The Big Story: SHOP SAFE bill advances despite potential to harm e-commerce startups and small businesses. In a first vote this week, the House Judiciary Committee advanced the SHOP SAFE Act, a bill that would create substantial costs and risks for e-commerce startups—making it harder for them to compete—and erect new barriers for entrepreneurs and small businesses who want to sell goods online.
Tomodachi is a social learning platform that enables students to create unique content and present work to audiences beyond the classroom. Started by a wife and husband duo, Na Xue and Ken Lo, with the mission of creating meaningful educational connections and providing a global, inclusive learning environment. We had the chance to speak with Na Xue—a former educator and co-founder of Tomodachi—about the origins of the company, regulatory challenges in EdTech, and the challenges women founders can face when building their startups.
Today, Engine, along with the Charles Koch Institute and Startup Genome, issued a report looking at the overall health of the startup ecosystem. We hope this report can serve as a resource for policymakers considering a wide range of policy issues that impact early-stage companies across the country.
It may sound like a cliched talking point, but it’s true—small businesses are the lifeblood of the U.S. economy. And that includes the small businesses of the technology sector, the thousands of innovative, tech-enabled, high-growth companies across the country that make up the U.S. startup ecosystem.
The Internet has transformed the modern economy, led to new technological developments, and given rise to digital trade. Internet-enabled companies are able to reach users and customers across the globe without a brick-and-mortar place of business, but non-tariff barriers — such as forced data localization, imbalanced copyright law, and various restrictions on user speech — can prevent startups from competing abroad.
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