More on Searchfunder
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 the searchers perspective... this is tough. The private markets tend to lag the public markets when realizing the aftermath of a material event. The down-stream impacts (ex. livelihood of a company's suppliers) won't fully be known for months. No amount of diligence will provide the comfort that could have been found prior to the downturn.
Additionally, building a relationship with the seller seems a bit more difficult. Are you coming in as an opportunistic predator looking for reasons to push down the valuation, or are you the knight in shining armor saving the business from possible failure? In the only few real conversations I've had since the downturn, the seller seems to have the predisposed perspective that I'm price hunting.
What are others seeing?