Geordie Pordy Puddin’ n’ Pie on Nostr: The primary reason the "Australian tech sector" is whining about the proposed merger ...

The primary reason the "Australian tech sector" is whining about the proposed merger laws, is it would require that sector to start businesses with the intent to produce goods and services that people buy, generating revenue in excess of expenses, which would equate to profit.

"Hang on Geordie that's how business works" I hear you say.

Sweet summer child.

Enormous swathes of the Australian start-up sector has no real interest in long term profitability through the legacy "making shit and selling it to people that want to buy it" method. The idea is to get a group of people to make a product and show that they can make a good product, then rather than deal with the machinations of getting them to buy it, handling support of it, producing new versions, features, etc. you instead toss your hair provocatively at a large tech company or established sector for acquisition.