I think it partly has to do with what level of security is around you, I don't live in a place (Denmark) where I have to solve that many other people's basic needs so I can optimize further up in the pyramid of needs.
I get that. But financial freedom, at least for me would go a long way in terms of not being depressed. Once you beat depression, then you can function well and take care of your health and security. then do the same for others.
Not being happy all the time is not a mental illness or a problem, nor is it synonymous with depression.
I think congrats are in order, he did not get distracted with a minor part of the market but is focused on delivering value to the bigger market. He can always add more clients later.
There are positive and negative impacts of GDPR. Yes, poorly implemented consent is annoying, but forcing companies to use time and energy on privacy is super positive.
I have spent the last nine months in a few different co-working spaces here in Denmark, and all startups there have informed and essential conversations about handling users data. Just a few years ago that would never have been a topic. For me that's a very positive change.
There's been a whole bunch of unexpected benefits.
Physical junk mail has noticeably gone down. So much so the Royal Mail issued a profit warning because GDPR had decreased total volume 10% or some such. Well that was unexpected, but grounds for flags and parties by itself.
> Just a few years ago that would never have been a topic
Really? I remember discussions at UK startups and larger places I worked about whether such and such was a part of the Data Protection 1998, whether some data should exist, or whether we were covered by the regs at all.
Far as I can see the big positives of GDPR are the tidying up and extending what constitutes personal data and plugging some of the loopholes. That and the max penalty has been increased enough to hope multinationals start caring too.
>but forcing companies to use time and energy on privacy is super positive.
Until you find out that for some reason your country/region has far fewer strong internet companies than other regions of the world. Then you realize that you effectively shot your own economy in the foot.
Europe is large and educated. The EU has 50% more population than the US and the EU is just as highly educated and almost as rich. Yet how much everyday software do you use that's from the EU compared to the US?
Something has kept EU companies down. I assume that it's the combination of the various regulations we have in the EU that make it less welcoming of an environment to run an online business. GDPR is just one additional brick in that wall.
These companies grew up with local data protection laws. UK's Data Protection Act 2018 implemented GDPR, repealing the DPA of 1998, which repealed the DPA of 1984.
I am no longer afraid of entering contests that ask for my email address, as the GDPR means that they can't spam me with their crap afterwards. To me, the GDPR has been extremely positive so far, and I don't consider having to think about the privacy of the users of my apps a bad thing (I was doing it anyway).
Article 13, on the other hand, can go fuck itself.
Why do you think you can trust the people that handle the data just because it's illegal to do something in Europe? If the entity running the website or handling the data is outside of EU jurisdiction then they can take all of your data and there would be no repercussions for them. It's also possible that you agree in some step to having your data used or your data falls under one of the exceptions. GDPR is feel-good legislation first and foremost.
>Why do you think you can trust people not to do illegal things just because they're illegal?
It depends on how sensitive the data is and how much I trust the company. I trust my bank to handle my money because if they do something shady I can rely on the justice system. But I would not trust random websites with data I wouldn't want them to have, GDPR or no GDPR.
There's nothing stopping a Chinese website from ignoring GDPR and taking your data and selling it. You don't even have legal recourse there.
It depends on what kind of company you want to build.
Yes if your goal is to build a Dropbox, an Instagram etc then you don't have "product-market fit" before you have to stay up all night weeks in a row to keep your service alive.
Background: I have build a VC backed company that ended up on a linear growth curve and enjoyed it a lot, today the company is profitable and proud. Today I am VP Growth of a heavily VC backed company that is trying to hit product-market fit.
