Advice: what is the right balance between perfect prep and starting?

by a searcher from The University of Michigan - Stephen M. Ross School of Business

2 years ago

I’m curious from investors and veteran searchers: when should I feel comfortable getting my investment thesis (PPM) in front of investors for Search fundraising? Did you iterate and refine the PPM significantly once you started getting in front of investors?

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searcher from Pepperdine University - Graziadio School of Business and Management

Search Fund Partners gave me all kinds of great advice before I formally started fundraising. Jon Herzog then guided me on the on the "standards". At least 20 other searchers put up with my questions. Don't be afraid to get what you have in front of others and keep iterating from there.

1 year ago | like reply | 0 likes

searcher from The University of Queensland - UQ Business School

I have not been able to find many PPM examples, but two that you may find useful include Exhibit 3 of the Stanford search fund primer (https://www.gsb.stanford.edu/experience/about/centers-institutes/ces/research/search-funds) and the Yale case study - Exhibit 1 (https://alumni.som.yale.edu/download-case/18_019_Sumit_Aneja)

2 years ago | like reply | 1 like

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