If you've read the offer on the landing page and want to pressure-test the structure before applying, this is the page for you. We laid out the full rate structure, why we built it the way we did, and the math vs. equity-taking accelerators. No fine print buried at the bottom.
Two tiers. That's the entire rate structure. There's no Tier 3, no SaaS bracket, no surprise upgrade if you scale.
| If your business is... | You pay... | Examples |
|---|---|---|
| Inventory-heavy or material-heavy | 3% of gross revenue |
Food service, restaurants, cafes, retail with physical inventory, trades that buy materials at meaningful cost (electrical, plumbing, HVAC, construction). |
| Everything else | 5% of gross revenue |
Services, professional services, consulting, digital products, SaaS, software, tech-enabled businesses — anything that doesn't buy materials at scale. |
Whatever rate you sign at, you keep. There's no Tier 3, no SaaS bracket, no surprise upgrade if you scale.
Before you enroll, you'll have a 30-minute fit call with one of Legion's founders. One of the things we figure out together on that call is which tier your business falls into. We make that call together; it's not unilateral.
The tier you agree on is recorded in your participant agreement when you enroll. From that day forward, the rate is locked. If your business pivots later — say you start as a thin-margin retailer and become a high-margin SaaS company — your rate doesn't change. You keep the rate you signed at.
This works in your favor most of the time. The founders who pivot up the margin curve are the ones whose original rate looks generous in retrospect. We don't claw that back.
Most accelerators want equity, take it, and disappear after 90 days. Most courses charge tuition, deliver content, and have no skin in your game after the refund window closes.
We want neither of those relationships. We want the third one: operating partner.
An operating partner is someone whose income depends on your continued success. That's why the share is indefinite. That's why there's no cap. The moment we cap it, we stop being incentivized to pick up your call in year 5 — and year 5 is when most founders need a partner most. The moment we end it, we become someone you used to work with.
If your business compounds for decades, our share compounds with you. That's the whole point. We chose this structure because it locks us into your success forever, not just for the 30 days of program content.
Today, when you pay your 3% or 5%, the money flows to Legion Securities Inc. — the C-Corp that runs this whole thing. It funds the next cohort, the platform, and the team that builds with you.
That's the structure today, in 2026. It will not stay that structure forever.
Legion is building toward a Real Estate Investment Trust (REIT) that will be qualified under SEC Reg A+ and owned by retail shareholders — small-dollar investors, including teachers, retirees, veterans, and potentially other Legion Launch graduates like you. Once the REIT qualifies (we're targeting 2028), your revenue share will route through a Taxable REIT Subsidiary into the REIT and out to those shareholders.
By the time most graduates have built businesses big enough for the rev-share to add up, that structure will be live. The money you pay forward is funding the next cohort today; it's funding your community's REIT shareholders tomorrow.
If that sounds aspirational, it is. We're building it in real-time. The structure is documented in the participant agreement and in our SEC filings as they progress.
The most important comparison is not "5% vs. 0%." It's "a small percentage of revenue for a real partnership vs. permanent equity dilution forever."
Worked example: a graduate builds a business doing $500K/year by year 2 and exits at $10M in year 5.
| Program | What they take | Founder cost at $10M exit |
|---|---|---|
| Y Combinator | 7% equity, permanent | $700,000 forever diluted |
| Techstars | 6% equity, permanent | $600,000 forever diluted |
| 500 Global | 6% equity, permanent | $600,000 forever diluted |
| Legion Launch (5% tier) | 5% gross revenue share | ~$50,000–$75,000 cumulative through exit · no equity |
| Legion Launch (3% tier) | 3% gross revenue share | ~$30,000–$45,000 cumulative through exit · no equity |
Equity dilutes you forever. It compounds against every future raise. It reduces every future exit. Revenue share never compounds against your cap table — it just shares the upside on revenue you've actually earned.
If your business doesn't make money, you don't pay anything. Ever.
We absorb that risk so you can take the swing.
If your business makes a little money, you pay a little. 3% or 5% of small numbers is small numbers. There's no monthly threshold or trigger to cross.
If your business makes a lot of money, you pay a lot. That's by design. We chose to be aligned with your success rather than insured against your failure.
You'll self-report your gross revenue once a month, by the 15th of the following month. The reporting takes about ten minutes through a simple dashboard.
We don't audit by default — but we reserve the right to audit your books once per year if there's reason to. If an audit reveals you've underpaid by more than 5% of what was owed, you cover the cost of the audit. Otherwise, we cover it.
The full reporting and audit clauses are in your participant agreement. Counsel-reviewed. Counsel-friendly. No tricks.
The full participant agreement — counsel-reviewed, counsel-friendly — is sent to you after your fit call with the Legion team. It covers everything on this page plus IP, confidentiality, change-of-control, and the standard legal architecture.
If you've read this far and the structure makes sense to you, the next step is the application.
$0 tuition · Live cohort · 30 days · 60 days remote support