invest.fail

The Bureau of Historic Losses · Estates & Handshakes Division

Fortunes Signed Away

The Archive next door is for the people who never bought. This drawer is for the ones who had it — in hand, on paper, on a handshake — and let it go. Two of them, to the Bureau's quiet outrage, came out ahead anyway.

001 · SIGNED AWAY · 1961 · Richard & Maurice McDonald

The Handshake

They invented the restaurant. They sold it for a one-off cheque and a handshake that vanished.

what they sold all of McDonald's for, 1961

US$2.7M

002 · DILUTED · 2005 · Eduardo Saverin

The Dilution

The co-founder they engineered out of Facebook. He sued his way back to a couple of billion dollars.

his stake the day Facebook went public, 2012

US$2B

003 · REDEEMED · 2008 · Cameron & Tyler Winklevoss

The Redemption

Turned down for Facebook, paid off to go away — and they put the payoff into bitcoin at $120.

what the Facebook settlement was turned into

~1% of all bitcoin

Most fortunes aren't lost in a crash. They're signed away in a good mood.

The Archive — fortunes never bought

or the Skeptics' Ledger — who called it a scam, and what it did since