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Pastimes : Starbucks SBUX -- Ignore unavailable to you. Want to Upgrade?


To: Sturgeon who wrote (27)8/15/1996 5:35:00 PM
From: Ken Berkun  Respond to of 148
 
If you get into a Pyramid scheme early enough, then it _does_ work.

But I don't think Starbucks is a pyramid scheme. They deliver a good
product (it's irrelevant whether it's the _best_ product) and there is a
large undeveloped market, world wide. Coffee consumption in the US is still down considerably from the '50s - and that was lousy coffee. With good coffee the potential is even greater.

I agree that Italian and French coffee is better, but so what? Marketing counts. Pepe's pizza is the best, but Pizza Hut thrives.

Ken



To: Sturgeon who wrote (27)3/3/1998 4:42:00 PM
From: BenYeung  Respond to of 148
 
Sorry if I am wrong, a pyramid scheme is one which people recruit downlines to generate "sales" and promised wealth and fortune. I was in one before so you dont have to explain much to me.

Starbucks runs stores, and in certain locations, licensed stores. Maybe their ROE is relatively low, that doesnt make it a pyramid scheme in any ways. They run their stores, they pay their employees, so I dont think Starbucks qualifies for a pyramid scheme.

You may call it a scheme if you want, because you are entiitled to you opinions. But pyramid...I dont think so.