My palms are sore.
So are Wayne’s.
You see, we’ve been pounding the table all year about a subject that’s near and dear to our hearts—and near and dear to your wallet.
In fact, this subject was the focus of our boldest prediction of 2015…
Title III is Coming!
Our prediction was about Title III of the JOBS Act.
Title III, as we’ve been excitedly writing about at Crowdability, is the law that would finally allow regular investors like you to invest in the most profitable asset class of all:
Private equity.
After discussions with numerous sources—politicians, finance professionals, attorneys with close contacts at the SEC—we decided to go on record and make one of the biggest and boldest predictions of our careers.
As we wrote in the Crowdability newsletter back in the first half of 2015:
“A few months from now, one of the most powerful organizations in the U.S. will make a major announcement. By enacting the final portions of a new law known as ‘The JOBS Act,’ the SEC will open up the private equity markets to all investors.”
Many folks doubted our prediction. Others said we were insane. Many more simply ignored us.
I mean, Congress had been dead-set against this change since 1933…
Why would it change its tune now?
But we had faith in our claim…
In fact, we felt so strongly about it that we gave a highly-specific date that the change would take place:
“October of 2015.”
To see some examples of our table pounding and predictions, click here and here.
So now let’s see how badly we embarrassed ourselves…
It’s Official
After months and months of anticipation, we finally heard the news:
On October 30th, the SEC voted on Title III of the JOBS Act—and in a vote of 3-to-1, it officially legalized “equity crowdfunding.”
For the first time in 83 years, all investors—regardless of income or net worth—would now be able to invest in private equity, including high-potential start-up companies.
We could finally stop pounding the table—at least about our prediction that Title III was coming…
What’s Next?
Curious about what we’re predicting next?
Stay tuned:
Before the end of the year, Wayne will share with you some of our forecasts for 2016—including how you can get in on the action.
Best Regards,
Founder
Crowdability.com
