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Every Uber/Lyft Question Answered HERE

598 Views 2 Replies 2 Participants Last post by  Trump Economics

"Such organizations seldom involve sales of products or services with value. Without creating any goods or services, the only revenue streams for the scheme are recruiting more members, or soliciting more money from current members. The behavior of pyramid schemes follows the mathematics concerning exponential growth quite closely. Each level of the pyramid is much larger than the one before it. For a pyramid scheme to make money for everyone who enrolls in it, it would have to expand indefinitely. This is not possible because the population of Earth is finite. When the scheme inevitably runs out of new recruits, lacking other sources of revenue, it collapses."

Better hurry up and make your less than minimum wage -- your time is coming.
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Literally the highlight of my day...

How long did that take you -- 20 minutes?

I was being SARCASTIC.

Lyft and Uber don't fit the traditional model of anything, but it's fair to say they've conned people, isn't it?

How many settlements are we talking -- a few hundred (that you know about)? Call it what you want, but when there aren't any drivers left (except for ex-cons and prostitutes), I'm not quite sure investors will be getting their money back.
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