Thread by @TrungTPhan

1/ Unofficial list of best deals ever (minimum gain of $1B)

1. Eduardo Saverin - FB (2004): $15k --> $14B (return = 866,666x)
2. US - Louisiana (1803): $15m -> $1T (66,000x)
3. Naspers - Tencent (2001): $32m -> $200B (6000x)
4. Softbank - Alibaba (2000): $20m -> $100B (5000x)

2/

5. P. Theil - FB (2004): $500k --> $1B (2000x)
6. Sequoia/Kleiner - GOOGL (1999): $13m --> $20B (1500x)
7. FB - IG (2012): $1B -> $250B (250x)
8. GOOGL - Youtube: $1.6B --> $300B (200x)
9. eBay - Paypal (2002): $1.5B --> $100B (70x)
10. Roche - DNA (1990): $2B --> $100B (50x)

3/ Honorable mentions

* John Paulson - CDS (2007): $3B -> $15B (only 5x but considered "greatest trade ever")

* Netherlands - Manhattan (1656): $0 -> $10T (seller didn't have title)

4/ SOURCE: This is adapted from Martin Shkreli's prison blog, so don't drag me if I left something out or the valuations off.

(For real, though, Pill Gates' blog is really entertaining).
martinshkreli.com/blog/f/921---s…

Ugh, already messed it up.

#5 should be:

SIG-Bytedance (2012): $5m --> $15B (3000x)

6/ UPDATE: We have a new #2 Best Deal Ever

Jackie & Mike Bezos - Amazon (1995): $250k --> $20B - $60B (80,000x to 240,000x)

7/ UPDATE: Shopify edition

• Bruce McKean (Tobi's father-in-law) - Shopify (2007): ~$200k --> $7B (35,000x)

• John & Cathy Phillips - Shopify (2007-09): $750k --> $4.4B (6000x)

8/ UPDATE: Google edition

• Jeff Bezos - Google (1998): $250k --> $5B (20,000x)

• Andy Bechrolsheim - Google (1998): $100k --> $1.5B (15,000x)

9/ Created a spreadsheet incorporating updates and comments for GREATEST DEALS EVER.

Eduardo Saverin still wins 🤣

docs.google.com/spreadsheets/d…

10/ The Official table of the "Unofficial Greatest Deals Ever"

(Minimum gain of $1B; *nitpick away)

GOOGLE DOC: bit.ly/378APFT