I already felt the legal pressures from linking to facebook users profiles with a C & D[0] on bootstrapped company with a friend ($100k annualized in year 3), so I decided to move to Indonesia and will relaunch here.
>The US has seen a century of this scenario play out in every single major economic sector. We already know how it ends: stagnation, low growth, zero innovation, layoffs, and perpetual rent seeking rotting corporations with low competitive threats domestically.
Exactly, and in this day in age, it seems like even if one has the tech to compete, you can always be undermined by the incumbents dropping the ladders on the way up. Luckily, it's easier than ever to leverage other government's laws (or lack of jurisdiction) agaisnt one another.
Every regulation added to the Web/Internet, that a start-up has to comply with, is a benefit to the entrenched hyper rich giants. Regulators better be damn careful every time they lean toward giving in to emotionalism and seek to regulate as the easiest placation tool.
The US has seen a century of this scenario play out in every single major economic sector. We already know how it ends: stagnation, low growth, zero innovation, layoffs, and perpetual rent seeking rotting corporations with low competitive threats domestically.