Jeff Stevens & A.J. Wasserstein on The Future of Entrepreneurship Through Acquisition

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by an investor from Harvard University - Harvard Business School
in Toronto, ON, Canada

2yrs ago

Jeff Stevens & A.J. Wasserstein on The Future of Entrepreneurship Through Acquisition

This week, I was very grateful to have the opportunity to speak with ^redacted‌ and ^redacted‌, two of the most thoughtful and experienced investors in the Search Fund community. In November, Jeff and A.J. published a widely read paper on the future of Entrepreneurship Through Acquisition, which served as the basis for our discussion today.

Among many other topics, we discuss whether ETA has lost its "hidden gem" status, the realities of having more and larger investors in the ecosystem, the economics offered to searchers, how software went from out-of-favor to the most popular vertical for searchers to target, and whether the days of trying acquire SMBs for 3-5x EBITDA gone.

Special thanks to our Sponsors:

- redacted: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Insurance Broker and Insurance Due Diligence Provider for Search Funds and Other Small-to-Medium-Sized Businesses⁠⁠⁠
- redacted: The Outsourced Finance & Accounting Department for Small and Medium Sized Businesses⁠⁠⁠⁠

redacted

0 Likes

55 Views

reply by a searcher 2yrs ago
from University of Calgary in Airdrie, AB, Canada

^redacted‌ looking forward to listening. You caught my attention with "whether the days of trying acquire SMBs for 3-5x EBITDA gone."

reply by a searcher 2yrs ago
from Harvard University in Boston, MA, USA

Enjoyed this one- the ETA brainstrust!