DREAM BIG
“AFTER COLLEGE, I SELF-FUNDED MY FIRST BUSINESS (ODDSJAM). A LITTLE OVER 3 YEARS LATER, MY START-UP WAS ACQUIRED FOR $160 MILLION.
LET’S BRING THE SAME FOCUS & GROWTH OBSESSION TO YOUR BUSINESS”
ALEX MONAHAN – FOUNDER
ABOUT
ALEX MONAHAN
I’m starting Launchpoint to fund & work with talented, driven people.
It’s that simple.
- If you don’t have a start-up idea, that’s fine. We can work on that together.
- If your business idea isn’t “hardcore tech,” that’s fine. You don’t need to be an engineer.
There are *literally* zero requirements aside from being smart & hard-working. I’ll be writing checks from $100,000 to $1,000,000. I see no point in having a “fixed” investment amount – all businesses are different.
As a short background, I graduated from Stanford in 2018. I worked as a quant on Wall Street for 2 years before quitting to start a sports data company. I took an “untraditional” path, avoided venture capital & bootstrapped my business (OddsJam) to a $160 million acquisition in 3.5 years.
I’m 29, have a lot of energy & intend to be very “hands on” with each business I fund. If you’re selected, my team will work closely with you to maximize revenue & scale.
FAQs
WONDERING HOW IT WORKS?
Why should I work with Launchpoint?
On top of providing capital, my team & I will be deeply involved with helping your business grow. With $0 in funding, I scaled my previous business to a $160M acquisition in 3.5 years. I made mistakes & learned a lot along the way…
The team at Launchpoint is *elite* – engineers & marketers. If you’re looking for a personalized experience, then we can provide a lot of value. Let’s grow.
What if I don’t have a start-up idea?
Ideas are cheap, execution is what matters…
If you’re smart & incredibly driven, then we’ll work with you to create a game-changing business. We’ll help you build out a great team, from engineering to marketing.
In your application, just let us know which industries you’re most interested in (education, AI, sports, etc).
When do applications start & end?
There is no application cycle. Apply anytime. If you’re smart & driven, we want to fund you & work with you.
Why did you start Launchpoint?
When my first business was acquired, students, founders & “prospective entrepreneurs” started reaching out for advice. I realized that I LOVED brainstorming new business ideas & thinking about how to scale…
I’m 29 & have a lot of energy/expertise – I want to help the next wave of world-changing businesses grow.
How do you choose which entrepreneurs to fund/work with?
It’s mainly just about YOU… Passion & work ethic can’t be taught.
Seed stage investing is largely about investing in the right people, not the right idea. If you’re passionate, talented & incredibly driven, then I want to work with you.
I don’t “need” money for my idea. Should I still apply?
Sure. Money is just one part of what Launchpoint offers.
I’ve scaled a business from $0 in funding to a $160M acquisition in 3.5 years. My team & I will work with you to hire elite talent & maximize growth. If you think I can help, then you should apply…
Do you meet with founders in-person?
Yes.
Unlike other accelerators, there’s no “set” 10 week bootcamp or anything like that… However, I meet with all founders in-person.
Can I apply with a team?
Yes, of course.