Younique sells for $1B ... The founders are from Lehi. Any connection to BYU? If so, let's hit them up for a donation

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Jan 17, 2017
6:40:37pm

HarlemCoug Starter

Younique sells for $1B ... The founders are from Lehi. Any connection to BYU? If so, let's hit them up for a donation

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http://www.wsj.com/articles/coty-to-buy-younique-valuing-cosmetics-startup-at-1-billion-1484064703

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HarlemCoug

Previous username: Big12
Bio page: HarlemCoug
Joined: Sep 8, 2014
Last login: May 10, 2024
Total posts: 32,361 (4,048 FO)

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Messages

Author

Time

Younique sells for $1B ... The founders are from Lehi. Any connection to BYU? If so, let's hit them up for a donation

HarlemCoug Starter

1/17/17 6:40pm

What is that?

byu1

1/17/17 6:43pm

Founders are a BYU CS grad and Ricks College alum. Bro and sis. Is it MLM?

dtownCoug

1/17/17 6:44pm

yes

byukarl

1/17/17 6:48pm

The dude that cried on his promo video about makeup is a BYU grad? Ugh.

Ragnar Danneskjold

1/17/17 7:10pm

The owner just gave a guy I know 5k in travel gift cards

cougarfann888

1/17/17 6:45pm

When I hear stories of over the top generosity from MLM ceo-types it just makes

Unibro

1/18/17 8:44am

No. Since its an MLM it is unethical.

Unibro

1/17/17 6:53pm

This board is stupid when it comes to MLMs

byukarl

1/17/17 7:00pm

The biz model is inherently unethical. Unless younique deviates significantly

Unibro

1/17/17 7:14pm

Gross

Backcountry

1/17/17 7:30pm

It's as ethical as a pyramid scheme, cause it is one.

Left Shark Coug

1/17/17 7:32pm

If they use a pyramid model, they are evil, regardless of how good their product

Mister P

1/17/17 7:44pm

As long as the product is legit then it's not unethical or a pyramid scheme.

Ulysses14

1/18/17 5:08am

^Assuming the greater proportion of revenues come from actual sales of the

Ulysses14

1/18/17 5:10am

It's not about annoyance. It's about a corpotate structure that preys on it's r

Unibro

1/18/17 8:41am

Legal? Sure, but so is prostitution in some places..

Unibro

1/18/17 8:42am

That's not true if the bulk of revenue comes from actual sales. While I agree

Ulysses14

1/18/17 8:53am

Sales to distributors count as revenue. That right there is bogus if you know

Unibro

1/18/17 10:04am

according to Wiki.... when speaking of "recruiting mlms" 99.9% of all distributors lose money.

HarlemCoug

1/18/17 10:31am

Sounds like you guys agree with me. If

Ulysses14

1/18/17 11:10am

No legitimate reason to structure as an MLM if that is the case

Unibro

1/18/17 11:22am

Sure there is. Take a % of your downline's profits. It's no different than any

Ulysses14

1/18/17 12:43pm

It is different. MLMs take a % of downline's purchases. Conventional businesses

Unibro

1/18/17 1:10pm

It's similar to a franchise in that sense. There are a number of reasons I would

Ulysses14

1/18/17 1:48pm

<< Deleted >>

Odysseus

9/16/21 10:18pm

filthy lucre

1/17/17 7:01pm

Arrrrrrr

TNT

1/17/17 7:26pm

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