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I think you're extrapolating a bit too much. First off, those who are regulating are not those who founded tech startups. Additionally, if the general startup c
by dylandrop 13y ago
I think you're extrapolating a bit too much. First off, those who are regulating are not those who founded tech startups. Additionally, if the general startup credo is "Move fast and break things", well, people shouldn't be surprised if they get fined.
If these schools are charging $17K tuitions and are being fined a possible $50K, that seems like a bit of a slap on the wrist. Furthermore, a lot of these regulations are in place for a reason -- and if startups want to break regulations, then they well know they're getting into shady territory. This is hardly "nanny state" behavior -- a good deal of these infractions are warranted (FDA's shutdown of 23andme, transportation on Uber and Lyft), but it varies on a case-per-case basis. I'd much rather live in a place that aired on the side of too cautious rather than just let random folk start whatever they want, causing harm to those around them.
In this case in particular, I'm glad they're regulating this stuff. We see randoms every day applying to work at our startup who have finished these hack-bootcamp things, and they frankly just don't have what it takes to work in a professional environment.