WHAT'S THE IDEAL BACKGROUND TO START A SEARCHFUND?
Do you think it's necessary to have a background in private equity / banking to start a SearchFund? What do you think are the main skills necessary to start a SearchFund?
Do you think it's necessary to have a background in private equity / banking to start a SearchFund? What do you think are the main skills necessary to start a SearchFund?
Backgrounds from searchers vary a lot. Usually they have MBAs, but it is not a rule. The professional backgrounds vary a lot among searchers. Take a look into the Sandford Search Fund study to understand more.
It helps if one of the partners has a financial background because understanding the numbers is key for the company valuation and key to make it efficient and grow it. Nevertheless, the other partner needs to complement those skills by having a background in sales, law, operations, etc. Take a look at the Search Fund Primer from Stanford.