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But it clearly cannot work in this case for the reasons I've listed. So the idea that they're going to try to do that instead of continuing to the trajectory that has them rising faster in value than any other companies in history is hard to justify on grounds other than the belief that going forward without regulation is legitimately dangerous. These are at the very least dual use technologies, the idea that we're not going to regulate them is crazy.
The "reasons you have listed" are just you assuming your own conclusion.
The entirety of your case is assuming a boat load of contradictory incentives. You've not bothered to actually make a case for how this regulatory capture could work or why it would be preferable to just continuing the status quo.
Because winning pretty big for all time is much better and more legible for IPO than a small chance of winning very big before being beaten out by a competitor who doesn't have to service your massive and entitled customer base or deal with your office politics and legal woes.
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