Guests A. J. Wasserstein, a Yale lecturer and research expert, Daniel Lazier, a search fund entrepreneur, and Dustin Sellers, an ETA private equity veteran, dive into the intricacies of ETA investing. They reveal that 58% of investments yield below a 1.9x return and explore why broader investments don't guarantee better results. The discussion touches on the advantages of 'high-status' investors, the shifting nature of returns, and the importance of assessing searcher qualities. They also argue ETA is increasingly resembling venture capital dynamics.
