Who has lessons learned from a search that closed without acquiring?

by a searcher from The University of Michigan - Stephen M. Ross School of Business

2 years ago

Hello, Search Funders,

I'm interested in learning from searchers who closed a search without acquiring, for any number of reasons. I would not call these "failed searches" because I'm sure the searchers who lived these experiences have incredible tenacity and fortitude, but learned some valuable lessons along the way. Does someone have this experience or know someone who did? Thank you for your help!

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intermediary from Northwestern University - Kellogg School of Management

There are many reasons for closing a search without making an acquisition, most notably by having the discipline to resist making an acquisition that has many “red flags” simply because you don’t want to have be seen as having conducted an “unsuccessful” search. Assuming you have conducted a thoughtful, systematic search process around a sound investment thesis, you have developed and demonstrated a strong set of marketable skills that will be valuable to you and others in future business endeavors.

2 years ago | like reply | 1 like

searcher from Providence College

Great tips ^Searchfunder member‌ thanks!

2 years ago | like reply | 2 likes

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