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Here are the approx stats for my search (14months): Outreach: ~10k Positive response: ~400 Initial call: 300+ IOIs: 12 LOI: 6 Signed LOI: 2 Acquisition: 1
You reached out to any company, not just those already on the market correct?
Still feels like there is a potential to build a “MLS for private SMBs” but lots of parties disinterested in that happening.
There are a few low penetration marketplaces at low end: flips, bizbuysell
Any company that would fit certain criteria... the subset of companies “officially” in the market is fairly small to have success as a search funder
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