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A comment on A Social Network Doling Out Millions in Ephemeral Money. Parent comment

Re:A Social Network Doling Out Millions in Ephemeral Money by charlesism on Thursday October 05, 2017 @01:53PM (#15411071)
With multilevel marketing, the joke generally is on you.
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Re:A Social Network Doling Out Millions in Ephemeral Money by cryptoctopus on Friday October 06, 2017 @02:50PM (#15419327)
Check the dictionary...there is no multilevel marketing happening there. They don't even have 1 level since there isn't even a referral program. It's a social network, of course he will talk about the network effect.
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Re:A Social Network Doling Out Millions in Ephemeral Money by Kiro on Thursday October 05, 2017 @04:55PM (#15412510)
What's the MLM component exactly?
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Re:A Social Network Doling Out Millions in Ephemeral Money by ojosilva on Thursday October 05, 2017 @08:12PM (#15413541)
A network where participants are only interested in profiting from its networking effects.

The Steemit frontpage has many self-referencing articles and self-serving, monochromatic content.

Similar to Herbalife which is mostly made up of entrepreneurs selling entrepreneurship to the unsuspecting. There is no product-market fit. When there's money being made and no market fit, suspect MLM.

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