They might be masters of innovation in some areas, but startups like Airbnb, Uber, Sidecar and Fitbit are finding that when it comes to Washington, D.C., the old ways are the best.
In the last few months, several young tech companies have put their faith in the power of money to influence government policy and regulation. Some lobbied the federal government for the first time, while others expanded lobbying efforts by opening dedicated offices in the U.S. capital.
The companies pursuing these efforts tend to be those challenging existing business models, in areas like the sharing economy and streaming content over the web. And when new business models arise, they often bump up against aging regulations.