RAISING CAPITAL FOR REGIONALLY-FOCUSED SEARCH
Hi all - current HBS student here weighing searching as a possible post-MBA path. I'll likely be regionally constrained searcher (southern California) due to family restrictions and have been advised that may also restrict me to self-funding my search as investors will balk at backing a restricted search. If true, that fact would further restrict the search (~1M EBIDTA and below if I have to self-fund).
Does anyone have experience raising for a regionally restricted search? Any positive or negative experiences, advice or tactics would be greatly appreciated.
Looking forward to learning from this community.