Facebook is a Ponzi Scheme - Joseph Javier Perla
may 2010 by jpcody
Facebook posts huge revenues. In fact, they recently asserted that
they are EBITDA profitable. This boosts both their respect in the
world and their valuation. However, these returns, while real, are
unsustainable. They exist and are sustained in the same manner that
Ponzi schemes are. Facebook is a Ponzi Scheme.
facebook
social-media
social-network
ponzi
scheme
they are EBITDA profitable. This boosts both their respect in the
world and their valuation. However, these returns, while real, are
unsustainable. They exist and are sustained in the same manner that
Ponzi schemes are. Facebook is a Ponzi Scheme.
may 2010 by jpcody