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No, tulip mania wasn't even close: 5,000× returns [1]. More successful investments are easy to find, eg. someone pointed out in another thread that the founders
by mrb 9y ago
No, tulip mania wasn't even close: 5,000× returns [1]. More successful investments are easy to find, eg. someone pointed out in another thread that the founders seed round of Uber generated 65,000× returns.
[1] The all-time record sale seems to have been about a bulb selling for 5,200 guilders ( http://www.todayifoundout.com/index.php/2012/12/when-certain-tulips-cost-more-than-a-house/ http://www.todayifoundout.com/index.php/2012/12/when-certain... ); and the pre-bubble price of tulip bulbs was about ~1 guilder each.