Re:Gavin Newsom vetoes SB 1047
by Dylan16807 on Monday September 30, 2024 @02:40PM
(#41700498)
What's false is the idea that the limit is going to be a burden on small companies, because you can ignore the flop limit if you're spending less than a hundred million dollars. (Big companies, in contrast, can use a percent of their budget for compliance.)
Being able to ignore the flop limit makes basically everything else you've said irrelevant. But just to quickly go through: I don't want to argue about what a 'startup' is but they're not 'small guys'. Advanced tech can be compensated for, but also it doesn't change the fact that staying under $100 million keeps you excluded. Export controls have nothing to do with this discussion, and they involve a completely different kind of 'flop limit'.
Being able to ignore the flop limit makes basically everything else you've said irrelevant. But just to quickly go through: I don't want to argue about what a 'startup' is but they're not 'small guys'. Advanced tech can be compensated for, but also it doesn't change the fact that staying under $100 million keeps you excluded. Export controls have nothing to do with this discussion, and they involve a completely different kind of 'flop limit'.