Search funds aren't all that uncommon among top-tier MBA students and graduates. There are a couple going on among my wife's MBA classmates. As a tech entrepreneur, I'm a little skeptical about whether their search will prove fruitful, but they don't seem to have huge problems raising capital.
Also, don't forget part-time and executive MBA programs. Students in these tend to skew older (early 30s for part-time programs, mid-40s for executive ones), with 10/20 years of work experience in a relevant industry and deep networks that often include access to capital.
> Also, don't forget part-time and executive MBA programs. Students in these tend to skew older (early 30s for part-time programs, mid-40s for executive ones), with 10/20 years of work experience in a relevant industry and deep networks that often include access to capital.
Spot on. I should have clarified... I assumed MBA the author was talking about was the "2 year program for candidates with 3-4 years experience". MBAs (exec MBA, MSx, etc) that require more experience, you're way more likely to see search funds.
Also, don't forget part-time and executive MBA programs. Students in these tend to skew older (early 30s for part-time programs, mid-40s for executive ones), with 10/20 years of work experience in a relevant industry and deep networks that often include access to capital.