The line "All I want to know is where I'm going to die so that I never go there" has always resonated with me. (Charlie Munger, I think)
I'd be curious for folks who have been investing in self-funded searchers or other ETA / search / independent sponsor deals for a longer time what some of the ways are that you've seen investments go belly up. And if you have lessons learned from those experiences, that would be fascinating to hear!
Self-Funded Search Investors - Any stories of failed investments?
by a searcher from The University of Chicago - Booth School of Business
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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.
From my investments, the operator has had as much of an impact as the business itself, so having good judgement of the operator is critical. You only figure that out by actually getting to know the person, or developing strong pattern recognition by meeting many of them.