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Except harvesting your customers [personal] data isn't just scummy, it is no longer a legitimate business model in Europe.

There is no excuse for VCs not getting up to speed on the GDPR.

American VCs don't care much about EU regulations despite what the Europeans wants you to believe.

They can say goodbye to the European market then.

(And the privacy conscious segment of the US market.)

Not a very good threat since the EU market is just a distraction for all but the largest American companies, and only becoming more so every year.

Privacy conscious segment of the US market is a rounding error, despite what HN would have you believe.

And in keeping out the parasites, nothing of value was lost :-)

Remains to be seen