Hello Awesome people!.
Our partnered search didn't anchor a lead investor - various reasons sighted ranging from: Over committed, Lack of gray capital, We aren't backing non-collocated searchers, we aren't sponsoring California focused search (we were explicit about whole of US in our discussions)
Decided to put a pause on partnered search till we accumulate more skills & create a compelling profile.
a. Has anyone here successfully changed an Investor's initial No --> Yes? (& willing to share tips?)
b. Is anyone looking to bring on Interns/consultant (pro-bono is fine) to do the due-diligence and financial analyses et al?
Happy to chat other strategies (including self-funded, buying small and re-connecting with a deal with investors) and compare notes incase anyone else has similar experiences! Looking fwd. to connecting! - hitesh
Search Fund raise didn't attract a lead investor - looking for options
by a searcher from University of California, Los Angeles - UCLA Anderson School of Management
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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.
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