LaunchPAD Assesment & Selection
LaunchPAD works with a select group of entrepreneurs to help them find and acquire excellent companies and transition them successfully as CEOs. Selected applicants to LaunchPAD's 2022 cohort will begin searching in the summer of 2022.
LP starts by selecting a cohort of highly talented entrepreneurs who have the skills, character and ability to be outstanding CEOs of small companies.
Selected Searchers will then be flown out to our Headquarters in New Jersey for a super Saturday kickoff event to meet the LP team, Partners at Grayscale, and their cohort.
After completing an intense 3-week virtual boot camp, LP searchers quickly ramp up their search and focus on interacting with business owners.
While managing their own team and directing their own search, LP searchers have unlimited mentoring and advising from LP’s team, other LP searchers and CEOs, and LP’s network of advisors. LP searchers focus on working with potential sellers. Our team recruits and trains analysts and interns for them. We help our searchers grow and manage their pipeline and quickly evaluate targets. We also assist in preparing offers, designing capital structures, conducting due diligence, and working with sellers, lawyers, accountants and bankers to close the deal.
When our entrepreneurs are ready to acquire a business, LPs equity partners, including Grayscale, will provide 100% of the equity for the transaction. As searchers and CEOs, LP entrepreneurs benefit from working with a dedicated team that they know and trust.