How Investors Evaluate Self-Funded Search Equity Raises | SMBash 2024

Three active investors in self-funded entrepreneurship through acquisition (Ben Bortner, Tony Cappaert, and Kevin Bibelhausen) break down how they evaluate searchers, structure equity raises, and price deal terms in today's market. Topics include preferred return and step-up benchmarks, cap table construction, SBA leverage, governance, friends and family capital, and what really moves the needle when raising outside equity for an SBA 7(a) acquisition. 👉 The next SMBash is coming. Get tickets: smbash.com Find us everywhere: X: https://x.com/SMB_ash LinkedIn:   / smbash   Instagram:   / smb_ash