Old Growth · est. 2023

We build operating companies. Built to run on agents.

An operating studio. Each company we build leans heavily on agent teams to do the day-to-day work — supervised by a small team of operators with taste and judgment. We do this because we think the operating model itself is the product.

One public company · several others in build
The thesis

Not every role has to be a person.

For most of the last century, building a company meant assembling a payroll. The work followed the people. The cost structure followed the people. The speed followed the people.

What we've found — operating quietly for the last year — is that this is no longer the only option. A company can be structured the same way it always was, with the same functional surface (operations, marketing, customer, compliance, finance), but with agent teams doing most of the day-to-day work in each function — under the supervision of a small team of operators who set direction, taste, and the call when judgment is needed.

This isn't a technology bet. It's an operating-model bet. The agents are the tools; the operating company is the thesis. We measure ourselves the way any operating company is measured — by customers served, problems solved, and trust earned over time.

The work

One operating company in front. Others in build.

We name a company when it is ready to serve customers. Not before.

Live

ClientGen

A productized marketing department for wealth advisors. Built in partnership with The Pinnacle Group (pinnacleifs.com) — sister to RIA VA Solutions and Finspire Creative. Agent teams handle the day-to-day work across discovery, content, compliance, and engagement.

clientgen.ai
In stealth

"More are growing. We'll introduce them when they're ready."

— five operating companies are in active build across the studio. We'll name each one publicly when it has its first paying customer and its operating model is stable. We don't pump up vapor.
The founder

One operator. One taste.

PG

Pete Galloway is the founder of Old Growth and the operating partner at ClientGen. He spent the previous decade building and selling operating companies in regulated industries.

His most recent company — SugarLeaf Labs, a CBD-extraction business he founded and ran as CEO — was acquired by Neptune Wellness Solutions (NASDAQ: NEPT) in July 2019 for an initial $18M cash and shares, with earnouts to a $150M maximum aggregate purchase price.

The companies he builds now are different in shape and operated entirely differently. The taste, and the discipline, are the same.

Prior: SugarLeaf Labs (acquired · NASDAQ: NEPT · 2019) · founded Old Growth in 2023
petergalloway.com ↗ · personal site, longer-form writing
Bring us your idea

One hour with Pete. One real answer.

We hold two structured slots a week for new ideas — the operator hour. You bring a business idea or an operating company you want to build. Pete and the studio run feasibility against the agent operating model. You leave with an honest read and one of three outcomes. See what an engagement looks like — Refile case study →

The Operator Hour

One hour. Your idea. Our review.

60 minutes with Pete (founder · prior SugarLeaf Labs exit to NASDAQ:NEPT). We pressure-test your idea against the agent operating playbook. You get the unvarnished read — and a clear path forward, whatever it is.

$1,200
/ 60 min · two slots/wk
Book the hour →
Outcome 01We build it together · you become operating partner or customer
Outcome 02You build · we coach + license patterns from the studio
Outcome 03Honest no · here's why this won't work · here's what would