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No Lyft, No Uber—Unicorn Ponzi’s May Finally Be Peaking
05-13-2019, 09:15 AM,
#1
No Lyft, No Uber—Unicorn Ponzi’s May Finally Be Peaking
No Lyft, No Uber—Unicorn Ponzi’s May Finally Be Peaking

I have been highly critical of the Profitless Prosperity Sector (a.k.a the Ponzi Sector). The sector consists of companies that are effectively Ponzi Schemes; in that they have accelerating losses but show blistering growth rates in order to attract new capital. This all worked fine when companies kept their free floats small enough to be […]


https://davidstockmanscontracorner.com/n...e-peaking/
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