MINIMUM NUMBER OF COMPANIES NEEDED FOR A SEARCHFUND FUNNEL?

People talk about using the search fund model is a numbers game.
200 e-mails a week and 20 calls a week with potential target accounts.
Let's say we do this for 50 weeks, then this is 1,000 companies that fulfill the search criteria.

I am in a market and have search criteria that might only result in[redacted]targets.

What's your view on the mimum numbers needed to make the funnel work? (still using a process approach and ignoring lucky punches).

Thanks!



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