First Search

by a searcher from University of Pennsylvania - The Wharton School

2 years ago

Starting first self search with a buddy  this June. Fellow searchers did you secure funds initially or stay light and secure funds once you got closer to an acquisition? I have no sig other or children and I am lucky enough to have a great support network for housing during the search. So the only thing I would need to fund is my random expensive comic book collection related costs.

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searcher from University of Dublin, Trinity College

That said, evidently if you self fund the search you should be able to get yourself a better equity deal at closing. So it's entirely up to your individual situation

2 years ago | like reply | 0 likes

searcher from California State Polytechnic University - Pomona

Definitely start building relationships with investors as well as lenders. If you can, see if any of the investors or lenders will provide a letter of support. Showing intermediaries that you at least have access to the funds needed can change how you are perceived and access to deal flow.

2 years ago | like reply | 0 likes

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