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openplatypus | 9 months ago
> Take excessive regulations for instance, which gets mentioned all the time. If they were such a hindrance to startups, why would American startups succeed in Europe - like Airbnb in our case - and European startups not? We all face the same regulations
Nope, they don't. US companies in Europe generally don't care about EU regulations. Even if we skim over privacy, AirBnB succeeded in Europe despite there being laws preventing short lets in many municipalities.
sksksk|9 months ago
fallingknife|9 months ago
mytailorisrich|9 months ago
They care as much or as little as European companies.
When you're trying to make it in business you should not spend too much time trying to comply with all possible regulations. Focus on growing the business and avoid serious and costly breaches.
I still remember a business course in university (in Europe) during which the lecturer told us: "By law you must file this whatever every year but the penalty for not doing so is cheaper than spending time doing it so don't bother". Very direct and frank but that's how it is.
dariosalvi78|9 months ago
gizmo|9 months ago
exe34|9 months ago
I'm not sure why my comment was flagged, so I'll add the link to the evidence here: https://democrats-judiciary.house.gov/uploadedfiles/2025.02....
My point is that in the US, you don't have to follow the law. If you're rich enough, you are the law.
exe34|9 months ago
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