Re:Uber Sets Valuation Record of $17B in New Funding
by vehementi on Friday June 06, 2014 @03:43PM
(#7859942)
Big enough to change the rules, or big enough to absorb whatever fine they wreck you with. $1 billion in fines for making $10 billion you shouldn't've been able to make in the first place? Good deal!
Re:Uber Sets Valuation Record of $17B in New Funding
by willgetdeaded on Friday June 06, 2014 @03:38PM
(#7859926)
Yep. The AirBNB folks engaged in flagrant spam, sending out fake unsolicited emails from fake identities, and refusing to remove anybody who wanted to stop receiving them.
But now Chesky is rich, so he gives away money and pretends that he's something other than an enormous fucking asshole.
I completely agree with you, but at the same time, for whatever reason companies (Uber / Airbnb) have been able to completely ignore rules & laws to the tune of tens of billions of dollars (in valuations).
It's almost "might makes right": ignore rules and grow as fast as possible, with the hope that you'll grow faster than the legal system can take you down. By the time the legal system could do anything, you're big enough to change the rules.