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Regulation Is Good For Incumbent Airlines

Oct 08 2023

Legendary Silicon Valley investor Bill Gurley (GrubHub, Nextdoor, Open Table, Stitch Fix, Zillow, Nordstrom.com, The Knot and Uber, and played by Kyle Chandler in Showtime’s Super Pumped) gave a talk recently about regulatory capture – that government regulation almost always benefits incumbent businesses. It’s a great talk in its own right, but also perfectly encapsulates what’s happening to upstarts like JSX.

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