A 'Fuck You' in this instance is ignoring regulations that have been in place for years preventing outside competition. This is the 'disrupt' startup model.
It works well when you have lots of capital to expand and fight lawsuits.
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It works well when you have lots of capital to expand and fight lawsuits.
Identifying industries where people begrudgingly accept the status quo because they need the service but hate everything about how it's provided is your opportunity.
"A principle for taking advantage of thresholds has to include a test to ensure the game is worth playing. Here's one that does: if you come across something that's mediocre yet still popular, it could be a good idea to replace it. For example, if a company makes a product that people dislike yet still buy, then presumably they'd buy a better alternative if you made one."