This term refers to the first major round of funding a startup raises, typically led by institutional investors.
What is Series A?
This index tracks 30 large, publicly-owned companies in the U.S. and is often used as a barometer for the economy.
What is the Dow Jones Industrial Average?
This investor and CEO of Berkshire Hathaway is known as the "Oracle of Omaha."
Who is Warren Buffett?
This 2008 event was triggered by the collapse of Lehman Brothers and led to a global financial crisis.
What is the Great Recession?
This financial ratio measures a company’s ability to pay short-term obligations with its current assets.
What is the current ratio?
This term describes when a VC invests in a startup at a lower valuation than the previous round, often seen as a red flag.
What is a down round?
This term refers to the practice of borrowing shares to sell them, hoping to buy them back later at a lower price.
What is short selling?
This Indian tycoon lost $58B in 2022, the biggest one-year wealth drop in history, due to Adani stock crashes.
Who is Gautam Adani?
This 1999 tech event saw the rapid rise and fall of internet-based companies, leading to massive losses for investors.
What is the dot-com bubble?
This term describes a company’s strategy to focus on its core business by selling off non-core assets.
What is divestiture?
This controversial clause lets VCs maintain their ownership % in future rounds, often diluting founders.
What is a "full-ratchet anti-dilution" clause?
This financial instrument, often used by institutional investors, allows exposure to a basket of assets without owning them directly.
What is an ETF (Exchange-Traded Fund)?
This “Billionaire Whisperer” advised Zuckerberg and Bezos and authored The Ride of a Lifetime.
Who is Bob Iger?
This 2012 event, where Facebook’s IPO glitch cost Nasdaq $10M, is a case study in exchange failures.
What is the "Facebook Flash Freeze"?
This tax maneuver let Tesla sell $1.5B in regulatory credits to rivals like Fiat Chrysler.
What is carbon credit trading?
SoftBank’s $100B Vision Fund famously overvalued this co-working startup, leading to a disastrous IPO.
What is WeWork?
This 1987 stock market crash saw the Dow Jones drop by 22.6% in a single day, the largest one-day percentage drop in history.
What is Black Monday?
She co-founded Argonaut Ventures, invested early in Tesla, and famously said, “Don’t pitch me unless you’re ready to be CEO.
Who is Kathryn Gould?
This 2019 IPO drew scrutiny for its “direct listing” approach, bypassing traditional underwriters.
What is Spotify’s IPO?
This obscure SEC rule (No. 10b5-1) lets executives legally trade shares using pre-planned schedules to avoid ______ claims.
What is insider trading?
This venture capital firm, founded in 2009, is known for its bets on Instagram, Slack, and Airbnb.
What is Andreessen Horowitz (a16z)?
This trading strategy, used by Renaissance Technologies, relies on algorithms and big data to exploit micro-patterns.
What is quantitative/statistical arbitrage?
He built ByteDance (TikTok’s parent) into a $225B empire while avoiding U.S. scrutiny due to his low-profile style.
Who is Zhang Yiming?
This 1929 event marked the beginning of the Great Depression and a massive stock market crash.
What is Black Tuesday?
In 2016, Verizon wrote down $4.6B on this acquisition, admitting it overpaid for a dying web pioneer.
What is Yahoo!?