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A comment on StreetLend.com shuts down, citing GDPR regulations. Parent comment

Re:StreetLend.com shuts down, citing GDPR regulations by fencepost on Monday April 30, 2018 @08:42AM (#16958075)
The problem is what happens if a legal firm or an agency targets you. Even if you adhered to the spirit of the law, they can dig up evidence that you didn't obey the letter of the law (since GDPR is quite loose and ambiguous).

They don't even need to dig up any possible violations - just the legal process alone is enough to kill any side project.

Or, "You can beat the rap, but you can't beat the ride." For a small company or individual, even winning a GDPR case will be a Pyrrhic victory.

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Re:StreetLend.com shuts down, citing GDPR regulations by pdimitar on Monday April 30, 2018 @05:14PM (#16962418)
Yes, and people keep missing THAT point exactly.

Guess they believe in the system more than I do. My country -- and the EU -- has been known to have cases where a big player makes a grizzly example out of a small player, in basically every business area.

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