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bertmuir 2 days ago

Can you think of even 10 notable cases of startups being killed by fines? Let alone the 1,000+ you would need to identify to justify the claim.

I can't think of a single one. It barely registers as a risk.

Although I can think of several US startups that bankrupted themselves with fines for fraud etc....

fintechjock 2 days ago | parent [-]

The startup culture is what is killed by fines. It’s not possible to count how many companies are not started because of over regulation

xethos a day ago | parent [-]

The very same startup culture of "Screw the law, we could make a lot of money" hasn't exactly endeared me to it