To The Moon
Although our portfolio has been heading full throttle into 2018, things around the website have been kinda slow. The holiday lull, family time, and personal lives all took a front seat, but don’t worry, we’ll be back.
But before we worry about what’s next for the new year, I just wanted to take a moment to reflect on the year that was 2017, the biggest year for Sneaky Falcon Enterprises yet! Let’s look back at some of the highlights.
We Have a Website!
Financial successes aside, one of the biggest wins (and my personal baby) is our website, which you are reading right now! While we made the decision to pursue a Sneaky Falcon website way back in 2016, it wasn’t until this last year that we officially launched in March.
It has been an amazing journey that has already opened new doors and opportunities for the team. We are still trying to really find our internet selves and understand how our humor, analysis, and investment club tales all fit together. But we’ve slowly built a following, and a strong foundation to grow from in the coming year.
In another Sneaky Falcon first, the entire team participated in a much over-hyped Annual Shareholders Meeting in Las Vegas this summer. There were hashtags, jokes, plenty of drinks, craps, and very little business discussions had.
It was a great team building exper… eh forget that, it was just one hell of a good time.
Crypto Falcon Enterprises
If you regularly read the blog, or follow us on twitter, you probably noticed that more of our time and brainshare has been focused on bitcoin and other cryptocurrencies over the last few months.
Ever since our first cryptocurrency purchase of bitcoin, ripple, and monero back in October, we’ve watched our holdings and the broader market skyrocket. Things in crypto world happen fast, and we’ve been riding a wave of success that has propelled our portfolio value upward.
However, with all the astronomical price movements, we generally have mixed feelings about the future, how much of our portfolio we are willing to allocate to this new asset class, and where prices can go from here. Is it a bubble? Is it just the beginning? Is it the future? Who knows.
Big Money, Big Money
While you can check out our full financial report here and we’ll also have year end review out later, I’d be remiss to not mention our financial success in 2017.
Things were looking pretty bleak through the middle of the year. After coming off a disappointing end to 2016, losing money while the market was steadily climbing was infuriating.
Thanks to our crypto investments and some other fortunate turnarounds in our portfolio however, we officially clawed our way out of the deep hole we dug, marking a return to profitability in November. If things continue like this in 2018, we actually could get back on target with our overall financial goals.
To The Moon
With all of the great progress we made in 2017, it leaves us very optimistic for what lies ahead in 2018. In addition to growing what we do here (and our wealth, am I right?), we have some other projects in the works that may just take flight in 2018.
Our investment club, while never traditional, is always evolving. As our capital base grows, even more new opportunities to invest and get involved with other businesses will be found.
I’m looking forward to it, and I’m excited to have all of you along for the ride.
Stay Sneaky and we’ll see you at the top!
Latest posts by Sean S (see all)
- Why the First Business You Start Should be an Investment Club - May 22, 2018
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- Evaluating a Cryptocurrency Investment Opportunity - April 27, 2018