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This is inaccurate. Some of the most successful startups in recent memory made their bankroll by skirting regulations. It eventually catches up to them, but by
by dimitrios1 6y ago
This is inaccurate. Some of the most successful startups in recent memory made their bankroll by skirting regulations. It eventually catches up to them, but by then they've made a decent sized war chest to comply and plow forward. Eventually the startup just becomes the next established player. Rinse and repeat.
- jnmandal 6y agoYeah I mean, there is practically a cookie cutter framework for building successful startups based on industries with regulations that are protective or restrictive (depending on you look at it) enough to skew markets.
- jgalt212 6y agoPlease cite some examples from "heavily regulated industries".
- whimsicalism 6y agoUber is the canonical one.
- dimitrios1 6y agoThe one you are literally commenting about. Uber. Medical Software / Device startups. Energy startups. The list is too long. A basic search will yield you bountiful results.