And if that means no startup can possibly compete against the existing players in the industry that have the bandwidth and resources to implement the regulation?

They want "the old internet" back, whatever it means. Of course it means no more startup. Startups change things and we don't want that! We want the exact internet from 1998.

When I was 13 I was playing CS 1.6 on dedicated servers with a small number of strangers that were like 30, I was also on I don't even know how many random forums with small numbers of users.

It's like a 13 year old hanging out at some random adult's house vs walking around a mall.

I can't see how a bill limiting access to websites with more than 5M users is going to reduce paedophilia.

I think starting a tech startup under a VC model is a high-risk, high-reward setup and that your idea should be strong enough to withstand regulations such as this, yeah. There has been a lot of false innovation lately and it has soured my view on the model.

I think it also hurts the incumbents, even though they get a moat of sorts. But only a moat around "tracking teenagers for advertising data".