I just graduated from school and have been contemplating a self-funded search but was told by some people that this may not be the best time to search (so I am doing an internship this summer) and to wait to let things cool down. Would love to hear from some people currently doing searches on whether or not they are seeing this, or what the market seems like to them?
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
I suppose the key thing to keep in mind is the risk and uncertainty related to the specific industry where you want to make your acquisition. Risk can be managed but uncertainty cannot. If you can envision a post-COVID world then perhaps uncertainty for others can be an opportunity for you (not sure if investors would be convinced though).
Personally, I am eager to graduate and dive right in by managing risk and ignoring industries that have high uncertainty associated with them due to COVID.
Would love to hear other peoples thoughts.