Fraud and Financial Pyramids
16 min
Monetizing Attention Instead of the Product: A Pattern Everyone is Tired Of
My critical post about a Kazakh startup went viral in a day. Not because I'm a hater, but because it tapped into the collective fatigue from PR instead of results. I analyze how valuation differs from capitalization, why run-rate is not ARR, and what 7 questions to ask any "unicorn" before believing in impressive numbers.