search funds

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 9, 2018 by Mike Zani · across every show →

Everything said about search funds, oldest first

Mar 9, 2018 neutral
Disclosure
Zani details search fund carry hurdle: 20% under 30% IRR, 30% over
“Typically we structure it as a profits interest. So what we do is we get everyone their initial capital back. And then we share, you know, a percentage of the proceeds and you hit on it. If we are under a 30% IRR, we get 20% of the proceeds. And if we're over …”
Mike Zani Mar 9, 2018 ▶ 14:44 958 When Founders Died, He Acquired $50m+ SaaS Company That Helps You Hire Smarter
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