About Us

Persist Ventures is a conglomerate with teams and services that efficiently meet business needs from A to Z. We search for great founder potential and give salaries to kickstart founding teams, form strategic partnerships with existing companies, and convert ideas into realties. We facilitate the journey of entrepreneurs from initial ideas to fully developed, launched, funded, profitable, and exited companies. Our program is designed to suit various ambitions, from launching startups to learning new skills. With access to mentors, advisors, funding, designers, builders, recruiters, internal software, and loads of practical experience, we offer extensive resources and support to elevate the journey of our portfolio’s success, ensuring they have what it takes to succeed.

We help convert startup visions into constructed, deployed, and funded actualities.

We facilitate the journey of entrepreneurs from initial ideas to fully developed, launched, funded, profitable, and exited companies.
We're dedicated to a flexible, personalized education, understanding each person's unique goals and needs. Our program is designed to suit various ambitions, from launching startups to learning new skills. With access to mentors, advisors, funding, and practical experience, we offer extensive resources and support to elevate your educational journey, ensuring you have what it takes to succeed.

Our Purpose

To make launching and succeeding in startups achievable for everyone.

Because startups are meant for all.

Persist Ventures is revolutionizing the startup ecosystem by challenging traditional success paradigms. Dedicated to supporting the overlooked and credential-less, we offer an inclusive platform that democratizes access to resources and support for all, regardless of background or social standing. Rejecting the notion that startup success is reserved for the Silicon Valley elite or those born into affluence, we cater to a diverse audience, from hardworking individuals across America to eager young professionals starting their journey. Our mission is to dismantle barriers to innovation by empowering every aspiring entrepreneur with the tools to succeed. By nurturing potential and fostering talent without discrimination, Persist Ventures aims to create a new model for success that values determination and innovation over pedigree. We stand as a beacon of hope, proving that with the right support, anyone can turn their vision into a thriving, funded reality, making a real difference in the world.

Our Methodology

An incubator tailored to your needs.

Create your startup according to your own rules.

We're dedicated to a flexible, personalized education, understanding each student's unique goals and needs. Our program is designed to suit various ambitions, from launching startups to learning new skills. With access to mentors, advisors, funding, and practical experience, we offer extensive resources and support to elevate your educational journey, ensuring you have what it takes to succeed.

Customized Learning

Tailoring education to fit each individual's unique goals and circumstances.

Diverse Goals Support

Resources and expertise for everything from startups to skill acquisition.

Broad Support Network

Access to mentors, funding, and hands-on experience.

Enhanced Education

Tools and resources to elevate your learning journey.

HOW IT WORKS

Fueling Ambitious Startups: The Roadmap to Attracting Venture Capital

Turning Bold Ideas into Fundable Ventures

With the right connections, a great amount of focus and drive, and a venture back-able idea. A venture back-able idea is a specific idea venture capitalists want to back. Not every business we put  will necessarily be venture back-able, but if your goal is to dream really big, that is the best path.

Select Your Startup Idea

Start with a curated list of startup ideas, choose your top three, or pitch an original idea inspired by or beyond the list for a personalized journey.

Idea Approval and Course Material

After selecting or pitching your idea, receive team's approval, then get comprehensive course materials to navigate your entrepreneurial journey effectively.

Progress Updates and Community Engagement

Document your entrepreneurial venture with daily videos, sharing your progress, obstacles, and breakthroughs. This practice cultivates a supportive community atmosphere, encouraging feedback and insights from peers and mentors.

Our Story

The original idea for Persist originated in 2017 after witnessing the success of the non-profit Thiel Fellowship who gave 100k to the best college kids if they dropped out to work on their idea. While many applicants applied and would have added to the enormous success, only 20 people a year are selected.
"Peter Thiel's fellowship program has birthed power players worth more than $220 billion collectively, including design software firm Figma that Adobe said it was acquiring for $20 billion” - Business Insider 2022

With 220 people at 100k grants, a total of 22 million dollars generated $220 Billion dollars of portfolio value. Yet given its a charity, they do not profit from the service and thus do not accept the tens of thousands of extra applicants hungry to prove their worth.
Many of which would have been great to have been selected...

How do I know this?

My names Jack Jay, I'm the founder of Persist Ventures and I was not accepted into Thiel Fellowship. Yet the ultimate the idea originated as I was applying while a freshman year of college in 2017 and already saw the lack of this business model being widespread with talent recruiting not even being close to the much smaller capitalized football industry. I originally began applying with the idea to build a Paypal to Ethereum exchange as none existed at the time. Now I actually added this exact idea Persist is doing now, of turning the college dropout model into a paid salary basis at the time.

I remember during high school years dreaming really big about projects I could do to escape the need to go to college. At this time I was the scholar athlete of my school, had coaches from across the country scouting me to play football at their schools. My coach wanted that, but I wanted to take the Elon Musk path. So consider me completely confused and thinking the dogma of the entrepreneurship path was more risky than just getting a job when access to programs like Thiel Fellowship seemed like a hunger games luck of the draw.

From 1st principles, I thought. Ok if there was economic value that made it worth paying me minimum wage to work on any of my big visions even if I owned 1% of it that would be a better offer than any other job I could get at the time.

  1. I get to be my own boss and work on something awesome.
  2. I the same, or better direct salary working as the boss.
  3. I have ownership in the thing which I am building
  4. I get to work on something I am interested in, on the frontier of potential for impact.

From Thiel Fellowships numbers, it becomes clear that there is massive value to be made from offering this to someone like myself.

With 220B total value generated, each year of labor was worth an average of 166,666,667, divided by a full years worth of working hours (2,080) it averages each student at generating $80,128 per hour.

So clearly even if 10% of the value creation was owned by the funder of this life path, then based on the success and performance of Thiel Fellows it would be worth it. Yet Thiel Fellowship had no such option, in fact none existed. This very calculation is what created the idea, it solved a major problem in my own life and ultimately a grand one in general. Access to capital for the career path of innovation is not de-risked at the actual earliest stage, being one similar to the job market where you can apply for the career and have a stable income from the get-go.

I was not selected for Thiel Fellowship, and while my heart knew what I wanted to run I also knew I needed to become a proof case of the Thiel failure mode. I went ahead that year and built the PayPal to Ethereum exchange, within the first 4 months of launching I had done over $500,000 in transactions, at a 20% profit margin as the only provider in the market in 2017. I had a Succesful, organic, 0 marketing crypto exchange in 2017.

Yet this is where the value of an overarching organization really became clear to me. I was figuring everything out myself, and even though I copied the same de-risking format as Coinbase in regards to KYC and AML acts, asking for a photo, government ID, and hand written note photo for verification it only took 1 massive fraudster to wipe out all my profit and cause me to not have any money to continue the venture.

An ecosystem like Thiel Fellowship would have recognized my early product market fit, capabilities as a founder, I would have raised millions and decreased the buy limit scaling that I had, ultimately leading to continue to rise in success in the web3 and crypto exchange space. Yet because I lacked that ecosystem to recognize the path I was on and help facilitate the connections which I had 0 access to, I instead had too support myself and started arbitraging my devs capabilities to help new projects get built.

The capabilities of a head organization to help is immeasurable, from automation, to mentors, to courses, guidance, recruiting, and so on. Through all my ventures and in the future I had this path in mind of where I was ultimately heading towards. I built my practices and processes from finding real world success which has made us unique in our operations.

Persist Ventures is now home to a team of over 1,000 talented individuals worldwide.

Here we are very mission driven. We believe in consistent learning and iteration, and are on the frontier of automation of business processes. We believe in working smart, and hard to attain our grand goals.

We chose the name Persist not just because its the most important asset for a founding team to have in their spirit, but it represents the deeper mission behind building this ecosystem in the first place.

As we may often forget, but should try to hold close to our hearts in this life, life itself is the only thing we know that can experience the beauty and share it with another soul. In response to the threat of our species we face on this planet we respect Jeff Bezos is building Blue Origin and Elon Musk buiding SpaceX, but we are all in on making sure that their goal of expanding planets as a backup for humanity does not serve its purpose.

We are on an adventure of ventures which are all adding up to a story thats truly helping this planet and humanity itself Persist towards infinity.

After all, we are the Last Humans Left.