How much do you expect that “price of doing business” to cost? Probably at least $10k plus opportunity cost which for my small app business would be a serious kick in the nuts.
These regulations just further enable monopolies and make it more difficult for diverse entrepreneurs to get into the game.
I’m just saying to be mindful that you might be costing a small business an enormous amount by making these types of requests.
I'm CTO for a small startup. 10K seems like a wildly high estimate for such a simple feature that you could have known for years that you are required to offer. You do need a certain level of competence on your team to do it. But then perhaps lacking that competence, why should people trust you with their data?
These regulations just further enable monopolies and make it more difficult for diverse entrepreneurs to get into the game.
I’m just saying to be mindful that you might be costing a small business an enormous amount by making these types of requests.