IN DEBT WE TRUST

The first time someone “priced a round,” they used a ruler and pure audacity. Precision, optional.

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The first “exit” was invented because founders wanted to leave the group chat called responsibility.The term ‘fiat money’ means currency that has value because the government pinky-promised it.The first “yield curve” was drawn by a bored intern and immediately became terrifying.The first “unicorn” was just a company with good branding and questionable unit economics. Mythology checks out.The first index fund was created by someone allergic to opinions. Passive investing: introvert finance.The first dividend reinvestment plan was invented by someone who hated fun. “Let your money work,” they said, joylessly.See all In Debt We Trust facts →

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The first time someone “priced a round,” they used a ruler and pure audacity. Precision, optional. | SmartAss Facts