There was vomit on the stairs of Paris Hilton's old mansion. It was a cool night in May, and the white stone house, towering above Los Angeles, was occupied by about 20 tech entrepreneurs who were participating in a coliving program called Launch House. The Launch House staff had planned a big, invitational party for the residents, or"cohort." Hundreds came, and soon the event was out of hand.
This was in the early days of Launch House, a Los Angeles startup that received $3 million last month from top VCs such as Day One Ventures, Alexia Bonatsos, and Balaji Srinivasan. "We basically quickly realized, you know, within the first few days of being there that it was just magical when you put that many brilliant, driven folks together in one place," Peters said.
One previous member described most cohorts as"90% party and 10% work." Other members described a culture where having a post go viral on social media was prioritized by some members over company-building. The attendee, who asked to remain anonymous but whose identity is known to Insider, said Launch House cofounder Houck organized and implemented protocols to lower the risk of spreading the coronavirus, such as having the founders wash their clothes after their flight and requiring non-cohort members to wear a mask in the house.
At least three people in the group, and two who lived separately but regularly hung out with the group, contracted mild cases of COVID-19, which caused some to extend their trips by weeks to recover. The house stuffed the fridge with hundreds of White Claw seltzers, and the kitchen counter was packed with bottles of hard liquor, as seen in areviewed by Insider. Plasencia and his cofounder Elijah Delos Reyes got suits tailored for the occasion.
Eventually, they called a meeting, gathering the group in the living room around the silver fireplace. Everyone got to speak their mind: Plasencia called the founders incompetent and warned them that it was"hard to reset a culture."Madeline RenbargerLaunch House's culture has given some venture capitalists pause.
TechInsider Whew Good thing there's a 99.7 % survival rate
TLDR - we throw 100s of events. 1 wasn’t the vibe. we still throw events. come see for yourself, apply at
You mean Bro House? Alpa Beta A Hole.
sociopaths
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