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Silicon Valley Investor Calls Start-Up Economy A Ponzi Scheme

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Old November 17th 18, 08:25 PM posted to alt.california,uk.finance,misc.invest.canada,talk.politics.misc,alt.economics
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Default Silicon Valley Investor Calls Start-Up Economy A Ponzi Scheme

"anonymous" wrote in message news

Silicon Valley Investor Calls Start-Up Economy A Ponzi Scheme


Silicon Valley’s Chamath Palihapitiya, the tech investor behind the Social
Capital venture firm, is telling clients that the start-up economy is has
turned into a sophisticated—and dangerous—Ponzi scheme and the high-stakes
losers are employees and limited partners.

Sounds like fodder for "American Greed" on CNBC...


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