How not to lose knowledge and experience?
July 17, 2023
by a searcher from EGADE Business School - Tecnológico de Monterrey in Monterrey, N.L., México
I have interviewed different search funders to provide support to my ESFA (EGADE Search Fund Accelerator) searchers, and I have listened to the testimony of those who have left the search and closed their fund, after two years,...
How to capitalize all the experience and knowledge and turn it into support for the success of following searchers?
Suggestions are welcome.
from INSEAD in Boston, Massachusetts, EE. UU.
1. Fund raising: the whole fund raising part is extremely intense, from the road show to negotiating the terms. It can add a lot of value, mainly for companies that foresee a next round of investment or even a potential IPO.
2. Industry knowledge and diversity: searches commonly are exposed to several industries in a short period of time. They learn a lot about multiple industries in dept, with extremely valuable insights. Searches also leverage this aspect when going potentially closing their funds.
I also would like to mention the expansion in their network. During the search, searches expand their network considerably in the region/country their are searching in.
I hope that helps.
from EGADE Business School in Monterrey, N.L., México