I wanted to do a poll here but could not figure it out, so please post your answer below:
- Have you closed a deal? If yes, how many LOIs did you submit?
- If you haven't closed a deal, how many LOIs have you submitted?
My answer is that Started the search in March###-###-#### I have not closed a deal and submitted 2 LOIs. I think I need to submit 5 LOIs to close one deal.
How many LOIs to get one deal done. Share to help.

by a searcher from London Business School
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.
153 views
9 comments
Sign in to see all replies.
Create an account.