3 ms·
What does this mean? Paying back loans / reducing debt? Or more like dividends?
by GraemeMeyer 3y ago
What does this mean? Paying back loans / reducing debt? Or more like dividends?
- ben_w 3y agoThe way that's written, "funnel fresh sources of funding to investors", appears to me to be alleging something that sounds like a pyramid scheme or a Ponzi scheme.
- yunohn 3y agoThe filing (1) claims they are a Bing Search and Ads reseller that invests almost nothing into their actual search engine, and instead repays investors with every new funding round. (1) From page 137: https://regmedia.co.uk/2024/02/26/us_v_google.pdf https://regmedia.co.uk/2024/02/26/us_v_google.pdf