3 ms·
John Hempton is pretty sure that Herbalife is not a pyramid, that people are buying that stuff to consume, not sell. Although his analysis depends on them actin
by spindritf 12y ago
John Hempton is pretty sure that Herbalife is not a pyramid, that people are buying that stuff to consume, not sell. Although his analysis depends on them acting at least somewhat rationally, there's certainly room on the market and potential enthusiasts, just look at Soylent.
http://brontecapital.blogspot.com/2014/08/for-kicks-just-how-big-is-herbalife-and.html http://brontecapital.blogspot.com/2014/08/for-kicks-just-how...
- Renaud 12y agoThere is a slight, but nevertheless substantial difference between a company that relies entirely on its customers to becomes is sales workforce and a company that offers bulk prices for people who may want to resell. The former will rely on its customers to recruit more customers/sales agents. The later will not. There is probably a blurry line when a classic business may change its sales strategy that it starts to fall into an MLM scheme. I'd say that one of the indicators is how much the company is relying on new recruits becoming recruiters themselves.