What are this group's consensus on using external sourcing firms? Essentially a buyer's broker dedicated to just your investment thesis? How are such agreements usually structured (typically a retainer with some sort of finder's fee?)
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
I've used a buyside brokers and has mixed results. In general, most are 'dialing for dollars', which you could probably train an intern to do. If you decide to use one, I think using one with a specific geographic focus or industry niche would help improve results.