Successfully closed my first search fund raise — lessons learned

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Anna LindqvistSEARCHER· 2 weeks ago
Just closed my search fund raise at €450K from 12 investors. The whole process took 5 months. Here are my key takeaways: 1. Start with your warmest contacts — alumni network was gold 2. Have a clear thesis before approaching investors 3. Be transparent about your experience gaps 4. The pitch deck matters less than the 1-on-1 conversations 5. Follow up relentlessly but respectfully Happy to answer any questions from those in the fundraising stage!

Comments (1)

Maximilian MüllerSEARCHER· 2 weeks ago

Congrats on the close! How did you handle investors who wanted board seats? With 12 investors, I imagine governance could get complicated.

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