Launchbay Capital

“We're forging the future of growth equity investments. With increasing complexities of private markets, it is our mission to provide our limited partners with price transparency and liquidity. Our data-driven valuation methodology allows us to be fully transparent with prices and create accurate, fast-paced roadmaps to liquidity and capital recirculation, both of which are more essential than ever.”

“Traditional VC growth investments continue to face challenges with valuation transparency, long durations and limited liquidity — all issues we believe our new secondary growth fund meets head on. Investors are no longer interested in having their money tied up for decades without valuation transparency and any non-paper return in sight. We write smaller tickets and target growth-stage, venture-backed companies to enable diversification and broader investor participation, but also to facilitate faster exits through the secondary market itself to provide the capital flexibility today's industry currently lacks.”

“No discount will save you — even 70% — if you bought a bad asset. The market has moved past the idea that secondaries are a 'desperate step.' In the US, that stigma is gone. Europe is catching up. The headline discount is not what matters — asset quality is.”