" the taxi system is a fundamental component of the transport infrastructure."
Startups, VC's and angels don't want to consider any points like that. They only care about how they can get a part of the pie (like any business.) VC and angels are business people who are motivate by profit (full disclosure: so am I). Startups are started by people who simply think everything from the old way of doing things is bad and needs to be overturned and not to trust anyone over 30 as the old saying went.
Along these lines I'm waiting for startups to try and "disrupt" the liquor control system (and liquor licenses) that are in place in various communities across the country for good reason even though legacy owners profit from that "restriction of supply" as well.
Liquor controls are an example of a genuinely obsolete regulatory regime, as are distillery licenses.
On the other hand, as we can plainly see, late-night permits and ABC licenses in California are a matter of open conflict between residential and commercial parties.
Startups, VC's and angels don't want to consider any points like that. They only care about how they can get a part of the pie (like any business.) VC and angels are business people who are motivate by profit (full disclosure: so am I). Startups are started by people who simply think everything from the old way of doing things is bad and needs to be overturned and not to trust anyone over 30 as the old saying went.
Along these lines I'm waiting for startups to try and "disrupt" the liquor control system (and liquor licenses) that are in place in various communities across the country for good reason even though legacy owners profit from that "restriction of supply" as well.