>There is a good chance your little startup that isn't cash flow positive will have to spend $1 million of its VC money on becoming GDPR compliant. This isn't

>There is a good chance your little startup that isn't cash flow positive will have to spend $1 million of its VC money on becoming GDPR compliant. This isn't actually that complicated if their software is designed from scratch with GDPR in mind. Current approach is collect all the data you can with the intention of selling this to data brokers. GDPRs discourages this. It shouldn't be that complicated and that expensive if you store the minimum amount of information you can to cut costs. > The big tech companies already have compliance officers, but GDPR is so massively invasive to businesses that even small companies now need compliance officers. This can be done away in a way small business hire contractor lawyers and accountants with an hourly rate. If you are small, you shouldn't do anything which might involve high fees from them.