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Of course, it's a ponzi scheme. How else can you explain such behaviors as the same VC investing in the same company's Series A at $10, Series B at $100, Serie
by jgalt212 10y ago
Of course, it's a ponzi scheme. How else can you explain such behaviors as the same VC investing in the same company's Series A at $10, Series B at $100, Series C at $1000, etc?
- laxatives 10y agoNo doubt its unsustainable or exaggerated growth, but is it still a Ponzi scheme if it lasts a decade and most participants exit with more money than they started?
- abduhl 10y agoPonzi schemes do not have a set time line and any successful Ponzi scheme will have most participants exit with a profit until the Ponzi scheme collapses and then the remaining participants will be holding nothing.
- jrochkind1 10y agodo you know what a ponzi scheme is? Yes, a ponzi scheme requires most participants exiting with more money than they started -- until they don't. https://en.wikipedia.org/wiki/Ponzi_scheme https://en.wikipedia.org/wiki/Ponzi_scheme
- deleted 10y ago[deleted]
- gohrt 10y agoThe value of the business grows over time, and needs cash to fund growth. The investor sees the continued opportunity to grow.