Everything Is A Ponzi Scheme!

As Hunch co-founder Chris Dixon points out, people on popular news aggregator Hacker News like to call almost everything a “ponzi scheme”. 

A ponzi scheme is a more specific thing than a scam. It’s an investment scam where the money from later investors is used to pay earlier investors. 

Not everything is a ponzi scheme, guys.

hacker news ponzi scheme

Photo: Screenshot

Related: The Most Important Chart About Business Insider (That’s Not About Business Insider) →

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

ponzi schemes sai-us