Both buyer Jared Lenner and seller Dave Serwitz share their perspectives on the acquisition of a 20-year-old business.
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Topics in Jared & Dave’s interview:
- Jared buying Dave’s tutoring business
- Dave’s motivation to sell
- Choosing to work with Search Fund Accelerator
- Their agreement to “assume positive intent”
- Why Dave didn’t sell to private equity
- How the in-person business survived Covid
- Bookkeeper quit right after transition
- “Other people’s money is scarier than a PG”
- Competing with AI in the future
- How it feels to sell your company
References and how to contact Jared & Dave:
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Edited by Anton Rohozov
Produced by Pam Cameron