Does anyone have any data about how many SF acquisitions fail?
August 26, 2024
by an intermediary
in Campbell, CA, USA
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by a searcher
from The University of Chicago
in Chicago, IL, USA
^redacted I went to a popular boot camp for SF searchers. 20 attended, and it was a great event. Everyone left pumped to search. Fast forward one year and only 2 closed deals. Maybe 5 others are seriously searching (myself included). But over half quit. This has been typical across many cohorts at this boot camp….
the truth is most self-funded searchers fail, even those who commit full-time. From my experience, the success rate is 1/3.
Many people will disagree or say they “didn’t know how to search”. I think we should acknowledge search is hard, getting harder, and you’ll likely fail.
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by a searcher
from Texas A&M University
in Austin, TX, USA
I would look at the Stanford reports, I think they have posted one that has relevant data on success vs failure
from The University of Chicago in Chicago, IL, USA
the truth is most self-funded searchers fail, even those who commit full-time. From my experience, the success rate is 1/3.
Many people will disagree or say they “didn’t know how to search”. I think we should acknowledge search is hard, getting harder, and you’ll likely fail.
from Texas A&M University in Austin, TX, USA