scapegoat capitalism

when a good or service is provided by two separate companies in partnership, and when something goes wrong company A tells you to reach out to company B and company B tells you to reach out to company A.

I went to Apple because I was having a problem with my iPhone and they told me I had to go to the AT&T store to fix it. I went to the AT&T store and they told me to go back to Apple. Typical scapegoat capitalism.

I ordered food on Uber Eats, but it never came. I called their customer service line and they told me to reach out to the restaurant. When I called the restaurant they told me I should reach out to my Uber Eats driver. True scapegoat capitalism at work.

by truetreat August 14, 2022

Capital G Gay

Someone so queer, so over the top flamboyantly homosexual that there is no possible way they could be straight.

Girl: I think that cheerleader dude is kinda hot.
Friend: He's Capital G Gay, you don't have a shot in hell.

by MrJizz May 15, 2010

Capital University

A small university in Bexley, Ohio. A fuzzy man resides in the center of campus to be climbed every year on reading night. Campus security is top notch and will help you get out of any Red Rover altercations with the Bexley police.

I would like to attend Capital University. I hear it is a fine educational institution.

by capalum February 24, 2009

capital cruising

Truck club started in Kentucky unfortunately it’s spreading like herpes it’s full of clapped rust buckets and depression

Rules:
Must have Shitty lights in wheel wells

Must be clapped “essential”
Must be able to retrieve keys through rust holes in floor board

Must be a virgin

Hell yeah bro I just joined capital cruising let’s go leak oil in the Kmart parking lot

by Yup we’re leaking August 10, 2021

Capitalism

You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. You sell one cow to buy a new president of the United States, leaving you with nine cows. No balance sheet provided with the release. The public buys your bull.

Normal guy: "Dude, your company just took a crap but you just bought that mansion! How'd you do it?"

Douchebag CEO: "Capitalism."

by DeskFlyer August 21, 2009

Washington Capital Syndrome

Sports teams that can beat the best teams but lose to the crappy ones.

The Washington Caps are the best team in the NHL but lose to 23 ranked Tampa bay lighting ie "Washington Capital Syndrome"

by jilly jackerson March 13, 2010

Bootstrap Capital

Also known as self-capitalization, this is how most start-ups actually capitalize themselves. Sources of bootstrap capital include: soft capital (Mom/Dad/Rich Uncle Buck), home equity loans, supplier credit, consulting, credit cards, retainers, deposits, progress payments, receivables factoring, partners, sponsorships, guarantors, pre-sales, launch clients and more. Bootstrap capital allows the ownership to keep control of their own enterprises and not lose them to VCs and other debt or equity holders.

“Two former students decide to start a home building business. They have no capital so they: 1. find a friendly landowner who allows them to set up shop in a field and pre-sell homes with no money up front to the landowner (who gets paid when the homes sell); 2. they pre-sell 10 homes and take deposits of $20,000 per home so now they have $200,000 in their bank account; 3. they get 90 and 120 day terms from their suppliers so that the suppliers also get paid when the homes sell; 4. they take their 10 Agreements of Purchase and Sale and pledge those to the Bank for a LOC (effectively borrowing their clients' credit scores). After two years, they have $800,000 in the Bank and own 100% of the business. This example demonstrates five sources of bootstrap capital: supplier credit, pre-sales, launch clients, deposits and guarantors.”

by ProfBruce October 31, 2009