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Starts-Ups Considering Privacy in Business Plans

SOCIAL NETWORKING—U.S.

July 19, 2011

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.) 
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