“[Camera World] fit all our criteria…It was profitable. Sales were stagnant, but there was growth opportunity. The owner was retiring, and there was a successful mail-order business in place. It had a huge database of happy customers who came to Camera World in the same way people go to Amazon…

Sandro delves in his time operating Camera World and explains how the search fund ecosystem has changed over time. During the conversation, they discuss how searchers should think about transitioning ownership from the seller to themselves and how searchers can construct and utilize a great board for their company.

Sandro discusses the most recent data from the 2016 Stanford Graduate School of Business’ Search Fund Study and how it points to a growing investment class that’s delivering uniquely robust investor and entrepreneur returns.