Many of the new reforms proposed by the Treasury Department aim to reverse bad effects of a 2012 law, freeing entrepreneurs to innovate while still safeguarding potential investors.
Beneath the long history of findings that sing the praises of firstborns, there’s another, interesting story to tell about their economic Achilles’ heel.
When new startups show up on the scene, the knee-jerk reaction of bureaucrats is to hobble the new players instead of liberating the whole industry.
Government regulators clog a new way to let small businesses raise capital from crowdfunding.
For libertarian and Paypal cofounder Peter Thiel, the startup has replaced the country as the object of the highest human ambition.
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