The best technologies don’t always win. Sometimes, ideas get stolen. There are no rules of fairness and getting the government involved with entrepreneurship will only kill innovation.
Rules define boundaries and they constrain creativity. They focus attention toward the mainstream and their purpose is to create efficiency and yet they consume resources without adding value. The moment a rule is created, there has to be a measuring system and an infrastructure to evaluate and enforce the rule.
The Federal Government killed the potential of Startups to exit via IPO’s because they wanted to make sure we never have another Enron.
There will be plenty of barriers. That’s why we have pivots. Stay focused on the customer.
Rob Wiltbank spoke at the 2013 SSTI Conference in Portland