Launch Factory is recruiting founders for its latest startup! Founders will share the equity and receive salaries. Launch Factory will provide the seed investment, incubation, and network contacts.
Launch Factory will initially invest $300,000 into the startup via a convertible note.
Founders are encouraged to pay themselves a starting salary of $50k from Launch Factory’s initial investment in the startup.
Founder Equity is split equally among each Founder and Launch Factory, excluding set asides for employees, advisors & scouts.
Founders benefit from Launch Factory’s processes, space, and support.
Founders can leverage Launch Factory’s network of investors & partners.