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Previous discussion, with an ethical backbone: "Why can a scam company raise $40 Million Series C + $76 Million Series B?" 1021 points by wenxun 3 days ago |

Previous discussion, with an ethical backbone: "Why can a scam company raise $40 Million Series C + $76 Million Series B?" 1021 points by wenxun 3 days ago | flag | 456 comments https://news.ycombinator.com/item?id=6455391 https://news.ycombinator.com/item?id=6455391 Here's a particularly good subthread. It would be at the top, but the root comment was controversial: https://news.ycombinator.com/item?id=6455575 https://news.ycombinator.com/item?id=6455575

wenxun2 13y ago
I'm the OP of the previous thread on Friday: https://news.ycombinator.com/item?id=6455391 https://news.ycombinator.com/item?id=6455391 The thread hit the top spot of front page for a while, then somehow it was silently taken down, and my HN account "wenxun" was soft-banned.
- deleted 13y ago
  [deleted]
- SwellJoe 13y ago
  Your "wenxun" account is not currently banned in any manner I can see, nor can I see any indication the thread was taken down. If it was taken down at some point, it was corrected soon after. (I only know there are many mods, and not who they are...other than pg.)
  - Luc 13y ago
    The previous thread disappeared unnaturally fast from the front page, which is what I think wenxun is referring to.
  - deleted 13y ago
    [deleted]
  - pbreit 13y ago
    Possibly reasonable considering you even admit that you repost the same stale post every time the company is mentioned.
    - SwellJoe 13y ago
      I have no idea what you're talking about. I've only posted twice in threads about this company, with my reply to wenxun making it three. All three comments were in pretty different contexts.
jval 13y ago
Love how the investor who authored that subthread was a founder of Betfair, and is trying to defend how ethical the JustFab business model is. ... his credibility level on this topic is over 9000.
- javert 13y ago
  What's wrong with Betfair?
- gadders 13y ago
  How is Betfair unethical?
  - phpnode 13y ago
    it's a company that promotes gambling, it's obvious why some people would think that's unethical
    - gadders 13y ago
      No more so than, say, day trading.
      - 001sky 13y ago
        Gambling (for clients) is a negative-sum game. Market indices (that are not rigged) random walk but with an underlying drift. The claim that day-traders cannot beat the market (index) does not mean they need to mathematically be negative in returns (on average). So, this is patently false assertion.
  - jval 13y ago
    .. how is Betfair ethical?
    - gadders 13y ago
      It lets people of their own free will exercise their judgement to wager on sporting and other events. Unless you think all gambling is by definition unethical for religious reasons, I'd say they were pretty legit.

wenxun2 13y ago

I'm the OP of the previous thread on Friday: https://news.ycombinator.com/item?id=6455391 https://news.ycombinator.com/item?id=6455391 The thread hit the top spot of front page for a while, then somehow it was silently taken down, and my HN account "wenxun" was soft-banned.

deleted 13y ago
[deleted]
SwellJoe 13y ago
Your "wenxun" account is not currently banned in any manner I can see, nor can I see any indication the thread was taken down. If it was taken down at some point, it was corrected soon after. (I only know there are many mods, and not who they are...other than pg.)
- Luc 13y ago
  The previous thread disappeared unnaturally fast from the front page, which is what I think wenxun is referring to.
- deleted 13y ago
  [deleted]
- pbreit 13y ago
  Possibly reasonable considering you even admit that you repost the same stale post every time the company is mentioned.
  - SwellJoe 13y ago
    I have no idea what you're talking about. I've only posted twice in threads about this company, with my reply to wenxun making it three. All three comments were in pretty different contexts.

jval 13y ago

Love how the investor who authored that subthread was a founder of Betfair, and is trying to defend how ethical the JustFab business model is. ... his credibility level on this topic is over 9000.

javert 13y ago
What's wrong with Betfair?
gadders 13y ago
How is Betfair unethical?
- phpnode 13y ago
  it's a company that promotes gambling, it's obvious why some people would think that's unethical
  - gadders 13y ago
    No more so than, say, day trading.
    - 001sky 13y ago
      Gambling (for clients) is a negative-sum game. Market indices (that are not rigged) random walk but with an underlying drift. The claim that day-traders cannot beat the market (index) does not mean they need to mathematically be negative in returns (on average). So, this is patently false assertion.
- jval 13y ago
  .. how is Betfair ethical?
  - gadders 13y ago
    It lets people of their own free will exercise their judgement to wager on sporting and other events. Unless you think all gambling is by definition unethical for religious reasons, I'd say they were pretty legit.