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by tomfakes
4513 days ago
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On a positive note on how to move forward on this idea, there's an example in the Seattle startup scene that is tackling a similar government regulation issue by focusing on exactly one set of regulations at a time. Remitly https://www.remitly.com/ provides a service to send cash overseas to the families of immigrants who now work in the US Sending cash has a lot of regulatory hurdles, so they picked 1 US state (WA) and one overseas country (the Philippines) to start their business, and then expanding their reach, first to other US states, and eventually to other countries. Focusing on exactly one set of regulations at each end vastly simplifies the legal issues (and costs) |
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