Elad Gil discusses how over-regulation in many industries increases costs and favors established companies. He highlights how regulation can increase market entry costs and create a phenomenon known as “regulatory capture,” where regulators bias towards incumbents for favors or employment opportunities in the future. This often leads to inflated costs and stalled innovation, especially in industries like healthcare and energy.
Cloud Detection and Response (CDR) company, Gem Security, has raised $23m in an oversubscribed Series A funding round. The round was led by GGV Capital