3 ms·
What I found pretty disturbing is that this type of reinvesting (keeping everything in startups, reinvesting 100%), is very similar to the patterns seen in Ponz
by zzleeper 16y ago
What I found pretty disturbing is that this type of reinvesting (keeping everything in startups, reinvesting 100%), is very similar to the patterns seen in Ponzi schemes.
(The basic idea is that if everyone reinvests everything, then bubbles are VERY easy to sustain)
Now, I don't have a clue on whether this is a bubble or not, just pointing out this curious pattern