I don't know why this was downvoted. It could've been worded better but the argument should be analyzed more.
How likely is it that the current unicorns are actually just ponzi schemes? The ones bearing it are people who buy into the post-IPO share prices thinking it's the next Google. Ordinary folks don't have the capital and the network to collude.
Instead of downvoting (might have ruffled some egos on here), can someone offer a rebuttal to OP's argument?
How likely is it that the current unicorns are actually just ponzi schemes? The ones bearing it are people who buy into the post-IPO share prices thinking it's the next Google. Ordinary folks don't have the capital and the network to collude.
Instead of downvoting (might have ruffled some egos on here), can someone offer a rebuttal to OP's argument?