Digital ExistentialismEuphemism
Exit
EG-zitnoun
What it means
The moment founders are paid for the company's potential, which was always the only part of it that existed.
What it actually means
We sold before it had to work.
How it is used in a sentence
"The team is excited about the exit. The users less so."
Filed under
Digital Existentialism — Ideas that were briefly worth billions, explained by people who are briefly employed.
Euphemism — The phrase hides something specific. We decode it.
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Related entries
Unicorn
Digital ExistentialismYOO-nih-kornnounEuphemism
A private company valued at a billion dollars by investors who are also paid to value it.
Real meaningA billion dollars, as agreed by the people paid to agree it.