Good. The idea of a couple guys in Italy making money on trades of public parking spaces in SF baffles me. I assume they're not paying any taxes back to the city that maintains the spaces. How does one possibly defend this?
Well, it typically comes across like this (if you notice depends on if you like the company):
Their disruptive innovation is just scaring the shit out of those dinosaurs down at City Hall. Local government are stupid for protecting citizenry financially and/or setting minimum standards for a service. It doesn't matter if the service model is the kind of things that the law is meant to protect or genuinely a case not considered when drafting the law. All valley business models are golden, market success makes them beyond reproach!
By increasing the cost of parking spaces, they improve the efficiency of allocation by making sure they go to people who value them at $20 before people who value them at 0.003$
Or, more likely, they live outside of US juristiction, so they have plenty of time to make a profit, and when the law does catch up to them, they are likely not looking at anything worse then needing to shut down the service.