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That sounds like a ponzi scheme, not an investment.
by empath75 7y ago
That sounds like a ponzi scheme, not an investment.
- blaser-waffle 7y agoThe only difference between those two concepts is malice.
- gizmodo59 7y agoIsn’t that like a trend these days? Unless I’m missing something, can you please explain?
- zaroth 7y agoI would never invest in WeWork, but no, not at all. A Ponzi scheme takes new investor dollars to pay the earlier investors’ “returns”. Taking new dollars to grow the company to generate future profits is actually the definition of “investment”.
- mffnbs 7y agoA ponzi scheme requires fraud. If you've evidence of fraud going on here then perhaps you should report it to the SEC.