Originally posted as a Twitter thread on December 17, 2021

Many of the best entrepreneurs *welcome* intelligent regulation because it prevents the tragedy of the commons — where the only way to “win” is to do underhanded things. I lived this in 2009 with sketchy ads in offer-based payments…and wrote this:
https://techcrunch.com/2009/11/03/tragedy-of-the-social-gaming-commons-a-blueprint-for-change/

Government and platform (yes, some platforms have that much power) regulators do customers *and* entrepreneurs a favor with smart regulation, because it forces companies to compete on who can do the best job for the *customer*