Yeah, I guess I don't mean that my examples are explicit ponzi schemes, but merely similar. I certainly wouldn't say they are fraud. I think my examples are

Yeah, I guess I don't mean that my examples are explicit ponzi schemes, but merely similar. I certainly wouldn't say they are fraud. I think my examples are instances where people are good at selling an idea and not having full intention of executing well after receiving financing. I'm certain that some percentage of entrepreneurs actively think "If I can just sell my idea to investors, I can get rich regardless of whether the idea works or not." That's my ponzi scheme analog.