31 May No.25/ Pyramid Schemes
25th TED-ED – TAW coproduction
Synopsis: In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There were only two steps to get started: purchase a $500 kit and recruit two more members. By 2013, the company was making $200 million. There was just one problem — the vast majority of members earned less than they paid in. Stacie Bosley explains what a pyramid scheme is and how to spot one.
View full lesson: How to spot a pyramid scheme – Stacie Bosley
Length: 05 min 01 sec
Release Date: Apr 2, 2019
Educator: Stacie Bosley
Director: Will Mackenzie, Kat Gusarova
Narrator: Bethany Cutmore-Scott
Animator: Will Mackenzie, Kat Gusarova
Producer: The Animation Workshop
Music: Matthew Reid
Director of Production: Gerta Xhelo
Editorial Producer Alex Rosenthal
Associate Producer Bethany Cutmore-Scott
Associate Editorial Producer Elizabeth Cox
Script Editor: Alex Gendler
Fact-checker Francisco Diez
About Kat and Will: Kat Gusarova and Will Mackenzie graduated from The Animation Workshop in January 2016. Since then they have successfully been running their animation studio “Wooden Plane Productions” from Scotland.
More about Kat & Will