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On GDPR, broadly speaking it's more "you can't" than "you must". Don't keep people's data and you're fine. Granted, some businesses need to keep some data as
by psd1 3y ago
On GDPR, broadly speaking it's more "you can't" than "you must".
Don't keep people's data and you're fine.
Granted, some businesses need to keep some data as a matter of doing business. But the problem that pre-gdpr businesses have with the rules is that they were set up with the mindset that keeping everything is free.
A startup need merely nuke stale accounts. So it's an advantage over the incumbents, who have to figure out deletion in databases that weren't designed for it.
- zeroonetwothree 3y agoThe startup now has to spend $X more implementing handling those regulations rather than building an MVP and finding PMF. This might be the difference between success and failure. Thus there will be fewer successful startups than in the world without the regulation. Conversely a big corporation will lose some % of profit to dealing with the regulation (or perhaps it will just raise prices if it’s not competitive). But it’s not an existential concern.