25 Feb '13, 3pm

What #bitcoin can learn from Uber about regulation.

We've written a bunch about the disruptively innovative transportation company Uber , which has been running into regulatory issues with multiple local regulators. Andy Kessler recently had a fantastic interview with Travis Kalanick, Uber's CEO , concerning the regulatory battles he keeps running into. If you've followed Uber over time, very little in the interview will be surprising. It tells of Kalanick's past -- he was sued for $250 billion at one point for running Scour.com, an early file sharing site -- but also of his belief that these regulations are protectionism for legacy industries. One bit that struck me however, was his response to Kessler posing an expected question concerning Uber's penchant for launching first and dealing with the regulatory fallout later (well, and reaping the publicity rewards of complaining about being stifled by regulations): When I sug...

Full article: http://www.techdirt.com/blog/innovation/articles/20130130...

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