LaunchVector

Hello Everyone

Has anyone heard of launchvector.com? Is the company legit?

Here is their business model:

They seek capital partners who can invest 100k or 200k to purchase an undervalued Shopify stores. The company (launchvector) does all the work of acquisition + scaling and marketing on social media platforms post acquisition in lieu of 50% equity in the company. They also manage day to day operations, customer service and bookkeeping.

Basically, capital partners will sacrifice 50% of equity even though they are paying the full capital to acquire the store. In return, they receive 100% passive income, the store gets managed, marketed and scaled aggressively by the company. Typically 4% to 8% monthly return on investment and 100% buy back (written in contract) if the initial the initial investment isn't recovered within 24 months.
They claim their goal is to get as many as 100 capital investors and create big enough portfolio, scale it for exit and eventually sell the entire portfolio for 10x - 20x multiple.

I would like to get some opinion/feedback about this. Has anyone heard of the company or any similar companies/model? What is the likelihood of scam if everything is written on contract and executed legally?