General question
July 04, 2021
by a searcher from University of California, Riverside in Rancho Cucamonga, CA, USA
I have been putting a few pieces of this search fund puzzle together. So from what I am understanding; After we form a legal entity, we write the ppm with all the (who, what and how) information of the target business. Then we put on our best Oliver Twist and approach investors for backing with option to invest more later. This amount we raise more than likely would satisfy the equity contribution for a bank loan, correct? Also industry experience, how does that factor? My industry experience is all in transportation which is what I want to acquire anyways. Anyway thank you in advance for any insight.
from University of California, Berkeley in Dallas, TX, USA
Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game https://www.amazon.com/dp/###-###-#### /ref=cm_sw_r_cp_api_glt_fabc_GY5E0QHQRHYN2KGXFQGV
And read the Stanford search fund primer. https://www.gsb.stanford.edu/faculty-research/centers-initiatives/ces/research/search-funds/primer
Reading both these resources will help you decide where you might fit into the ecosystem, from traditional funding to self funded.
Also sit on every webinar you can find.
from Northeastern University in Boston, MA, USA