Entrepreneurship Through Acquisition

Entrepreneurship through acquisition (ETA) is the path of becoming a CEO by buying and running an existing business rather than founding one; Search Funds are the best-known vehicle. In the saved posts, Alex Bridgeman’s thread compiling 29 pieces of advice from current searchers and operators stresses industry-focused search, doing it full time, understanding what it means to bring on investors, patience and connections, and the merits of self-funded search, with one searcher noting that “Search odds are actually pretty good.” Justin Mazeka Vogt’s post observes that as more business schools teach ETA there are more case studies, and lists 87 of them, drawn from a guide to preparing for a search fund during an MBA. Together they show ETA moving from a niche practice to a taught discipline with its own literature.

Where this appears

• Search Fund Advice Megathread… (tweet)