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by qiqing
3067 days ago
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One of the privileges of being a U.S.-based founder is internationally, no one asks you to answer for the actions of Uber, Exxon, or pharma bro as though all companies in the U.S. came from one homogenous mass. I'm not talking about criticisms of a particular company when it's the one being discussed. Should Theranos be criticized for their own failings? Yes. Should every U.S. startup be suspected of being similar because of another company's actions because in a population of 300M, someone else did a thing? You tell me... |
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Secondly, when one company gets away with something in the US, we have a fairly good reason to believe that other companies could get away with something similar. So, if I were a person in any country (even the US), and I needed to decide whether or not I could trust a US company not to do something to me, legal precedent in the US would actually be very relevant.
To make this concrete, I bet Europeans have become rightfully wary by now about the data privacy implications of banking/shopping or otherwise making an account with US business.