Zerodha co-founder Nithin Kamath has revealed that he was once drawn into a pyramid scheme while trying to raise money for his trading account in his late teens, saying the experience taught him that there are no shortcuts to building wealth.
In a post on X after watching the web series Pyramid Scheme, Kamath said the show brought back memories of the time when he spent nearly two years associated with a multi-level marketing (MLM) company that eventually turned out to be a pyramid scheme.
