Just received an email from the Crowdability guys ... if you had gotten into UBER on Angellist.co - a different angel initiative - 36 months ago every $1k invested is now approx. $4 Million+ and UBER not yet public (iirc min was $10K to get in). The success of UBER from an initial crowd funding has traditional VCs sweating bullets - VCs no longer able to demand Shark Tank terms of 33% of every company that exhibits traction. Now more like 1% to 5%.
With the Fed rumbling about increasing interest rates from 0.1% to 0.25% they have global stock markets quaking if the indexed ETF's and traditional stocks might nose dive as a result. That is how fragile the current bull market is.
Point is the key to early stage Private Stock Investing is traction (emerging discipline of crowd investing now that SEC finally getting around to promulgating actual regulations) - most of us know of UBER and many have used it - I use it almost exclusively now in Metro Boston and SoNH especially if I have had any drinks - therefore UBER now has mega traction and generated incredible wealth creation in just 36 months. What will be the next UBER mega Private Stock Market hit? NOTE These guys are clearly up selling some sort of subscription that will not be cheap. If it is reasonable I may subscribe.
My goal would be to share their picks as they come up and then collaborate with other forum members to see if the service or products of the new picked companies have any merit and more importantly traction - would it be something you use or buy? A great acid test. As RVF frowns on any cut and paste promos send me a PM if any interest in this.
Keep her deep - diver out.
P.S. Looks like it will be a series of 4 promotional "lessons" so like I said PM me for the links.
DISCLAIMER I get NO affiliate remuneration from this - just curious of the crowd testing potential of new picks to see if they will really have any traction and be the next big hit or not as I know forum members are not shy about their opinions.
With the Fed rumbling about increasing interest rates from 0.1% to 0.25% they have global stock markets quaking if the indexed ETF's and traditional stocks might nose dive as a result. That is how fragile the current bull market is.
Point is the key to early stage Private Stock Investing is traction (emerging discipline of crowd investing now that SEC finally getting around to promulgating actual regulations) - most of us know of UBER and many have used it - I use it almost exclusively now in Metro Boston and SoNH especially if I have had any drinks - therefore UBER now has mega traction and generated incredible wealth creation in just 36 months. What will be the next UBER mega Private Stock Market hit? NOTE These guys are clearly up selling some sort of subscription that will not be cheap. If it is reasonable I may subscribe.
My goal would be to share their picks as they come up and then collaborate with other forum members to see if the service or products of the new picked companies have any merit and more importantly traction - would it be something you use or buy? A great acid test. As RVF frowns on any cut and paste promos send me a PM if any interest in this.
Keep her deep - diver out.
P.S. Looks like it will be a series of 4 promotional "lessons" so like I said PM me for the links.
DISCLAIMER I get NO affiliate remuneration from this - just curious of the crowd testing potential of new picks to see if they will really have any traction and be the next big hit or not as I know forum members are not shy about their opinions.