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Should a searcher be a jack of all trades or have a super power?When I was raising capital for the first time in 2012, some investors declined to invest because I didn’t have material operating experience. Others said yes because I had sales experience. Those who ultimately invested also liked me and believed prospective sellers and future employees would like me as well. They recognized that my operating abilities were yet untested, but they were willing to back me because they believed I could find a good deal. If I were the cynical type, I might say that some of them thought that if I sourced a good deal but failed to operate, they could always replace me as CEO.

#getting funded      #getting started