Conor Sen on Groupon: >That being said, it’s operating like a Ponzi scheme that needs constant infusions of cash to stay afloat as it’s hemorrhaging money. A great point is made, the main difference between what Groupon and a true Ponzi scheme is that the investors in Groupon are aware that part of their ‘investment’…
Conor Sen on Groupon:
>That being said, it’s operating like a Ponzi scheme that needs constant infusions of cash to stay afloat as it’s hemorrhaging money.
A great point is made, the main difference between what Groupon and a true Ponzi scheme is that the investors in Groupon are aware that part of their ‘investment’ is going towards paying off old investors.
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