Run the Numbers

A CFO Explains Stock Exchanges


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In this episode of Run the Numbers, CJ breaks down how stock exchanges became the operating system of modern capitalism. From ship captains raising voyage money, to the Dutch East India Company’s first tradable shares, to coffee house traders, the Buttonwood Agreement, market crashes, Robinhood, and GameStop, this is the story of how markets turned ownership into something liquid, global, and very, very human.

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RightRev is an automated revenue recognition platform that lets your product team ship new pricing without asking finance for permission, and your sales team close deals without creating downstream chaos. Check out their free tool at calculator.rightrev.com It scores your rev rec process, shows what's exposing you to risk, and tells you exactly where to focus before it bites you in the rear end. Check it out at https://calculator.rightrev.com

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EY has been part of Silicon Valley since it was just a valley, helping the most successful names in tech go from startup to exit to megacap. With teams across strategy, tax, audit, and transactions, EY helps you get your financials right early, long before your investors start asking for it. You build the next big thing, and EY will help you build it right. Learn more at https://www.ey.com/techstartups

LINKS: 

Mostly Talent: https://mostlymetrics.typeform.com/to/cLTxtAsN

CJ: https://www.linkedin.com/in/cj-gustafson-13140948/

Mostly metrics: https://www.mostlymetrics.com

Slacker Stuff: https://www.slackerstuff.com/

Ben on LinkedIn: https://www.linkedin.com/in/slackerstuff/

RELATED EPISODES:

A CFO Explains Secondaries

https://youtu.be/pENvBuXhGuk

A CFO Explains the Diamond Industry

https://youtu.be/fPrho7hvykA

A CFO Explains Marketplaces

https://youtu.be/LpbH9GpBrSY

TIMESTAMPS:

0:00 The First IPO, and Why It Changed Everything

2:50 Coffee, Buttonwood Trees, and the First Insider Trading Scandal

6:31 The Railroads Built Your Month-End Close

10:17 Sponsors — SpendHound | Brex | Aleph

13:47 Buying Stocks on Credit, and How That Ended

18:13 Merrill Lynch Goes to the Suburbs, and the Paper Almost Wins

21:44 Sponsors — RightRev | Rillet | EY

24:47 NASDAQ, Pets.com, and the Most Expensive Sock Puppet in History

28:49 The Phone in Your Pocket Democratized Everything, For Better or Worse

33:03 The Stock Market Was Never Really About Stocks

36:47 Credits

#RunTheNumbersPodcast #FinanceHistory #StockMarket #Investing #FinanceLeadership

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Run the NumbersBy CJ Gustafson

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