I doubt it. The GDPR and other european privacy laws are a problem if you operate from overseas. On the other hand, if you start in europe and are thusly aware

I doubt it. The GDPR and other european privacy laws are a problem if you operate from overseas. On the other hand, if you start in europe and are thusly aware of the privacy laws it becomes much easier to design as service that complies with them. The Netzdurchsuchungsgesetz in Germany even goes as far as only making big social networks responsible for content and small startups get a free pass.