Advice on ordinary share split b/w Self funded Searcher and Investor

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February 06, 2024

by a searcher from Harvard University - Harvard Business School in London, UK

Hi all,
Noob question. For self funded search what's the standard way of splitting ordinary shares b/w searcher and equity investor.
For traditional search fund, this is quite standard (from what I gather). Investors keep###-###-#### % of ordinary shares over and above a 1x pref. / 8-10% coupon share.

How does this maths work for self funded?

Any pointers?

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