If it was a bad idea the first time around, it’s probably a bad idea the second time around too. Mike was harsh on AGLOCO, a variation of the failed AllAdvantage pyramid scheme from a few years ago, when he wrote about their launch. He was right to question the business – they’re closing down. The following email was sent to at least some AGLOCO members: We would like to update… → Read More
We don’t always slam a company just for taking a new spin on an idea that didn’t fly in the bubble. But if the founders of the new company were part of the old company, and the business model looks a lot like a pyramid scheme, and they are saying publicly that the only reason it didn’t work the first time around was because the market crashed at the wrong time, we’re going… → Read More
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