Henrik Zeberg

People started buying it, the market rose up, and people kept buying this tulip, or the tulips, not because of its utility, but because they thought they could sell it off the next day to earn money.

The bubble burst at the peak of that hype, of that mania, and that's just to explain how mad it can become.

One tulip bulb had the price of a house at that time.

Then we can fast forward to the 1840s Britain.

And this was at a time where a fantastic technology came out.

Steam engine, the locomotive, promised to change the world.

And it certainly did.

But the thing was, everybody thought that this is now changing ways also we'll earn money.

And everybody FOMOed in.

Thousands of companies rose up, were established.

People thought this is a cannot-lose opportunity.

And again, we saw how a bubble burst and a lot of people actually lost money.

And this was still because even though there was a really fantastic technology that changed the world.

We can then fast forward to the Roaring Twenties and try to imagine that was a time where we just saw the end of the First World War.

We saw the electrification, we saw the technology of a car, we saw radio coming out.

Try to imagine sitting there in your silent home, all of a sudden you can turn on the radio and you can hear people speaking to you.

That was quite something.

Turning on the light, getting yourself into the car and driving instead of having horses.

We think we have seen technology, a leap in technology.

Well, I can tell you that was special.