3 ms·
Hasn't it always been a fairly well established business model? If anything the success of this model means we're seeing it more and more in ever more gigantic
by ebrenes 14y ago
Hasn't it always been a fairly well established business model? If anything the success of this model means we're seeing it more and more in ever more gigantic failures. Whereas before it seemed confined to snake oil salesmen and politics...
- mey 14y agoI have a bridge I'm looking to sell.
- mc32 14y agoNot to mention "snake oil" liniments and other forms of quackery.
- dredmorbius 14y agoObligatory: real Chinese snake oil is a valid cure. http://www.scientificamerican.com/article.cfm?id=snake-oil-salesmen-knew-something http://www.scientificamerican.com/article.cfm?id=snake-oil-s... The problem then (as now) was charlatans claiming similar properties from substances which lacked the original's active ingredient: high Omega-3 oils. I see this as the fundamental Zen and the Art of Motorcycle Maintenance problem: what is quality, and how does one identify it?
- wmil 14y agoAnd the "Snake Oil" being sold in the US wasn't quackery. It was typically a combination of alcohol, morphine, and/or cocaine. People weren't stupid -- it definitely made them 'feel better'.
- smashing 14y agoI have stock in a social networking company I am looking to sell.