Social media start-ups are realizing that--these days--privacy matters when it comes to their business models' success, The Washington Post reports. Investors want to know that the company has a plan to make money off of the multitude of information it collects from users, the report states, but start-ups also are watching how potential regulation out of Washington, DC, could affect stock market prospects. "Privacy is now finally and appropriately being seen as a compliance risk that is real and needs attention," said Hunton & Williams' Lisa Sotto. "These companies realize that they need to be really upfront with what they are doing with data." (Registration may be required to access this story.)
Full Story
Comments
If you want to comment on this post, you need to login.