations. Instead, they offered a nearly identical service (arranged via app rather than hail
by zdragnar 6y ago
They wouldn't have, had they actually obeyed the same laws and regulations.
Instead, they offered a nearly identical service (arranged via app rather than hailing streetside) and skirted around all of the regulations that had kept the incumbents entrenched for so long.
- 8note 6y agoYes, and? This agrees with the statement that small companies are fluid and can find ways to work with regulations. Coming up with ways to avoid is that.
- zdragnar 6y agoI do not believe that violating the spirit, if not the letter, of laws and regulations is a good strategy for enabling small teams to disrupt large incumbents. If we want a healthy market where small and large players alike can thrive, enabling regulatory capture and expecting small players to ignore regulations as long as they can is just bad policy.
- dkdk8283 6y agoIn every business I’ve been in success can be traced back to the wilingness to something grey. If you can find a loophole, profit.