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