Hello everybody,

I'm writing my master thesis on search funds and I'm trying to do a deep-dive on search fund accelerators.

I would like to understand more how the business model of an accelerator works, that is: what are the main sources of revenue for them? From my current understanding there are 3 main ones:
- carried interest
- searchers' fees
- investors' fees

If anyone has more information on the topic and is willing to explain it better to me it would be great :)

Thanks in advance!