FundLaunch - are they worth working with?

Question

Hi everyone, thanks a lot for the feedback on my previous question. We are thinking working with Fund Launch to make it more smooth simple ride for us to create the fund for the first time. Has anyone enrolled with them, are they worth it? Are there any alternatives to review?

Chris Seveney · Answer

@Andrew Novitsky

Never heard of them

What turned me off is on their site they have education and merchandise

How many funds have the launched? How successful were they?

What benefit do they provide over just using an attorney

If they are raising money are they licensed?

People invest in people/brand more than the product - remember that

Rabie Georgey · Answer

i just got off the phone with lindsay someone that works for them they want $34k and they offer no guarntees. thave a 78% success rate in getting people funding. that mean 22% of the prople that signed up where promised the world but were not able to raise capital. according to linday they have 700 paid members. 700x.22=154. 154 people paid them $34k and were not able to raise funds. im not an expert but they need to file a case with the attorney generals of the united states. i asked lindsay why isnt capital raising set 1 because ill pay you $34k from the money you help me raise. all of a sudden she is busy and got to hang up with me. i told her i gave you 1 objection and she gave up.

i did not have a good feeling speaking with lindsay. and after the call i checked my email she sent me 2 emails. 1 minute apart from each other which tells me they will take anyone and everyone. as long as they pay $34k.

Josh Luttrell · Answer

@Andrew Novitsky I am apart of their Discord group which is a great place to meet people and network. It is $20, and a free trail period to make sure you get value of it. I had plans to just to the 1 week free trial and cancel, but I still pay monthly for it because there is value to be had. I am in the process of starting my own fund, more than happy to connect and answer any of your questions.

Luke Carl · Answer

Agree with Michael. Need more info. No idea what you’re asking.

Are you trying to raise money for down payments? Where I come from it doesn’t work that way. Good old fashioned hard work and patience will get you your next house.

Michael Baum · Answer

I have no idea @Andrew Novitsky. I am not even sure that this is STR related.

Josh Luttrell · Answer

@Michael Baum @Luke Carl He is referencing the private equity industry. Commonly, funds are used to either pay straight cash or yes use the money for a downpayment. It is a great way to greatly increase your growth once you already have a track record.

FundLaunch - are they worth working with?

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