4 ms·
Isn't the fine of violation 20mil Euro or 4% annual rev, whichever is higher? That could put any side projects (or even small startups) out of business, no?
by godot 8y ago
Isn't the fine of violation 20mil Euro or 4% annual rev, whichever is higher? That could put any side projects (or even small startups) out of business, no?
- throwawaymath 8y agoSure, and I welcome an attempt to collect that. I'm not going to hold my breath though.
- xstartup 8y agoOh, so you don't use services of a company which has to comply with EU authorities? I am pretty sure, they can freeze your AWS/GCP account.
- throwawaymath 8y agoNope. I do everything on bare metal, local to me. I guess they could squeeze my ISP, but that wouldn't be a significant business continuity problem for me. If they come after my utility/energy provider I'll be concerned.
- ajeet_dhaliwal 8y agoDoes anyone abduct the poorest boy in the village and then demand a massive ransom? The parents can't pay even if they want to and the whole endeavor would be a waste of time. Unless your revenue is high enough where you would even be able to pay a fine of a million here or there I don't wouldn't let that put off any side projects or small startups because of this.