My guest on this episode is Juan Ruiz. Juan is the founder of CommunEtA, the first-ever student-led search investment fund. The goal of the fund is multifold: provide exposure and training for students wanting to build a career in search, provide a grassroots investment option for searchers, and spread the word about search across the country.We start off the episode discussing a few student-run funds on the venture capital side that inspired CommunEtA and round out the conversation with topics like building a team of students that are constantly joining and graduating, the power of search to transform someone's career, and how search might evolve in the future. Enjoy.Listen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn.Links:Juan Ruiz on LinkedInEntrepreneurship Through Acquisition Student ClubBlue Road CapitalSeverance on Apple+ Topics:(3:32) - What models did you study for this dorm room-style fund for the VC world?(6:52) - What kind of oversight is there from the University staff?(8:15) - What’s the process for creating systems around the fund given the high turnover of graduating students?(10:07) - What was the inspiration for the fund and the mission, vision, and value behind it?(13:36) - What was your background prior to your MBA at Harvard?(18:40) - What’s the interest level you’re seeing from students toward Search Fund Investing?(21:50) - What do you view as the main goal of the fund?(26:53) - What’s the involvement of students in the fundraising process?(27:46) - What will your role be for Commune ETA going forward?(29:06) - What are some roles and jobs for students in the Club?(30:24) - Is there any conflict of interest with students helping to run a Fund while also pursuing Search?(32:08) - Do you plan to expand this club to other MBA programs?(33:22) - If this club was in 5 schools, what would the investment committee look like?(35:08) - Do students get paid?(35:25) - What are some of the different compensation models you look at?(35:55) - What challenges do you foresee with growing this club across other universities?(36:55) - How many students do you need to have quality output?(37:59) - Evangelizing Search(42:26) - What college class would you teach if it could be on anything?(44:43) - What strongly held belief have you changed your mind on?(46:52) - What’s the best business you’ve ever seen?