Can someone explain to me how it would work to set out in EtA from the beginning with a plan to pursue a Holdco strategy? I'm specifically interested in the questions below:

If your plan is to create a holdco, you must be starting out by raising a lot of capital right? More than most people are able to?

And you're also not going to be CEO of any of the portfolio companies, right? So, you're paying someone else to do that? And you personally can afford to forego that compensation? Also, for it to make sense to hire an external CEO, the deal would have to be on the larger end, right?

I don't know, thinking it through, it doesn't make sense for someone starting out in search to be working on a HoldCo. Maybe if you have a successful exit and made a bunch of money, that could be your next thing. Does anyone agree/disagree with that?