Review on LAUNCH by Olugbenga Ajayi
Launch has great partnership
Launch is a startup incubator established by Jason Calacanis and his team. Their mission is to invest in founders and inspire innovation. This simply means that Launch only deal with already made companies that are duly registered, infact such companies must have a company website. Part of the requirements on the Portal is the company name and url. In a nutshell, Launch does not invest in idea.
Unlike many other programme in this category, launch give emphasis on established products or services that must solve a given problem and thar can gain mass adoption.
I was particularly overwhelmed to know that Launch has helped startups like Uber, Thumtack, Datastax and lots more to grow to where they are today. Also it is noteworthy that Launch has the backings of world widely known companies like Samsung, IBM and lots more.
Pros
- The comoany has a working, functional and active social media presence on Facebook, Twitter amd likedln
- Startups founders get mentored and funded after 6months of rigorous training
- Innovation is given empasis hence startups can learn to do things differently to the initial models
- It has a proven record of success as can be found in the list of startups companies that has been aided to become a big company like uber etc
- It has partnership with giant industries that are widely known and respected like IBM, Samsung etc.
Cons
- Launch does not invest in idea
- Url requirements can be an hindrance for many startups to stand a chancr with launch incubators
