Lively debate between Greg Geronemus & Robert Graham about the 2 most common models searchers use to acquire a business. Covered in the debate:
Quick definitions of each model
How the economics differ
Why are traditional search fund terms so fixed?
CEO vs. Owner
Accountability, governance, boards, mentoring
Flexibility & optionality
Relative risk of both models
Probability of close
Probability of success
Assembling the board as a self-funded searcher
Is either model preferable for particular industry targets?
Who is your model not for?
Connect with the debaters on LinkedIn:
Robert Graham
Greg Geronemus
Connect with Acquiring Minds:
Connect with host Will Smith on LinkedIn

Follow Will on Twitter

Links & mentions:
Stanford's 2020 Search Fund Study
Robert's investment firm SIG

Greg's investment firm Footbridge Partners