“The conventional Silicon Valley wisdom is
to steer well clear of regulatory risk”�
JOSH HANNAH, MATRIX PARTNERS �( PASSED ON FUNDING UBER ) �
UberX�
UberBLACK�
UberSUV�
UberTAXI�
U S E R � C I T Y � T R I P � E T C . �
( TENET 1: REGULATORY R ISK IS COMPLEX ) �
UberX�
UberBLACK�
UberSUV�
UberTAXI�
LICENSING�ADA LITIGATION�
INSURANCE�LOCAL LEGISLATURES�
( TENET 1: REGULATORY R ISK IS COMPLEX ) �
U S E R � C I T Y � T R I P � E T C . �
• Slide 2 • Post-‐Its: h0ps://www.flickr.com/photos/jakecap<ve/49915119 • FTC: h0ps://www.flickr.com/photos/mulaohu/465663338
• Slide 3: Pike Place Market • h0ps://www.flickr.com/photos/argonz/6715647997
• Slide 4: Dept. of Jus<ce • h0ps://www.flickr.com/photos/vpickering/8518180983
• Slide 5: Josh Hannah • h0p://www.matrixpartners.com/team/josh-‐hannah/
• Slide 14: Congress • h0p://en.wikipedia.org/wiki/United_States_Congress
• Slide 15: Michigan Local Gov’t Conference • h0ps://www.flickr.com/photos/michigancommuni<es/6235048985
• Slide 16: Regula<ons.gov • h0p://www.regula<ons.gov
• Slide 17: Supreme Court Jus<ces • h0p://upload.wikimedia.org/wikipedia/commons/4/43/Supreme_Court_US_2010.jpg
• Slide 21: Real Op<ons Valua<on • h0p://en.wikipedia.org/wiki/Datar%E2%80%93Mathews_method_for_real_op<on_valua<on#mediaviewer/
File:Datar_Mathews_Real_Op<on_Method_Wikipedia_Fig_4_Comparison_of_Black-‐Scholes_and_Datar-‐Mathews_frameworks.png
• Slide 22: David Plouffe • h0ps://www.flickr.com/photos/barackobamadotcom/5655671261
• Slide 23: Can Financial Engineering Cure Cancer? • h0p://www.argentumlux.org/documents/Can_Financial_Engineering_Cure_Cancer.pdf
( PHOTOS ) �