The truth about QUEST:
[Please forward it to all you know who have or are planning to invest in QUEST]
[Please read complete. It is very important]
Hi Guys!!
We all have heard a lot about QUEST and most of us have been making big money out of it.
I have not put in a single penny in it.
People say I cannot take risk, or I don’t have guts!!!
I want to prove its not RISK or GUTS…. But it is the unethical sense of business that keeps me away from “quest”.
First: QUEST is not a business.
Every business has two parties benefited from it.
Whenever any business grows, it makes more money.
Example: Infy:
Party 1: Client reduces its cost of software testing/development.
Party 2: Infy employees/shareholders –they all make money.
The more the software service business grows, the more money employees/shareholders/clients make.
Let’s take the case of QUEST:
QUEST is divided into a binary tree structure that grows downwards. It is divided into levels.
Lets count the levels from TOP. (check pic)
In QUEST everyone, Below last 3 levels is at loss. Everyone above that makes money.
V.Imp:
Say, there are 100000000 (10 crore = 10^8) people in this world who can afford to pay Rs.30000 (just an assumption)
Consider all paid for QUEST.
As, Total number of people till nth level = Summission (2^n) = 2^(n+1) - 1 for a geometric progression. (check pic)
Hence number of levels can be calculated as,
Summission (2^n) = 2^(n+1) - 1 = 10^8.
=> n=27. (check pic)
This implies, level 1 to 24 makes money and 25 to 27 looses money.
=>total number of people till level 24 = Summission (2^24) = 2^25 – 1 =33554432 – 1 = 33554431 = 3.35 crore approx.
----There are 6.65 crore people who loose money for 3.35 crore people to earn money----
---the more the business grows, the more losers it has…
If everyone in india plays it(say 100 crore):
N=30.=number of levels.
1 to 27= winning levels
28 to 30=losing levels.
Winners: sum of (n=1 to n=27) = 13 crore.
Losers: [sum of n=1 to n=30] – [sum of n=1 to n=27] = 100crore -13 crore = whopping 87 crores!!!!
____________this is not a business!!!!
This is passing the buck!!! The one who holds it at last is the culprit!!
It is like passing pillow in the game of antrakshri…..
But here, there are more people who sing song and less who applaud!!!
I am sure if I join I will be above “last 3 levels”, but I feel pity for those who join below me…
___anshul bhardwaj
J
Business is ethics.
