IN DEBT WE TRUST

The first venture capitalist invested in a lemonade stand and demanded a board seat. Childhood hasn’t recovered.

✗ FAKE
Venture capital as an industry emerged in the 20th century, with firms like American Research and Development Corporation founded in 1946. The lemonade stand story is a joke.

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The phrase “money talks” was invented by a banker who heard coins whisper “bad decision.”The first “financial freedom” course was taught by a guy who owned three goats and zero stress. Unfair advantage.The 'Rule of 72' estimates how long it takes an investment to double. Unless you’re in crypto—then it’s either 72 minutes or never.Forex (foreign exchange market) is the largest financial market in the world. And somehow, you still can’t time your vacation currency right.The first audit happened because someone wrote “trust me” in the ledger too many times. Red flag energy.Recession is defined as two consecutive quarters of negative GDP growth. Economists’ polite way of saying, “Good luck, everyone.”See all In Debt We Trust facts →

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