A few days ago, Mashable detailed an underground Instagram economy that allows people and brands to pay thousands of dollars to intermediaries and Instagram employees to become Instagram verified (see The Blurb for article).
Yes — becoming an influencer is potentially good for biz (or your ego).
PSA: If your Twitter or Instagram bio uses 2 or more of these hashtags (#influencer, #thoughtleader, #futurist), you are none of the above.
The crypto boiler room
Our first office was next to a “boiler room.”
The boiler room was a motley group of scumbag guys (they were all guys) who’d call old people trying to bilk them out of their retirement money by having them invest in garbage penny stocks. We’d hear them talking to people on the phone saying things like “Listen. Nobody ever got hurt jumping out of a basement window.”
Now, ICOs — tech friendly penny stocks — are getting into the pump & dump scheme with an equally savory cast of characters.