SEARCH FUND MODEL QUESTION?

Question on people utilizing the search fund model, why not just work part time looking for possible target companies, and then line up the financing to buy the company once you've found and diligenced the company? I worked full time while looking for my first deal and was able to make that work, just curious why it's not been as promoted of a structure. I found the whole concept of raising money from people to pay you a salary so you can spend time looking for a company to be a bit of an odd model.



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