Ep. 142: Ponzi Schemes
The Seen and the Unseen - hosted by Amit Varma
00:00
Ponzi Schemes in Platform Businesses
This chapter explores the concept of Ponzi schemes in platform businesses like Oyo, Uber, and Facebook. It discusses how these companies attract users through discounts and rely on continuous cash flow from investors to cover operating losses. The chapter also examines the implications of Ponzi-like structures in businesses and discusses the impact of ride-hailing services like Uber and Ola on the public transportation market.
Transcript
Play full episode
