And the last thing we need is more competition in ad tech.
But they're also right in the sense that regulation acts like a barrier in many parts of the world. I had often wondered why did Linus Torvalds and other Engineers travelled to Silicon Valley to found Linux, etc? Did they not find opportunity in Finland or any other nearby European countries?
Admitting that you know that your product may create legal liabilities is not a very smart thing to do.
"We committed to meet all the regulation in each country we're operating in. Our teams are working on it. In the meantime we'll start in our domestic market, because obviously if there has to be a first country to open it would be our origin country, right?"