Raising funds while employed full time?
Hi All,
Had a question for both searchers and investors. Are there any issues with fund raising for a traditional search while employed? I am in a post MBA role and looking to raise funds shortly for a traditional partnered search. My partner is currently interning at a search fund.
I understand that commitment to the path is important to investors. I am planning to resign upon either completing the raise, or reaching 'critical mass' on the raise (which I interpret to be about 60-70% of the funds having been raised). I am not sure if working while raising (which obviously is not guaranteed to happen) is a negative signal to investors. Obviously, I will not be working another job while searching.
Would love to hear your thoughts. Thank you.