Search funds are a new and interesting way to find a new business. Basically a group of investors will sponsor an entrepreneur as they go and look for a new opportunity. When the opportunity is found the investors own a piece of it and have the right to invest in future fundings.
For more information try Stanford:
http://www.gsb.stanford.edu/ces/resources/search_funds.html
or Knowledge @ Wharton:
http://knowledge.wharton.upenn.edu
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