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That isn't much difference. If there is a promise of payments for enrolling others, that is still a subsidy from later to earlier investors.
by golemotron 5y ago
That isn't much difference. If there is a promise of payments for enrolling others, that is still a subsidy from later to earlier investors.
- jcfrei 5y agoSo any SaaS startup that offers referral fees is now a pyramid scheme?
- DanHulton 5y agoIf a SaaS provides services it doesn't fit the definition of a pyramid scheme, no.
- dvt 5y agoAnd Axie provides the service of "fun," no? I fail to see how there's any difference here.
- roywiggins 5y agoIf you can earn referral fees for your referred people's referrals, then it starts to get into pyramid territory.
- IanCal 5y agoThere's a big difference between "If you join, you can try to sign up others" and "Pay me $X and get a return of Y%".