Definition of "Stage" under "searchfunds" in Directory

searcher profile

January 09, 2021

by a searcher from Purdue University in Kennett Square, PA 19348, USA

Hi everyone. I tried to find this answer myself but am having difficulty. Could someone explain the differences between the "Acquire", "Explore", "Inactive", "Raise", and "Search" designations in the Directory under "searchfunds"?

Also, how are these designations determined?

Thanks,
Alan

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commentor profile
Reply by an admin
from Stanford University in Honolulu, HI, USA
Hi, ^redacted‌:

Explore = I am exploring the search fund concept;

raise - I am raising funds from investors;

search - I am actively searching for a company to buy

Acquire - Yippee, I landed a company.

Inactive - my search fund is not active right now.

The info is self-reported by searchers.

Let us know how we can help no matter the phase.

~ Karen
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