The startup lobby is screeching that the CGT changes will kill Australian innovation.
What they mean: the personal tax treatment on their exit payday might shrink.
These are not the same thing.
Unicorns produce monopolies. Monopolies extract rent until there's nothing left to extract. We know how this ends — we've watched it happen with every "free" platform that now owns your data and charges you to access it.
Europe is building something smarter: public funding for digital commons infrastructure. No equity required. No exit needed. Just tools that stay open.
Cooperatives, open-source networks, community-owned platforms — they exist, they work at scale, and they don't require billionaires as a byproduct.
New post: https://gaggl.com/blogs/2026-05-29-unicorns-build-monocultures/
#AgTech #OpenSource #DigitalCommons #Cooperatives #AusPol
leogaggl / Leo Gaggl
npub1ga…pjkva
2026-05-29 04:35:09 CEST
Author Public Key
npub1gaggl775xmqt4k4dm4t6ur6sveppjknnjpn7xyntftnmz4mv086sjpjkvaPublished at
2026-05-29 04:35:09 CESTEvent JSON
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