8 ms·
> Strike 3 - 4% of your TOTAL GLOBAL REVENUE (or 20mil EUR, whichever is higher) 20mil EUR even for zero revenue?!
by 77pt77 9y ago
> Strike 3 - 4% of your TOTAL GLOBAL REVENUE (or 20mil EUR, whichever is higher)
20mil EUR even for zero revenue?!
- Espressosaurus 9y agoTurns out it's a bad idea to ignore regulators enforcing the law.
- M2Ys4U 9y agoYes, but who exactly is processing personal data with zero revenue?
- tajen 9y agoStartups?
- M2Ys4U 9y ago_Zero_ revenue? That's not a startup, that's a hobby.
- taysic 9y agoInstagram was zero revenue when bought by Facebook. And Siri when acquired by Apple. I wouldn't describe it as a hobby.
- AndrewKemendo 9y agoYou're gonna be surprised at the massive number of pre-revenue venture backed startups then friend.
- dx034 9y agoIn that case it's the EU's way of telling you that your startup idea isn't that great. Basing a startup idea on illegal techniques is not a good idea. Snapchat could've succeeded without that data so there's no reason why startups cannot adapt.
- closeparen 9y agoIllegal techniques like... forgetting to disable Apache access.log or ever collecting the results of an HTML form.
- grrowl 9y agoEarly-day Snapchat stored a lot of personal data (geolocation, application activity, personal info, and photos) before they made any money.
- closeparen 9y agoHacker News itself? Every web forum? Every teenager who writes a webapp?