> Europe doesn’t have a stellar record when it comes to high tech startups. For many reasons.
For many reasons indeed, this is broad topic and GDPR doesn't change anything if we are talking about big US players and their domination. None of them is getting out of EU.
> And I am afraid GDPR has just added another one.
I disagree, it's the other way around. Small single person companies/developers that will get out from EU market will could only strengthen local market. Any other US/EU/outside EU startup/developer can fill that void.
> Europe doesn’t have a stellar record when it comes to high tech startups
Which automatically implies that you were talking about non-EU tech companies leaving EU because of GDPR and EU startups filling their space. And now you fail to see how this will make more likely succeed EU companies? What?
I think you fail to understand what the point of my argument was. It doesn't matter if this will be EU founder or US founder or XX founder, if there is a void it will be filled, doesn't matter who will fill it. This is an axiom describing the free market.
> onerous regulation
I am conducting online business in EU handling personal data and I don't find it onerous at all. Adding to that as EU citizen I am happy that this regulation was introduced in EU law system.
How is knowing and writing down what your actually do with user data (and employee data, btw) and who is responsible an onerous regulation?
In a world where lots of small shitty businesses (and some bigger ones) don't care what happens to your personal data it's long overdue for this being finally regulated.
