Re Facebook-alytica-omni-shambles-gate...
Facebook left its API wide open, and had no control over personal data once those data left Facebook.
But there is a wider story coming: (thread...)
Many of these DMPs (data management platforms) are owned by data brokers. (Side note: The FTC's 2014 report on data brokers is shocking. See https://t.co/V2aOUJuGGV)
There is no functional difference between an #adtech DMP and Cambridge Analytica. 7/12
I will write a blog post about this, but TL;DR - it is NOT reasonable to take 7 meetings with a startup and then pass for a reason that would be obvious in the first or second meeting. Investors need to be more respectful of founders time and also give actual reason for a pass.
Despite rumours to the contrary, the UK government has not only left #EIS tax relief untouched in #Budget2017 but has actually doubled investor limits to £2m making Ireland's #EIIS scheme even more uncompetitive https://t.co/SQpT8mwL77 @IRLDeptFinance