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GDPR’s effects on Startups

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A new ruling, General Data Protection Regulation (GDPR), taking effect in May 2018 will have a worldwide impact on firms including those in the USA who have interests, holdings, customers and other touch points on European soil. How will GDPR effect the startup tech community? Will this stifle the idea of work fast and break things? Will this cause an increase in costs for startups? Will startups be reticent to enter EU markets?
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Looking for opinions and quotes from policy and legal experts on how GDPR will effect startups in the US.

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Alex
Over the past 9 years, I have realised that the most important weapon we have as tech enthusiasts is information. Information that I can share and actually help you solve some of your life problems. Of course, I'm going to lose some of that because of AI, but it's making me more productive today!
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