Building a Mini Berkshire Hathaway

Synopsis

Xavier Helgesen and Sieva Kozinsky (Enduring Ventures) on acquiring and holding cash-flowing small businesses — 'a search fund on steroids' — long-term hold horizons, QSBS tax treatment, the role of narrative in great companies, and how to finance deals.

Ideas in this episode

• Search-fund small business acquisition

  Enduring Ventures presents a long-hold acquisition company as a search fund on steroids, with financing, QSBS, and narrative as key themes.

• Small business acquisition (no experience required)