Is n’t regulation a hurting in the ass ? Airbnb sure seems to recall so .
Both house of the the New York State Legislature passed a bill that would fine New York City residentsup to $ 7,500for let out their flat on Airbnb . Even though it ’s been illegal in New York City to lease out your home for less than 30 24-hour interval since 2010 , this bill would serve to enforce those laws with actual fine . So Airbnb enlisted a little help from its ally to petition New York governorAndrew Cuomotovetothe bill .
A missive contract by actor - ejaculate - venture capitalist Ashton Kutcher , the tech billionaire who bankrupted Gawker mediaPeter Thiel , human shape of aTwitter eggMarc Andreessen , one of the Facebook founders who ’s not Mark Zuckerberg , and other technical school giants sends a warm message to Cuomo . An excerpt published by the Wall Street Journalreads ,

“ As investor and industriousness leaders , we believe in the commodity that Airbnb and home share-out have done for resident of New York , ” the missive states . “ We implore you to reaffirm your commitment to further technology and innovation . ”
That ’s correct , cuss . Every good Silicon Valley son knows that regulating stiflesinnovation !
While assemblywoman Linda Rosenthal does n’t know whether Cuomo will sign the bill into police , shedid tellthe Wall Street Journal that “ a letter of the alphabet from Ashton Kutcher probably wo n’t make a smidge of remainder . ” Ouch . Adding insult to injury she then added , “ He ’s seek to punk me . ” Guess the lesson of the story is you’re able to never get by where you come up from ? Oh , and rich citizenry do n’t care regularisation . That too .

[ Wall Street Journal ]
AirbnbAshton KutcherMarc AndreessenPeter Thiel
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