VC’s need to address privacy risks


Here’s an article on something I have long thought about, but never written (let be a lesson to put pen to paper when you have an idea and not sit on it). VC’s need to be mindful of privacy risks in new products they are funding. Privacy should rarely be a blocker to bringing a product/service to market. Depending on its characteristics though, a few extra considerations and possibly steps may need to be incorporated to ensure that a great product/service does make it to market and actually stays there and successfully generates revenue. VC’s could be pouring money down a drain if they don’t look at the privacy risks and mitigate them. This takes the form of adding this risk to their due diligence and ensuring that they attach privacy risk mitigation to the requirements for funding. This will result in a stronger product and less capital risk.

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