Aereo's story is a cautionary tale for startups that push the law in their efforts to disrupt.
"Ask forgiveness, not permission" is an old adage you will often hear from startups that leapt ahead of their competition by taking risks and pushing legal boundaries. The strategy is often lucrative—just look at Uber, which has flouted local laws around the world and is currently valued at more than $40 billion—but not always. Aereo, a startup that streamed TV to customers before the U.S. Supreme Court struck down its business model, today has been slammed with a judgment to pay out $950,000 to broadcasters, Bloomberg reports.
No comments:
Post a Comment