“As a Worldcoin Operator, you'll earn money for everyone you sign up with an Orb. You'll build your own team, run your operations and help get people excited about starting their Worldcoin journey.”- https://worldcoin.org/be-a-worldcoin-operator
#PrivateEquity is quite a racket. #PE managers pile up other peoples' money - pension funds, plutes, other pools of money - and then "invest" it (buying businesses, loading them with debt, cutting wages, lowering quality and setting traps for customers). For this, they get an annual fee - 2% - of the money they manage, and a bonus for any profits they make.
But what if you do both? Here's how: you create a "continuation fund" - a fund that buys your old fund's portfolio. Now you've got $5b under management and your carry quintuples, to $100m/year. Levine dryly notes that the #FinancialTimes calls this "a controversial type of transaction":
#cuiProdest is still useful for more roundabout proposals. For example, post.news used a #pyramidScheme for onboarding to pump up the numbers when it had barely just launched and create noise to divert from the attention #Mastodon and the #Fediverse were getting on the first #TwitterExodus. People were sharing their referrals to invite others to join post.news hoping to move faster in the queue (#WIIFY), but this was all to the benefit of the post.news' owners.