Agree though that there is a difference between a pyramid scheme (Herbalife imo) and a fad (Groupon) though they have similar growth trajectories.
There are lots of startups that could arguably be considered fads e.g. snapchat, it's yet to be seen whether or not it's a novelty or solving a basic human interaction problem as Facebook did.
Agree though that there is a difference between a pyramid scheme (Herbalife imo) and a fad (Groupon) though they have similar growth trajectories.
There are lots of startups that could arguably be considered fads e.g. snapchat, it's yet to be seen whether or not it's a novelty or solving a basic human interaction problem as Facebook did.