Archive for the ‘FAQ’ Category

Can I sponsor Launch48?

Launch48 has global and event sponsoring opportunities available.  Global opportunities cover multiple events and are usually time-based.  Event opportunities cover one event.
Launch48 works with some large brands such as Google, PayPal, Yahoo, Microsoft, Adobe, and others.  If you would like to be associated with Launch48 and are keen to help make Launch48 a success please [...]

Can I be a mentor?

Mentoring is reserved for people who can help mentors in a variety of ways, and Launch48 often asks mentors to demonstrate their success and why they should be giving advice to new entrepreneurs.
Launch48 wants mentors to bring a wealth of advice to the event, and therefore we screen our mentors carefully.  Qualities we look for [...]

Do I need to pitch an idea?

No, attendees at Launch48 events are invited to pitch.  Pitching is not required.
If you do want to pitch, it is best if you cover the following points:

Name
The Idea and the problem it is solving
Business model and monetisation strategy
The target market & competitors

If you do pitch your idea please keep in mind this event is about [...]

What happens during a Launch48 Weekend?

Please see the agenda page at http://www.launch48.com/weekend/

How are teams formed?

Teams are created after the final round of pitching.  Attendees are divided into interest groups based on what they want to do during Launch48.  The interest groups are spaced evenly around the room.  The interest groups are:

Development
Design
Marketing
Business and Finance

Each chosen business idea is called out and attendees who want to participate in the current business [...]

How does ownership work?

Launch48 does not take a stake or ownership of any of the web businesses created during the event.
Each group should decide during the event how they want to distribute ownership and the intellectual property across the team.
Some examples of what has previously happened at Launch48 events include:

Teams have licensed their IP under open source/creative commons [...]

What if I can’t attend the entire event?

Not everyone will be able to attend Launch48 for the entire time.
If you need to leave, please speak with your group and ensure they are aware.  It is recommended you help your group to plan for your leave and try to deliver any tasks you have been given before leaving so the group can launch [...]

What happens after Launch48 Weekend?

What happens afterwards is up to the group.  Launch48 can offer advice, but there is no mandate.
Launch48 encourages teams to continue to run by offering a follow-up event for attendees of the Launch48 Weekend.  The follow-up event encourages teams to keep working and present their progress since the Launch48 Weekend to their peers, mentors, speakers, [...]

Will my IP be protected?

Unfortunately Launch48 cannot guarantee the protection of your Intellectual Property (IP).
If you believe you idea has value, we would recommend you do not pitch it as attendees are not asked to sign an NDA by Launch48.

How does pitching work?

The information about how pitching is run on the Friday night of the Launch48 Weekend is available at on the Launch48 Weekend page.  This information will also be included in the booklet given to all attendees.
During the Launch48 Conference on Friday there will opportunities for people to practice their pitch and receive feedback from past [...]