DISCLOSURES
The information contained in this website is delivered by The Lab Capital Advisors, LLC (“The Lab” or the “Fund Manager”). This website includes proprietary information of The Lab, and may not be copied, or reproduced (in whole or in part) to anyone without The Lab’s express written permission.
This website regarding The Lab Private Equity Fund, L.P. (the “Fund”) and the Fund Manager is intended to be informative and does not constitute an offer to sell or the solicitation of an offer to purchase any securities of any fund managed by The Lab or any of its affiliates. Any such offer or solicitation may be made only by means of the delivery of definitive legal documentation (including without limitation a limited partnership agreement of the Fund and a subscription agreement relating to the terms of the offer), which will contain material information not included herein, and which will supersede, amend and supplement this website in its entirety. This website should not be used as the sole basis for making a decision as to whether or not to invest in any fund or account managed by The Lab. In making an investment decision, you must rely on your own examination of any such fund and the terms of the offering relating thereto. You should not construe the contents of this website as legal, tax, investment or other advice, or a recommendation to purchase or sell any particular security.
The information included in this website is based on information reasonably available to The Lab as of the date hereof and does not purport to be complete. The Lab does not undertake any duty to update the information set forth in this website. Furthermore, the information included in this website has been obtained from sources that The Lab believes to be reliable. However, these sources cannot be guaranteed as to their accuracy or completeness.
No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information contained herein by The Lab, its members, managers, employees, representatives or affiliates, and no liability is accepted by such persons for the accuracy or completeness of any such information.
This website may contain certain “forward-looking statements,” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “potential,” “outlook,” “forecast,” “plan” and other similar terms. Furthermore, and for avoidance of doubt, words herein such as “ignite,” “pick,” “ensure,” “going to win,” “won,” “how we win” and “proven winner” should not be construed as guarantees of performance or of a specific investment methodology – past performance is no guarantee of future returns. Examples of forward-looking statements include, without limitation, estimates with respect to financial condition, results of operations, and success or lack of success of The Lab investments or funds. All are subject to various factors, including, without limitation, general and local economic conditions, changing levels of competition within certain industries and markets, changes in legislation or regulation, and other economic, competitive, governmental, regulatory, and technological factors, any or all of which could cause actual results to differ materially from projected results.
The prior investments presented in this website have been selected to exemplify certain potential types of investments that have been made by one or more members of The Lab team prior to joining the Fund Manager, and which may in certain respect be representative of the types of investments which may be made by the Fund (although there can be no such guarantee). Such investments do not represent investments of the Fund or the Fund Manager, and there is no present intention or expectation to transfer them to the Fund.
Also, other people who have not become affiliated with The Lab had instrumental roles in managing these investments and, in certain cases, bringing them to completion. These investments do not represent all the investments that have been made by such personnel.
Past performance is not indicative of future results, and there can be no assurance that comparable results will be met or that key The Lab personnel will be successful in making similar investments with The Lab as in their respective unaffiliated roles. Actual realized returns on unrealized investments will depend on, among other factors, future operating results, the value of the assets and market conditions at the time of disposition, any related transaction costs and the timing and manner of sale, all of which may differ from the assumptions contained therein.
Potential investors are strongly urged to ask such questions of The Lab as they deem appropriate, and to discuss any prospective investment with their legal and tax advisors in order to make an independent determination of the suitability and consequences of such investment. Investments in private equity include significant risks not otherwise present in public market investments, and private equity investors are afforded less regulatory protections than investors in registered public securities. Private equity investments are often highly speculative, illiquid, leveraged, are subject to the volatility of the markets and to long hold periods, and are less transparent than public market investments. An investment in a private equity fund is dependent on the key personnel of the investment manager and underlying investments. Moreover, any such investment in a private equity fund is subject to additional expenses, which reduce profits, requires a long hold period, is subject to restrictions on transfer, is affected by complex tax considerations, is subject to potential indemnification obligations, and is affected by potential conflicts of interest.
SPECIFIC DISCLOSURES
SUCCESS THEOREM:
The characteristics set forth on this page represent one or more qualities that the Fund Manager expects to target in evaluating prospective investment opportunities, as and to the extent applicable in its discretion for any given investment opportunity.
RUMBLE PROOF OF CONCEPT:
Andy Stenzler co-founded Rumble Fitness, LLC (“Rumble”) in 2016 prior to founding and joining the Fund Manager. It does not represent an investment of the Fund or of the Fund Manager. Rumble was sold to Xponential Fitness, LLC prior to Mr. Stenzler’s involvement with the Fund Manager. Andy Stenzler remains involved in Rumble as an operating partner. Ashley Camerini remains the CEO of Rumble. Past performance is no guarantee of future returns.
The references on this slide and the next slide to articles and publications, or to specific celebrities, relate solely to publicity generated in respect of the Rumble investment and in growing its brand. They do not in any way relate to the Fund, the Fund Manager or their expected performance, and do not reference in any manner the Fund Manager or the Fund. The references are not testimonials to, or endorsements of, the Fund or the Fund Manager. Accordingly, they should not be construed as applying to the Fund or the Fund Manager or their past or future performance.
The references relate solely to the specific Rumble investment, and are included solely to demonstrate the ability of the relevant team member(s) of The Lab in generating publicity regarding such investment.
GLOSSLAB PROOF OF CONCEPT:
GLOSSLAB was co-founded by Rachel Apfel Glass in 2018. It does not represent an investment of the Fund or of the Fund Manager. Rachel Apfel Glass remains the co-founder of GLOSSLAB, and Andy Stenzler, M.J. Bas and Wilton Speight are involved in the company as operating partners in their individual capacities. Past performance is no guarantee of future returns.
The references on this slide and the next slide to articles and publications, or to specific celebrities, relate solely to publicity generated in respect of the GLOSSLAB investment and in growing its brand. They do not in any way relate to the Fund, the Fund Manager or their expected performance, and do not reference in any manner the Fund Manager or the Fund. The references are not testimonials to, or endorsements of, the Fund or the Fund Manager. Accordingly, they should not be construed as applying to the Fund or the Fund Manager or their past or future performance. The references relate solely to the specific GLOSSLAB investment and are included solely to demonstrate the ability of the relevant team member(s) of The Lab in generating publicity regarding such investment.