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This is Benioff shutting the door behind him. It lets him seize the moral high ground, while making it more expensive for startups to try to imitate them. A few
by mmaunder 8y ago
This is Benioff shutting the door behind him. It lets him seize the moral high ground, while making it more expensive for startups to try to imitate them. A few million bucks on navigating complex multi-jurisdictional compliance issues is nothing for them. It's a non-starter for a small team of innovators.
Few things terrify incumbents more than a fast moving nimble and smart team of innovators. e.g. FB paying $19bn for WhatsApp.
- Frondo 8y agoYou know what? Fine. I don't care which incumbents will be okay in a world with better laws around privacy. I want better laws around privacy. And I give less than zero shits about any startup whose business model necessitates violating my privacy--if privacy laws create barriers to entry, that's absolutely fine. The rights to privacy that some new laws could give us is simply more important than that.
- mmaunder 8y agoHey I think we're all with you. You have to admit though, it is interesting watching the side-effects.
- rosser 8y agoThe concern seems to be less about creating barriers to entry than it is about entrenching incumbents. A legal regime that does the former without doing the latter? Sign me up. One that does both? Well, I guess I do still get privacy laws, but are they worth a damn if the latter is among their effects?
- bkanber 8y agoIt's not the privacy part of the law that's hard for companies. Most companies do not abuse your data. The GDPR is very expensive. Every data processing activity needs to be auditable, every customer relationship needs a data processing agreement (and each new custom one needs to be reviewed by legal), we now pay fees to all sorts of data protection authorities. On top of that, it forced us into a new, more expensive insurance policy.
- desas 8y ago> we now pay fees to all sorts of data protection authorities What fees? In the UK you have to register with the authority (as UK companies did before) and that fee had a max of £2900 per year for companies with a turnover greater than £36million or more than 250 members of staff Orgs under that limit pay £35 - £60 depending on size. Non profits pay zero, companies who only process data for things like staff admin pay zero, there are other exclusions