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by svmegatron
4309 days ago
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> The regulations barriers are immense and the security and compliance problems are legion. Paging Uber ... I am kidding, kind of. I do wonder what would happen if a well-capitalized startup did something in this space. Provide services directly based on the hope/promise/belief of future repayment? |
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There's a problem with this line of thinking... A statup is a company that lacks capital, and compensates that by an improved supply of other kinds of resources[1]. Compared to a mid-sized company budget, VC rounds are change money.
Red tape and government bureocracy are common examples of problems that can be solved with money (== people's time, not competency), and nothing else. Startups in that enviroment either discover one of the few exceptions or die.
[1] Besides other constraints you may want to apply to that term, like high growth potential. The point is, that one constraint is there.