Idea:
- an Australian private equity fund
- focused on buying well priced SME companies with a boomer-founder looking for liquidity
- which then specialises at inputting AI and Bitcoin into the business
Discussion
Wow the future of freedom 💯
Clever
Why wouldn’t this work? nostr:nprofile1qqsfgg2lg25kxdwg0l9eazq6pwak9wd8j4geuyyu7hua9mmpw6qlvgspz3mhxue69uhhyetvv9ujuerpd46hxtnfduq4camnwvaz7tmswfhhs7fwdehhxarj94ex2mrp0yhxzurs9uuxxdfhxgekvv3kxqcnxve5xgengef38yeryepjv5urgvnyxe3xye3jxqunywpnvgcrwvfjxp3rxe33vsensd3kxqunzdtxxyenwwfndywuz7
Go to the best Australian MBA degree and ask them to put you in contact with the graduates looking for establishing a SEARCH FUND
They do the work, you put the money. High risk high reward business.
Could work very well
Nice suggestion
I wonder what size fund you would want
Search funds are quite an established thing among MBA graduates.
Upon completion of the program, some get a 2-year funding for searching a potential buy (that’s where search fund come from), typically a SME with an old owner and with replacement issues.
Once (if) found, the fund gets expanded with additional investors + debt in order to purchase and run the company
Target Companies are in the 5-20M$ revenue range, with high upside potential for growth
PS the first fund (the search process) you typically cover salary and some searching expenses for two years for the searcher, so it’s not a lot of money