Excellent tweet.
uber never asked the government for permission to exist, and the media has never forgiven them. two questions in descending order of importance: 1. had uber asked permission, would they today exist? 2. if such permission is expected for legal behavior, what is freedom?
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Airbnb would have spent years lobbying each city they go, and would have ran out of money before they could reach any meaningful scale
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As far as I'm informed, Airbnb operated in a grey are, because there was no legislation that was applicable. Uber knew that there were rules, but decided to willingly ignore them.
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An amazing piece of revisionist history is how the kinder uber actually broke all the rules early on and uber was actually working with regulators and then realized that the regs dont make sense and the new way is much better for everyone except taxi co owners
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The whole new mobility industry wouldn’t exist. At least not at the same scale and level of investment.
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Goes to show holding biz related regs too scared has such an unbelievably high opportunity cost and also highlights how regs are fundamentally backward looking.
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It's one thing to push boundaries and challenge the status quo. There would be only incremental innovation if not. It's another thing to blindly break rules. The legal framework is also in place to protect freedom of others and not let the bullies decide what happens.
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Exactly. Dockless or free floating devices are a blatant misuse of public infrastructure. Not just any infrastructure, our most valuable and congested infrastructure. Dockless is not scalable. Dockless is not profitable. Micro mobility is here to stay but dockless is not
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Permissionless innovation is the backbone of US economic growth, and governments are biased toward incumbents. If we start restricting growth just to avoid the growing pains, we're sunk.
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travis was an unbridled capitalist, in the howard roarkian sense, and the media couldnt have that
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sounds dreamy
@travisk
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