Daily Fantasy Sports’ Losing Strategy

DraftKings and FanDuel are in trouble, and here’s why: they created a regulatory void that every possible U.S. regulator or legislator is looking to fill. After raising more than $700 million in capital and spending over $200 million in advertising over just ten months, DraftKings and FanDuel are facing a federal investigation after firms failed to put in place self-regulation … Continue reading Daily Fantasy Sports’ Losing Strategy

Uber & Airbnb Find Common Ground with Municipalities

Uber and Airbnb are cultivating better relationships with governments by… offering the government a direct benefit. Airbnb helps Portland and San Francisco with emergency preparedness by connecting them with hosts who might offer free lodging in case of disaster, and Uber helps Detroit get its jurors to the courthouse. In an ideal world, governments would be responsive to … Continue reading Uber & Airbnb Find Common Ground with Municipalities