4 ms·
Customer and legal problems put you at great financial risk. E.g. customers get out of paying one way or another and you cannot cover operational costs, you los
by arghwhat 8y ago
Customer and legal problems put you at great financial risk. E.g. customers get out of paying one way or another and you cannot cover operational costs, you lose customer data and get sued for damages, you screw up on GDPR and get fined, etc.
Bugs in your infrastructure could also cause you to accidentally spin up a shitton of instances far exceeding your operational budget, but that isn't the primary concern.
- heipei 8y agoOK, I get that lawsuits would be a good example of "liability", but my question is this: Are you really not liable for the things you mentioned (GDPR, customer data) if you're the CEO of a UG/GmbH and it falls back on you because you're the one that designed the whole product?
- throwawayheyhey 8y agoOnly if they can prove that you willingly or carelessly neglected your duties as a CEO. These are very narrowly defined, though: https://de.m.wikipedia.org/wiki/GmbH-Geschäftsführer-Haftung https://de.m.wikipedia.org/wiki/GmbH-Geschäftsführer-Haftung