The unicorn killer: Why regulatory risk keeps destroying startup value and what to do about it

The article discusses the detrimental impact of regulatory uncertainty on startup valuations, highlighting the tension between federal approvals and local prohibitions. This situation creates a challenging environment for emerging industries, as they struggle to navigate inconsistent regulations that can stifle innovation and growth. Understanding these dynamics is crucial for investors and entrepreneurs alike, as it underscores the importance of advocating for clearer regulatory frameworks that can support rather than hinder progress.