whining about only apply to them, not small startups
No, to the point blue sky, not exactly big tech, is struggling to comply, after being called out.
They said they will, it’s not even bad faith.
Contrary to common beliefs, regulations strongly favour big companies, because they have the resources to keep up with burocracy, while gatekeeping smaller companies
The problem isn’t VC money either, because American and global funds invest in European companies too, there aren’t just as many eligible ones.
Most successful start up in Europe still decide to get listen on american exchanges (see the recent klarna case)
This is purely because of favorable environment lol
Fuck them, if they have to stay, follow our laws
I mean, I really don’t care, but that’s exactly how european economy remained, keep doing the same thing expecting a different outcome doesn’t seem smart
And no, Volkswagen is the 10th company in the world by revenues, it’s not dumping, European manufacturers simply can’t keep the pace. The most sold EV in Europe right now is Tesla lol
And by struggling, you mean this? 15 million should be enough to hire a part-time consultant for like 40k a year to tell you what pages you have to have and where. Especially if you have already founded Twitter, this should be straightforward. The EU is allergic to companies not giving a fuck, and this was Bluesky not giving a fuck. And this was not an EU fine, this was a public statement of “please”.
And EU regulations usually strongly favour the consumer. GDPR compliance is easy, I know, I’ve done it personally for an adtech company of all, actually. As long as you have consent, it’s all fine, the “oh it’s so strict we can’t even do anything” crowd usually wants to do something without consent which is clearly illegal, and thus “hard to do”.
DMA does not apply to anything other than 6 big tech companies, so nothing to talk about there. The DSA only requires Bluesky to be transparent about moderation and offer a way to report illegal content. That’s it. All the strict stuff only applies once you become a VLOP, so again, only the big ones.
Where are the scary regulations killing small businesses and stifling innovation, exactly?
Most successful start up in Europe still decide to get listen on american exchanges (see the recent klarna case) This is purely because of favorable environment lol
It’s purely because the USD is the biggest trade and reserve currency of the world, so most investment also comes in the form of USD, as most investors primarily operate in USD and thus don’t have to factor in currency conversion risks. Wall Street sucks, and regulatory capture has risks of its own, but as long as the US military shoots anyone not trading in USD, we all go there to beg billionaires for money.
And no, Volkswagen is the 10th company in the world by revenues, it’s not dumping
Who’s talking about Volkswagen? I meant BYD.
The most sold EV in Europe right now is Tesla lol
The car manufacturer several times smaller than the local incumbents, thriving in the EU because of a good product? Where are the scary regulations scaring them off?
No, to the point blue sky, not exactly big tech, is struggling to comply, after being called out.
They said they will, it’s not even bad faith.
Contrary to common beliefs, regulations strongly favour big companies, because they have the resources to keep up with burocracy, while gatekeeping smaller companies
The problem isn’t VC money either, because American and global funds invest in European companies too, there aren’t just as many eligible ones.
Most successful start up in Europe still decide to get listen on american exchanges (see the recent klarna case) This is purely because of favorable environment lol
I mean, I really don’t care, but that’s exactly how european economy remained, keep doing the same thing expecting a different outcome doesn’t seem smart
And no, Volkswagen is the 10th company in the world by revenues, it’s not dumping, European manufacturers simply can’t keep the pace. The most sold EV in Europe right now is Tesla lol
You mean Bluesky, the US VC funded company?
And by struggling, you mean this? 15 million should be enough to hire a part-time consultant for like 40k a year to tell you what pages you have to have and where. Especially if you have already founded Twitter, this should be straightforward. The EU is allergic to companies not giving a fuck, and this was Bluesky not giving a fuck. And this was not an EU fine, this was a public statement of “please”.
And EU regulations usually strongly favour the consumer. GDPR compliance is easy, I know, I’ve done it personally for an adtech company of all, actually. As long as you have consent, it’s all fine, the “oh it’s so strict we can’t even do anything” crowd usually wants to do something without consent which is clearly illegal, and thus “hard to do”.
DMA does not apply to anything other than 6 big tech companies, so nothing to talk about there. The DSA only requires Bluesky to be transparent about moderation and offer a way to report illegal content. That’s it. All the strict stuff only applies once you become a VLOP, so again, only the big ones.
Where are the scary regulations killing small businesses and stifling innovation, exactly?
It’s purely because the USD is the biggest trade and reserve currency of the world, so most investment also comes in the form of USD, as most investors primarily operate in USD and thus don’t have to factor in currency conversion risks. Wall Street sucks, and regulatory capture has risks of its own, but as long as the US military shoots anyone not trading in USD, we all go there to beg billionaires for money.
Who’s talking about Volkswagen? I meant BYD.
The car manufacturer several times smaller than the local incumbents, thriving in the EU because of a good product? Where are the scary regulations scaring them off?