Strangling Innovation: Tesla versus “Rent Seekers”
Steve Blank
JUNE 24, 2013
The banks lobbied regulators in Louisiana , New York , California, and Idaho and soon they were issuing injunctions forcing PayPal to delay their IPO. for high-volume lower cost cars and by continuing to innovate. As the company grew larger, incumbent banks forced PayPal to register in each state. In contrast, U.S.
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