We're in fintech. And we're not in Europe, but we're about to start a big project targeted towards European users.

If you're not in Europe there's no obligation. I can appreciate the attitude even if I don't like it. Fintech is a REALLY difficult business to make money in. Especially with so many larger financial institutions coming in and buying any naive existential threat they see (coughs suggestively)

Wow. That's a pretty interesting attitude to take. The consensus here among the M&A crowd is that either fintech, medtech or social media will be the verticals where one or more examples will be made. Best to hope none of your users complains to regulators.

We've already got users who fall under GDPR protection. Not as many as we will by the end of this year, but some.

And really, I've done all I can do. I've talked it up, given powerpoint presentations, and emailed a comprehensive report about penalties for failing to comply as well as a project outline for becoming compliant.

I believe you. I know a few other cases like that and I really wonder how we got here. I've been CEO of a 25 people company with presence in both Canada and Europe, I would never ever chart a course like that but maybe I'm just too risk averse.

In the beginning of Camarades.com/WW.com we had a lot of interaction with LE because of all the stuff our users got up to online and we tried very hard to comply with the various laws. It did not always work perfect but it worked well enough that we earned the respect of the various LE contacts that we had. I can only imagine how it would have ended if we had thumbed our nose at them. Going global means you need to change your attitude.

If the have no EU customers, no examples can be made.

It's up to residents of other to demand their governments give equal protections. We all know that won't happen in America.