Using Interns

May 18, 2019
by a searcher from University of Pennsylvania - The Wharton School in Eugene, OR, USA
Has anyone had success using remote interns? Also, has anyone had the interns call the target companies to identify if the owner is willing to sell and gather info?
from The University of Texas at Austin in Fort Worth, TX, USA
We used interns primarily for new niche/industry research, building lists of leads in those niches, and finally doing first-pass CIM reviews from brokers. It's a little ethically grey (as it's probably intended for educational use), but students typically have access to research tools through their school that you'd have to pay a lot to access: things like IBIS reports, analyst reports, etc., so that could be very helpful as well.
from University of Akron in Raleigh, NC, USA
Perhaps there is a scenario where maybe a more seasoned intern could reach out solely for the purpose of letting the seller know someone at the firm would like to discuss their business and their openness to selling it and that they're calling to set up a call to discuss further. But even then, they may get probed with questions and if unable to answer will potentially frustrate the seller.