Industry knowledge and search strategy of the PPM

by a searcher

2 years ago

Hello everybody,
I have a long-lived question that howevere is still not clear to me..

In one section of the PPM, "Search strategy", I have to declare an initial set of industries of interest. 
Now in my mind the selection doesn't start from the industry, but from the opportunity: the market today is competititve, so you can be less picky, and given valuations you have a only a subset of viable opportunities. Out of those opportunities, I am to select the best one given price and industry.

Given my thoughts, do you think I should describe this process or should I present the a subset of industries anyway? If I present the industries, what is the knowledge I am required to have? I think that if I will show industries, potential investors will ask how much I know about them, which I think is risky given that I don't have specific industry knowledge.

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6 comments

searcher

Thank you all. So can I talk about my search process and then bring on the table 3-4 equity stories? This would be my approach

2 years ago | like reply | 0 likes

professional from University of Southern California - Marshall School of Business

It's vital to convincingly show how you will successfully migrate from what you've been doing in your career to what you want to do. Especially if your target businesses do not directly relate to your resume. Upfront.

2 years ago | like reply | 0 likes

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