Is it better to be industry agnostic or have an idea of an industry target when searching?

by a searcher from University of California, Riverside

1 year ago

Is it better to be industry agnostic or have an idea of an industry target when searching? For example, My background is transportation; so my first target would naturally be in that sector. If anyone has acquired in this field, I would love to hear your story.

1 like
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15 comments

searcher from Ivey Business School at Western University

Better to be focused on a sub-set

8 months ago | like reply | 0 likes

searcher from Massachusetts Institute of Technology - MIT Sloan School of Management

How big is the TAM of potential sellers in your industry? If it is big enough it would be definitely better to search in an industry you already know. If the number of potential companies to buy is small and none wants to sell, the search would be over pretty soon. Best of luck.

1 year ago | like reply | 0 likes

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