Review on LaunchHouse by Hasan Abbas
The future of the LaunchHouse may not be bright if some of its strategies don't change
Hello to everyone. Today I will write to you about LaunchHouse. LaunchHouse is an accelerator founded in the US in 2010. With 11 years of experience, this accelerator has managed to create a unique customer community in the US, even if it's not very famous. Unlike many accelerators, LaunchHouse does not make risky investments, the biggest profit of this company, which has only invested 40 so far, has been 500 thousand dollars. This secures the future of the company and reduces the risk of bankruptcy, but I think not making risky investments is the main reason that hinders rapid growth. Because the world's biggest accelerators managed to grow by taking great risks. The company has an excellent official site, I can even say one of the best sites I have ever seen. The information it contains is also sufficient.
Unlike many other accelerators, the LaunchHouse accelerator has prepared service packs for its customers. I can't say how good a strategy this is, but I am sure that entrepreneurs with good financial standing can grow quickly with this accelerator. Because, although expensive, the services provided by the company are excellent. In addition, the company has created cheaper job packages considering the financially inferior entrepreneurs. In short, although the company continues normally for now, it may suffer in the future due to its expensive services. That's all for now, thanks for reading my review.
Pros
- It has an excellent site, it may even be one of the best sites I have ever seen
- strategizes completely different from other accelerators and prepares service packs for customers
Cons
- not a very famous accelerator
- Not taking big risks prevents accelerator from growing fast
- Some of the service packages are a bit expensive and not suitable for all entrepreneurs
