The Black Unicorn Factory is about to launch a new debit card startup that creates wealth instead of just being used to spend and pay the bill. The new Venture Capital debit card is the first of its kind, a debit card that will match every dollar you spend of your money with a dollar to invest.
“This is going to really disrupt the debit card market,” says John Stewart, founder of Black Unicorn Factory, a pre-IPO startup accelerator in Los Angeles. “Today most debit cards are only designed to pay bills and there are a few others that create credit today, but there are no debit cards that create wealth . Now anyone can be an angel investor,” says Stewart.
The venture capital debit evens out the financial rules of the game as it matches every dollar you spend on things you would normally spend money on, with an “equidollar” that can be used to invest in over 100 pre-IPO companies down a lane clear path to IPO”. Venture capital debit will level the financial playing field, as people will no longer be limited by the amount of money they have or don’t have. There is no need to change what you do every month, he exclaimed. It is the first debit card that creates wealth for all those who do not have the capacity to invest. It’s a risk-free way to invest and build wealth. because you don’t use a penny of your own money to invest.
It’s OPM or other people’s money investing at its best, says Stewart. The Venture Capital debit card saves you the trouble of saving, budgeting or cutting back on your investments. The Venture Capital debit card is expected to launch on June 19, 2022. Due to lack of investment, the wealth gap keeps widening.