tech, startups, internet

Losing a month of runway to inflation.

“In the mid-2000s, many startups invested their excess cash reserves in instruments called Auction Rate Securities. ARS produced a steady stream of interest payments, like savings accounts, with a higher return.” It seemed great, until it wasn’t anymore. | learn more

fun facts

Why did it take so long to invest the thermometer?

Since the third century BC, the “inverted flask experiment” demonstrated the basic mechanics of air temperature impacting the water level in a column. But it wasn’t until the 1600s that someone paired it with a scale to turn it into […]