Remove Government Remove Hiring Remove North Carolina Remove Revenue
article thumbnail

Strangling Innovation: Tesla versus “Rent Seekers”

Steve Blank

Recently, the New York and North Carolina legislatures considered a new law written by Auto Dealer lobbyists that would make it illegal for Tesla to sell cars directly to consumers. They use government regulation and lawsuits to keep out new entrants with more innovative business models. Rent Seekers. No regulation? The result?

article thumbnail

Strangling Innovation: Tesla versus “Rent Seekers”

Steve Blank

Recently, the New York and North Carolina legislatures considered a new law written by Auto Dealer lobbyists that would make it illegal for Tesla to sell cars directly to consumers. They use government regulation and lawsuits to keep out new entrants with more innovative business models. Rent Seekers. No regulation? The result?

article thumbnail

The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

If failure is defined as failing to see the projected return on investment—say, a specific revenue growth rate or date to break even on cash flow—then more than 95% of start-ups fail, based on Mr. Ghoshs research. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.