Are searchfunds for people with no MBA?

by a searcher from Loyola University of Chicago

2 years ago

Hello all

I was referred to this site from a member at https://microconf.com/connect I am a founder with a programmers background exiting out of my SaaS. I started looking at acquisition as a route for my next thing through sites like https://microacquire.com/ or quietlight.com but the prices are a bit out of my current financial means. So I started researching ways at capital.

My main question is do search funds work for some one like me who focuses on the technical side of SaaS aiming for companies costing 500K-1m or am I just too small and have the wrong background.

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lender from The University of Chicago - Booth School of Business

As a lender, we look at the overall background and skill set of the buyer/searcher - education, general work experience and any industry specific skill or knowledge. Personal interaction is also very important. There are plenty of successful SME folks without formal business training.

2 years ago | like reply | 1 like

searcher

I agree with some of the former comments, the network and experience are more relevant for this search fund model. In my opinion is for anyone who doesn't follow a set path and is willing to break career normality's. In reality, anyone can achieve some level of success if they're dedicated enough.

2 years ago | like reply | 0 likes

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