I didn't build a profitable social consumer business in Europe after compliance, but I was part of a team that implemented compliance for a long existing company within the US due to them having clients and client's clients in Europe. They're profitable. Do you want my term sheet? Or are you weakly attempting to flex while complaining that people's basic right to privacy is preventing you from earning obscene amounts of money?
It feels like a regulatory moat for the big players who can afford it. Sorta like a complex VAT policy.
If you do everything right from the start, the costs are minuscule.