Launchbay Capital is a venture capital fund built specifically around venture secondaries, using its own data-driven valuation platform that combines public financial documents and trading data to price private company shares, and aiming for shorter three-to-four-year return cycles instead of typical decade-long VC timelines. It focuses on companies that are profitable or close to it, generally once they reach around $50 million in annual revenue, and holds concentrated positions in well-known private companies such as Anthropic, SpaceX, and Revolut.