Search Fund Study: 100% Self-Funded Searchers?

July 04, 2021
by a searcher from Massachusetts Institute of Technology - MIT Sloan School of Management in Boston, MA, USA
Are there any search fund studies on 100% Self-Funded (Bootstrapped) searchers?
Note: this is different than a "self-funded searcher" in the GSB study:
-GSB defines a "self-funded searcher" as one who funds their own search costs, but not the acquisition, and ends up owning 50-75% of the equity
-I define a "100% self-funded searcher" as one who funds their own search costs AND the acquisition, and ends up owning 100% of the equity
Presumably, the 100% self-funded searcher wouldn't have any board members.
Thanks in advance.
from University of California, Berkeley in Dallas, TX, USA
from The University of Chicago in Washington, DC, USA