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Building a Mini Berkshire Hathaway
The Startup Ideas Podcast
Search Funds in Private Equity
Geco: I spent the first seven years of my career in private equity, and several of our employees left, went to business school and then raised search funds. That's essentially where an mba goes and raises a bit of money to go try to acquire a business and then run it. The way they 're compensated for doing this looks a lot like private equity,. which is fundamentally t a sort of, more or less a carried interest model. And so started reinvesting the dollars from that, from that business, into higher profit - mackerel growth industries.
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