Isn't this basically the story of big startups in last 10 years? - Upend an industry - either by evading existing regulations until you're too big to stop or w

Isn't this basically the story of big startups in last 10 years? - Upend an industry - either by evading existing regulations until you're too big to stop or with unsustainable pricing, availability, and/or quality of service by burning VC money. (or both) - Try to become profitable. - Find out why said industry had regulations/poor margins/bad service/limited availability when VC money runs out. Examples are numerous, but top of mind for me are Movie Pass and WeWork because they were so obviously never going to be profitable. It's also weird that companies like this get labelled "tech companies".