This is an Internet age Ponzi scheme. | Hacker News

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		cwilkes on Dec 11, 2015 \| parent \| context \| favorite \| on: Show HN: Ponzi.es – Startup sticker ponzi scheme This is an Internet age Ponzi scheme.

leereeves on Dec 11, 2015 | [–]

It's not a Ponzi scheme if startups donate stickers for them to give away.

Piskvorrr on Dec 11, 2015 | [–]

Not really; while it does use some of its mechanisms, it lacks the crucial one: recursion.

mikeash on Dec 11, 2015 | | [–]

How so? Each new "investor's" sticker goes to "pay off" a previous one, and then they are in turn "paid off" with the stickers from two new "investors."

pforpineapple on Dec 11, 2015 | | [–]

Seems pretty recursive to me.

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