DOES A GEOGRAPHICALLY FOCUSED SEARCH HINDER THE CAPITAL RAISE / DEAL FLOW?

I'm trying to gain a better understanding of the potential risks associated with a geographically focused search. I suspect this might make it more difficult in raising the initial search capital (attracting investors, etc.), as well as limiting potential deal flow.

Any insight on this topic from both the Searcher and Investor community would be greatly appreciated - thanks!




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