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Uber is quite upfront about their revenue/profits. A key characteristic of a Ponzi is that you disguise new investments as revenue/profit. Uber might be a bad
by kasey_junk 4y ago
Uber is quite upfront about their revenue/profits. A key characteristic of a Ponzi is that you disguise new investments as revenue/profit.
Uber might be a bad investment but it’s not a Ponzi scheme.
- kodah 4y agoThere really does need to be a term beyond SPAC that we can use to describe profitless companies seeking investment.