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Sounds like Bird was trying to Disrupt property taxes. (Seriously why do companies like this not just pay their bills)
by olliej 4y ago
Sounds like Bird was trying to Disrupt property taxes.
(Seriously why do companies like this not just pay their bills)
- vorpalhex 4y ago"Move fast and don't pay taxes" or something. I think that's how the startup mantra goes. Maybe it was "Break laws and avoid jail".. no hm...
- deleted 4y ago[deleted]
- thawaya3113 4y agoAlmost all of these companies have a single business model. Regulation arbitrage. They break laws and regulations and then count on either having those changed in hindsight or having a valuation as a result of breaking those laws and regulations that is much greater than the fine they will negotiate down later anyways. That’s the Uber model. Along with passing on unwitting costs to their employees, and not paying them enough because they call them gig workers.
- rodgerd 4y agoBecause it's worked well for Amazon (ignore sales taxes), Uber (ignore... everything), AirBNB (ditto), and a long list of other "existing thing, but on a computer" businesses.