Would love to chat with former investment bankers turned searcher CEOs, particularly ones with experience operating their target company, to get a sense for the strengths and weaknesses their background provided them.
I think the obvious strengths are:
-know the process for capital raising and M&A
-financial acumen and modeling skills
-knowledge on how to diligence a company
-exposure to different types of companies and their business models
-experience working with management teams
I think the obvious weaknesses are:
-minimal management experience
-trained in a short-term, transaction-oriented mindset
-minimal exposure to day-to-day operations
-etc.
I think a lot of the strengths might be helpful in the search/deal phase, but what about the operations phase?
The area I am exploring is two-fold:
(1) What potential strengths am I missing in the list above and how have those strengths manifested themselves in the operating phase of search? Are there particularly types of companies / situations that someone with junior to mid-career banking experience might be uniquely capable to excel in?
(2) What were your weaknesses and how did you mitigate those weaknesses?
Former investment bankers turned searcher CEOs
by a searcher
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.
66 views
0 comments
Sign in to see all replies.
Create an account.