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How willing are you to invest in an early-stage startup whose founders could be arrested over a data breach? How much of your own money would you be willing to
by betterunix2 8y ago
How willing are you to invest in an early-stage startup whose founders could be arrested over a data breach? How much of your own money would you be willing to risk? Would you be willing to work as a founder of such a company and take on the risk of jail time? If this "bogeyman" is of "dubious existence" then your answer should not be impacted at all by the nature of the regulation or the punishment for non-compliance.
- Apocryphon 8y agoSure, given how many questionable firms from Theranos to Juicero have been successfully funded. So long as dumb money continues to flow, there is little to fear. When this bout of irrational exuberance does abate, tech will have bigger things to worry about than consumer protection laws.