With "net neutrality" no more after a federal appeals court ruling on Tuesday, one prominent venture capitalist believes the decision will be a nightmare for startups entering the marketplace. Fred Wilson, a venture capitalist with New York-based Union Square Ventures, frames the decision — which could allow internet service providers to charge more or restrict access to certain content on the web — as David vs. Goliath for startups of the future facing off against well-established tech giants.
"With yesterday's court ruling saying that the FCC can not implement the net neutrality rules they adopted a while back, this nightmare is a likely reality," Wilson wrote on his blog. "Telcos will pick their preferred partners, subsidize the data costs for those apps, and make it much harder for new entrants to compete with the incumbents."http://www.businessinsider.com/fred-wilson-net-neutrality-2014-1