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It's musical chairs: just don't be the last one standing when the music stops.
by mathgenius 9y ago
It's musical chairs: just don't be the last one standing when the music stops.
- lettergram 9y agoWe call that a Ponzi scheme...
- jiggunjer 9y agoA pyramid. A ponzi is more abstract and could still reward the last people but be harmful to the rest.
- jstarfish 9y agoI like to think of it as a reverse funnel system.
- nerfhammer 9y agoAlso, a Ponzi scheme involves outright fraud, giving your investors fake accounts.
- sschueller 9y agoLike regular startup investments theses days... I don't want the be the one holding Uber stock after IPO.
- charlesdm 9y agoThat would be your pension fund, said bag holder.