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The Fountain #5: Overcoming Regulatory Roadblocks, Bio-Contech Summit, and Meeting Vitalians Worldwide

Author

Tails Pineda
May 10, 2024

Hi there! This week's newsletter includes a new educational section that aims to provide you with valuable and practical guidance. We're also sharing where you can meet up with Vitalians worldwide and a special pre-announcement for this summer!

🏛️ Town Hall Recap · May 10, 2024

You can join in person or online every Friday at 10:30 am CT Honduras Time!

Kudos

  • To Jason Heartgrave for his birthday and a fun karaoke party night! (We love karaoke!)

  • To all Vitalians worldwide and for keeping the community so knitted together!

  • To Pedro for being all around at events in the space! Below is more info on where Vitalia will be present for you to meet up with the community!

News - On-Site

  • Bio-Contech Summit coming soon and updates!

  • Coming Soon: Vitalia LaunchPad Summer Program (Mid-June to July) – Stay tuned, as you'll receive a special invite for this summer this week!

News - Off-Site

  • The next Physical Infrastructure Workshop is this Wednesday, May 15, at 10:30 AM Roatán time. Sign up here: lu.ma/axzxd1ay

  • The recordings from the past Safe Harbor event will be uploaded on YT @vitalia-city by this Sunday. Subscribe so you don't miss them.

🛠️ 2 Weeks Left For The Bio-Contech Summit!

Have you reserved your flight yet?

We're so looking forward to welcoming back dear Vitalins, who were here in the early days, just as much as we're looking forward to welcoming new members!!

Reasons To Come!

  • Bryan Kaplan will join us!

    • He's the author of the new book Build Baby Build, which examines the nonsense of housing regulations and how we could do it much better here.

    • He's also a master of Dungeons & Dragons, and we can't wait to play his own edition!

  • Eli Dourado is also coming!

    • He's one of the masterminds in different areas of deep tech, crypto, and biotech.

  • We'll be working with Nomad Nation and Geoship, masters in the industry! (Someone said creativity and hands-on building? 👀)

Do you remember in a past newsletter, I shared a graphic illustrating how when you have a legal foundation that works in your favor, you can develop your businesses by leveraging that?

Well, the time has come, and we're about to build!

We want to welcome you this May to this dynamic and interactive event — Sign up here: lu.ma/contech24 (remember you can also participate online).

🤓 Quick Ed

How to leverage political incentives to change regulations that benefit your business.

Let's say you're developing your business and have your new product/service in a particular location.

It's time to get it to market, exciting!

Oh no, but… You just ran into regulations that don't allow you to do so.

Is this the end of your business? It doesn't have to.

Then, what do you do?

So, whether it's a monopoly protected by regulations so they do not get threatening competition or a set of laws that don't allow your product directly, you can do some things.

Option 1) Get your business based in Vitalia and leverage Próspera's legal framework 😉, or

Option 2) Leverage political incentives to change some regulations

Let me elaborate briefly:

So, there it was, Uber a while ago, trying to expand operations to New York. They got hit with a cease-and-desist letter from the Taxi Limousine Commission in NY right away.

A request for them to stop trying to get their business there, backed by law…

As you may know, Uber now operates in NY, and not only them but more similar services!

What happened?

Every policy output is the result of political input. Every politician makes every decision based on their benefit to reelection.

"Politicians will do what you want in one of two cases: 

  • (a) they think you can help them win their next election, or 

  • (b) they think you can cost them their next election.

Otherwise, you don’t matter at all."

So, how do you use political incentives to achieve the outcomes you need to succeed in your business?

  • For point a – Negotiate directly with politicians to help them achieve the benefits that they want through your business. (eg, they want voters; if your product helps X% of people and they allow your product, the politician is the hero who will get those votes from those people).

  • For point b – Leverage your customers as political advocates. (eg, if the politician doesn't allow this product that will help X% of people, they will lose those votes).

Bradley Tusk was Uber's first political advisor and was instrumental in developing its strategy to disrupt taxi monopolies. This is one of the most fascinating stories in the recent history of regulatory hacking.

Listen to this episode if you want to learn more about changing regulations by leveraging political incentives: strandedtechnologies.com/p/ep-83-bradley-tusk-the-uber-story/

💡 Vitalia Quick Tip!

Questions? Answers!

The new Wiki 3.0 has been updated recently. Polished and with a fresh look – Find all of the information about Vitalia here: wiki.vitalia.city

🌎 Say Hi – Vitalians Around The World!

Vitalia will be present in Europe and the US these weeks! If you're around, make sure to say hi to Pedro, Niklas, or Nelson!

In Europe:

In the US:

  • EdgeCity in Healdsburg, CA, we'll be there during the first two weeks of June

  • Grindfest in Tehachapi, CA, on May 24 - 26 by the Augmentation Limitless Lab

I hope you found value in this week's newsletter! (Stay tuned for your special invite for this summer ☀️😁)

Have an enjoyable weekend!

Tails & the Vitalia Team

​​​🖖🏻😊

PS – Can you think of someone who'd find value in this email?, share it!