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Innovation on a New Level: Launch House Redesigns Social Networking 

Launch House, a community for entrepreneurs to connect and support each other, promises to be on the cutting edge of innovation as it launches into the new year. Recently, the Launch House team introduced a new project: Homescreen, a fully digital newsletter focused on entrepreneurs and entrepreneurship. Even in its early stages, it’s attracted an audience exceeding 18,000 subscribers. The year 2023 is shaping up to be a big one for Launch House — perhaps even redefining the media company category.

Looking back to 2020, it seems that Launch House already had its eyes on the future. It rolled out a co-living space in Mexico that, on the surface, resembled the kinds of hacker spaces that already dotted Silicon Valley. With a carefully curated group of promising entrepreneurs living together under one roof, the idea was that their combined creative genius would blossom and grow into one cohesive creative space that would benefit not only the group as a whole, but each individual resident.

Launch House was founded in 2020 by Michael Houck, Brett Goldstein, and Jacob Peters, each of whom have backgrounds in the tech industry. Houck has previously worked for companies such as Airbnb and Uber, Peters helped found a community platform called Commsor, and Goldstein was formerly a product manager at Google.

As the worst days of the COVID-19 pandemic beset the world, this sort of cohabitation made good sense. Living together meant members could form authentic relationships in person and thrive on each other’s creative mindsets without jeopardizing their health. Moving forward as the pandemic waned, Launch House proved that its fundamental model still makes sense. It offers rolling four-week residencies that have only gained in popularity since they began. Plus, Launch House — whose community includes builders, founders, and creators — has expanded its offerings to Web3, aka online spaces. Launch House founders Michael Houck, Jacob Peters, and Brett Goldstein are already known for redefining every category they delve into. Now, under their watch, Launch House is reformulating what it means to be in a community, what it means to collaborate, and much, much more.

A New Kind of Social Network

By the time pandemic limitations began easing at the beginning of 2021, Launch House had developed beyond the original accelerator paradigm. In-person services were now available at its houses in New York City and Los Angeles. Members may now join the digital community housed on Gather, a 2D virtual work space in Web3 supported by Sequoia Capital. There, Launch House members from anywhere across the globe can build organic relationships in the realm of a virtual campus while simultaneously enjoying educational offers so good that many entrepreneurs might question the need to invest in a possibly low-return four-year college degree.

With this shift, the organization was able to create a global social network that was accessible in both real and digital venues. This unparalleled reach has contributed to the success of individuals such as Launch House member Alex Masmej, who conceived of and launched Showtime, a non-fungible token social network. Launch House has lowered the barrier for admission to its paid membership model by renouncing its claim to equity in members’ firms and by sponsoring a grant program that decreases expenses for founders from underrepresented populations, therefore increasing the community’s accessibility.

A New House Opens

After securing $3 million in seed money in August 2021 and $12 million in Series A funding in February 2022, Launch House recently announced the debut of its venture arm, House Capital, along with a multimillion first fund. The fund’s primary objective is to supply financial support to high-growth, early-stage businesses that are associated with the Launch House community. The establishment of House Capital will offer further assistance to Launch House by ensuring that the vast majority of the fund’s incoming money will be invested internally. Launch House will be able to improve its programming and the overall experience it provides for its members as a result of this cash flow.