You are google. I am your friend who wants to sell lemonade.
You have invested in my stand and own a piece. You propose a deal, You'll buy $11 of lemonade from me every week.
Does my stand look like it sells way more lemonade, than it would in reality? And since you own a piece, your own piece has appreciated. You ran the numbers and that spending of yours helps appreciate it considerably more (feel free to plugin the actual spaces-google numbers here and change the analogy).
Are the people who invest in my business after you, on its new valuation, aware that you are the one buying most my lemonade? And are you going to keep buying or will stop buying soon (probably as soon as you can unload your investment on strangers). So the fraud and lie as you said, is the behavior is not as real as it looks.
Am I thinking this through wrong, what do you think?
Edit: my definition of fraud is simpler and different from yours. a "lie" need not be there. fraud is any intentional misrepresentation (i.e. misrepresenting income to the public).
Fraud is:
* an intentional misrepresentation of fact, whether by words or conduct, by false or misleading allegations, or by concealment of what should have been disclosed;
* made by one person to another;
* with knowledge of its falsity;
* for the purpose of inducing the other person to act, and upon which the other person relies;
* resulting in injury or damage.
Neither the Google/SpaceX situation nor your story constitute fraud. RTFM.
I said this: >fraud is any intentional misrepresentation
Did you not read my post? It looks to very inline with what you stated fraud is in your many definitions. Clearly I read the definition, I was aiming to simplify to make dialog possible.
My definition still aligns with yours.
And I still see it as fraud, and so would others. Seems you don't. and thats ok.
To say I should read fraud as though I couldn't look up the definitions, and then copy/paste one that literally contains what I said is disingenuous and straw Manish & ad hominem (and hostile) don't you think? Maybe thats why you call something borderline unethical as though it's a feat of engineering. As though we can now reward & celebrate unethical acts.
