The Web 2.0 pyramids: Agloco, eMax and KushCash
Each Internet boom creates its batch of pyramid-like schemes. They cater to the lust for easy returns dominant in euphoric times.
That’s not to say they’re fraudulent. Most of these schemes are plausible on their face, and that’s their allure — and what one person believes is sham, another takes as a golden opportunity. This latest boom has given rise to a number of more innovative business models, which so far have skirted around scam, and… Continue Reading
EMax, another way to make you rich on the Web, or just a prank?
Updated
EMax says it is a new startup in Palo Alto, Calif. launched this week by “a bunch of ex-marketing guys from PayPal,” according to a tipster. It looks like another company that promises to make you rich off the Web, if you jump on its bandwagon early.
However, there’s something fishy about it, and it may be a prank. The tipster, named “Max Levchin,” used the name of the PayPal co-founder. However, the tipster used poor… Continue Reading